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Tesla
Short

Trend line chart patterns layout perfectly.

By Prosperitus
Stock made a double top and is consolidated. I do not see any indication of an immediate downturn but it will probably happen fast when it does! I will be looking at the earnings report on October 25th. If the loss is more than the $2 projected it will probably turn down fast. It will be interesting to see where it goes. Personally, its looks like down is more likely. My humble prediction is a stock price between $287 and $179 sometime soon.
Chart PatternsTrend Analysis
Prosperitus

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