I believe that TSLA stock is currently in the last leg down of regular flat formation. From the absolute top we have completed wave "A" down 100$ , and counter wave "B" 300$ and now it might retest 100$ low.
Note
I believe that recent upward action is shorts covering and setting a bull trap. Failed move up will lead to a quick drop to wave iii. Lets see how it plays out ;)
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