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10.11.2022 08:30 AM
Elliott wave analysis of Tesla for November 10, 2022

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Tesla has broken clearly below the S/H/S top's neckline and is heading lower towards at least 132 and possibly closer to 85 in the months ahead. Short-term we should expect support near 170 to be able to temporarily reject the decline and send Tesla closer to resistance near 225 before the next strong decline in 2023.

Summary
Urgency
Analytic
Torben Melsted
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