$TSLA TOP 20 UPDATE
Added 2023-03-29 11:21:38 +0000 UTCIn $TSLA's last chart update, I spoke about this bear flag and that if it breaks down, the structure could be an ABC count, it has broke down now and not looking too good, PM is showing some positive signs but that brings it back up to the 50 and 200 Day MA and outside of the bear flag for a retest....if this rejects here again, it will drop hard I believe.
If it can recapture the bear flag again, then the waves within the bear flag continues, until a direction is decided but for now, the bears have the upper hand.
RSI on the 1hr and Daily are not showing any bullish momentum and the trend is still the same since the 2nd of Feb.
Bulls have a lot of work to do and for today and the rest of the week, they really need to step in and save this from going down to the $146 - $142 range.
