Madrid
Short

$300 now became Resistance.

NASDAQ:TSLA   TESLA INC
The long 3XX level maintained for months was breached to the bear side. The technology sector today was hammered hard and $TSLA couldn't deal with it. We had a gap up back in March/april 2017. This gap is becoming resistance too. So my forecast for TSLA in the following weeks is once it hits its lower support channel line, it will be bouncing around the 280, 250, 220, or even as low as 180 levels. Time will tell, as usual, but it doesn't look good in the short/mid term for the (mostly) electric auto manufacturer.
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