As alerted many times, if $TSLA closes below $600, it opens a door to $500, possibly much lower. Targets on the chart.
Forecast from May 29 stands:
“If in the next few days, the price reverts back below Thursday low of ~616 or below the 200 daily MA of ~600, the reversal would be confirmed and I would expect $TSLA to fall to the red/blue rectangle area. Red – higher probability.”
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