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Aug 20, 2020 8:02 PM

Tesla At Top of Channel Short

Tesla, Inc.NASDAQ

Description

This is a very simple analysis. Just pointing out that Tesla is now at the top of a parabolic channel that goes back to the beginning of this year. It can still go higher from here, but some will be looking to take profit in this area.

The bottom of the channel is around $1,300.
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