If Tesla repeats the last pattern one last time the stock could go back up to a last and final peak around $260-$270 before it goes down for a long time - if it does indeed complete a trip top chart formation around March-May 2016, during the end of the Fed driven zero interest rate stock bubble.
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Tesla is back down to 250 USD after rallying up to 269 USD. And it starts to look like that I was 5 months ago only by 3 days wrong in picking the potential top of 2016 (I had marked April 11 in the chart):
"Something interesting — and possibly alarming — is happening with Tesla stock"
businessinsider.com/tesla-stock-boring-decline-2016-12