This might not be a popular take, but I'm still calling it the way I see it.
$Tesla Motors(TSLA)$ can grind higher if the broader market holds up, but I'm watching the range, not the hype.
My base case is a slow drift toward resistance, and then a sharp rejection if the overall market rolls over.
Until the chart structure actually changes, TSLA still looks like a sell-the-rips setup to me.
I'm still bullish long term, but bullish doesn't mean blind.
Would you be buying the breakout here, or selling the rip?
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