Tesla is trading in a short-term downward channel, interestingly at the same 11 degrees that the previous trend was trading in the first half of the year. Most likely the price action stays within the channel till earnings in Jan. Also, Elon and Cathie are selling enough to keep pressure on the stock (Elon selling for taxes due to options and Cathie for portfolio management.) Long term channel is alive and well and the fundamental story backs that up.
*not financial advice*
*not financial advice*
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