Can TSLA Survive This Crash?

Last May we questioned whether TSLA could avoid a crash.  The answer came quickly, as TSLA bounced back above horizontal resistance a month later.  Since then, however, it’s been a constant battle — marked by multiple breakdowns and rescues (most of which landed Musk in hot water.)

The latest bounce, however, pits the stock against the horizontal resistance, the .382 Fib retracement and a falling wedge top — triple resistance. Then, came the latest disastrous forecast miss.Now, TSLA looks likely to test 250 again.  If it fails, it could fail in a very big way. continued for members


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