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TSLA Misses Earnings & Drops Below Resistance

I gave numerous warnings that TSLA is likely to drop around earnings. TSLA has missed earnings for 4 quarters in a row, and I think they are in a lot of trouble right now. The robotaxis need to succeed for TSLA to have some long-term growth. In July TSLA formed an overshoot above my yellow resistance line. This was an opportunity to sell at higher ROI than the initial target. Now TSLA is back below the yellow trendline again, and has formed another rejection at this yellow line.

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