We have been a narrow choppy, sideways trading (green channel) range the last few weeks, whichever direction we break this channel is the next major directional move.
The Intraday cycle today had a 79% chance we see a 1st hour Low, which we have seen (pink lines) and we are biased lower, with a 68% chance we see a last hour Low.
Tesla is in a steep down channel and touched resistance yesterday (arrows).
Possible Ewaves are shown in the chart.
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