ArmanShabanTrading

TSLA : First Bearish Target Reached , What's Next ? (Fall More?)

Short
BATS:TSLA   Tesla
Upon reviewing Tesla's stock chart, we see that the price hit its initial target of $168 and even corrected down to $167. Following the release of yesterday's CPI data, the stock saw renewed demand and is currently trading around $177.

Prediction : After a brief upward movement, I anticipate the stock will face another decline.

Note : All other assumptions from the previous analysis remain valid.

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Best Regards , Arman Shaban

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