Don't want to burst anybody's bubble but .. H&S Forming

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Resuming the analysis from this chart I published on March 11th. Back then I called the current peak which worked as predicted, and we all were happy, but there are signs that started to develop that are rising concerns.
There is a Peak on February 2014, a bigger one on September 2014 and a new one forming on May 2015. The developing pattern is the dreaded Head and Shoulders .

Signs that concern me the most are:
  • The key Levels, if 260 is not broken, then this will be a confirmed H&S
  • The average volume has been descending, which is not a good sign,
  • The cash flow is drying
  • The insider selling
  • The bullish momentum is divergent, you can see three peaks, which are lower and lower while the trend is higher.
  • The bullish ascending bars normally have lasted 5-6 weeks. We're on the 6th bullish bar.
Currently is at a resistance level , if this is not broken this will be very bad news for TSLA             .
Very similar view, especially when I made my chart, over this past week tho my thoughts on 260 have slightly faded to say the least as this 250 level has proven difficult. With 3 bear divs on daily macd, forming a trip top. A triple top has already formed on the daily rsi, with the weekly rsi turning down after hitting the down trend resistance. A Gravestone doji also was formed on the weekly this past week. Something to look out for.
sry meant to say rickshaw, not gravestone.
Madrid PRO p3lonis
The decaying momentum is a signature of a H&S and so far the price action today plus the weakening overall market is starting to confirm this.
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