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Short

TESLA Bearish Scenario

NASDAQ:TSLA   TESLA INC
Tesla share price has been trading into a bearish consolidation pattern for the last few weeks. The neckline of the bull trend, now an important resistance has prevented the price several times to continue the bull run. It is quite likely that the share price may begin quite soon an important bearish move. An entry short at around $340 with a stop in $364 seem reasonable.

Good luck fellow traders.
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