$TSLA Is Still Likely Heading Down To $38.60 From Here
This is an Update/Reminder of a Previous Similar Bearish Idea I had on $TSLA before the stock split. I'v felt that it is necessary to post a fresh updated readjusted chart to account for the post-split price action. If you want to compare this chart with the original chart check the Related Ideas Section Below.
$TSLA as we look at it today continues to Bearishly Diverge at the PCZ of this Logscaled Bearish AB=CD and has formed a Bearish Head and Shoulders Pattern at the Highs. The target pre-split was $38.60 but post-split i can now seet going all the way down to even $13 or lower, however to be conservative i will continue to target $38.60
$TSLA as we look at it today continues to Bearishly Diverge at the PCZ of this Logscaled Bearish AB=CD and has formed a Bearish Head and Shoulders Pattern at the Highs. The target pre-split was $38.60 but post-split i can now seet going all the way down to even $13 or lower, however to be conservative i will continue to target $38.60
Komen:
TSLA has Broken Hooked and Goed off of the neckline of the Head and Shoulders:
