TESLA: Targeting $310 on this new bearish wave of the Channel DoTesla, Inc.BATS:TSLAInvestingScopeTesla is neutral on its 1D technical outlook (RSI = 47.030, MACD = -2.850, ADX = 17.040) as it's consolidating around the 1D MA50 for almost the past 2 weeks. This is part of the bearish wave though that started on the May 13th High at the top of the 7 month Channel Down. Having crossed both its 1D MA50 and MA200, the next long term technical support for TSLA is its 1W MA200. Expect the current wave to get close to it and the bottom of the pattern on a -32.50% decline (TP = 310.00) like the first one. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##