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Feb 7, 2020 10:46 AM

TSLA Evening Star & Gaps Short

Tesla, Inc.NASDAQ

Description

After a parabolic advance that would make crypto traders envious, Tesla has created an Evening Star Reversal pattern which tend to mark the top of a price advance, or in this case, a potential blow-off top. Moves like this are rarely sustainable long-term so a pullback in the short-term is expected. Lower levels to watch for potential support stem from previous gaps in price, shown in red.
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