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jangseohee
Oct 10, 2014 9:15 AM

Beware of the rejection 

Tesla, Inc.NASDAQ

Description

TSLA is currently engage is this thin seemingly downtrend channel
Price attempted a break up but was rejected all the way down until 8ema.
there might be a struggle of price in the blue region, but if the next bar drop and engulfed the 3 MAs together, price will definitely plunge.
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