$TSLA testing new lows, Downside not complet yetTesla, Inc.BATS:TSLARabishankarBiswalAfter hitting an ATH TSLA has lost the momentum. In this blog space we already propagated the idea that there is some more downside until the reaches the 200 Day SMA. We see that TSLA stock has lost the 20 Day, 50 Day and 100 Day SMA and the next stops are the 200-Day @ 276 $. But if we look at the Fib Retracement then the levels @ 0.618 with price 273 $ and the Fib level @ 0.786 with a price 215 $ are the key support level. If it reverts back to the 0.786 Fib level then it will loose all its election related gains. But in contrast S&P 500 and NASADAQ100 are consolidating and not breaking down as $TSLY. So, we might see TSLA underperforming the QQQ over the next few weeks. Long TSLY between 250 $ and 200 $.