Madrid
Short

258-256 consolidating range

NASDAQ:TSLA   TESLA INC
188 1 4
The market is rallying, but TSLA             is lagging. The 258-256 is a consolidating range, if this is broken to the upside it will make a bear flag until 260-ish level, but if broken to the downside, this will break the temporary short term support channel in the 30 min. chart.
By the way the main uptrend channel was already broken, so it is unlikely it will go back to the 270's level unless denial will be stronger before ER. I suggest to be extremely careful with this one, since volatility is very high here.
Curious to know what kind of stops do you think you have to use on this time frame? $5 risk?
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