May. 19 at 3:03 AM
$TSLA Interesting. Looking back a few years and finding that area I was talking about re: 20ema and 200sma dynamics and unless this prices turns upward pretty soon, there could be a major drop. There's a few days for this to shake out. Just watch the 20ema and whether it stays above or floats back below the 200sma on the daily. If they stay intertwined, then things remain neutral leaning bearish. If 20 drops below with a big down day, like getting down to the 50sma at 387, that would signal wheels are off or at least lug nuts very loose while car travels at 100 mph on a windy road downhill.
