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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.

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