March 1, 2015

TESLA Bearish Channel

  • TESLA Bulls is struggling to cope with the Bearish Head and shoulders breakdown. Price also continues to stay below 200 and 50 Day SMA.
  • For bullish moves to happen price needs to move above the channel shown in first chart. As long as price stays in the channel it is likely to give new lows.
  • Facebook bearish engulfing and Target levels

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