Tesla

TSLA Pullback Into a Possible RIP

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The current pattern being played out in TSLA is a Zig-Zag to the downside. I personally will build out my put position if we are under 750. Break of 750 will take the price to 770 which is the end of the alternate Zig-Zag. If 700 is broken a new pattern should occur before hitting 676, under 676 is the end of the world. The best-case scenario is a drop to the early 700s then a rip to 800 if there is good economic news and hype.

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