Sagar
This high flying stock is overvalued and is at the weekly and daily Memory trendline resistance.

$TSLA.

1) The industry is weak, and (2) decelerating.

3) Overvalued and (4) more than 90% of peer stocks are down today.

5) Weekly and (6) daily are at Memory trend line resistance.

7) Traffic Light candle color turned red as of ~10:00 AM EST.

Long holders may be cautious and short traders may look for low-risk entry opportunities.

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