I need to think about TSLA a bit more, here is my more detail setup. You can read my main reasoning in my previous idea "Tesla this year, basic setup". One think for sure, the company's exciting times just begin and even thou retraces, probably will never be back to those previous levels.
Cheers and happy trading
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A lot of downside from people cashing pre-tesla 3 investments. However, that was bit too sharp decline. GS also decrease the ratings of tesla to 180. I'm not sure if that will happen, but for me personally 290-305 is bottom/good support.