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TESLA on the cross roads

Tesla (BATS:TSLA)  
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BATS:TSLA   Tesla
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
Tesla is at an important support level of $160. Currently it is not clear if it will recover or dip down further.

Here are 2 scenarios i am preparing for.

1) Bullish a recovery to $225
2( Bearish a further decline to $100

What do you think?
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