There is a lot of skepticism about using technical analysis as a trading tool. Well, this is jut another awesome call and example of the power of technical analysis. I called TSLA's current downtrend back in August 2015. Check out the article.
If you still don't believe, then check out some of my featured articles on my home page - the power of technical analysis has led me to make some awesome and some spectacular calls over the last 3 years.
I guess that is why my account balance is also up over 300% during that same 3 year period.
Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.