Tesla: Potential Bearish Reversal

٣ نوفمبر ٢٠١٣

The recent parabolic run in price may have come to an end, as major technical weakness, reversal signals alarming for a potential top.

-A classic trend line break
-A classic head and shoulders reversal
-50-days SMA break
-Bearish momentum
-First Bollinger bands break since February

Add to that, the bubbly behavior of the shares in the past few months

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