TSLA triggered a Short-Term Sell on July 20th as it fell through 285, generating a system Sell Signal. As the chart below illustrates, the stock is currently about half-way through the post-earnings time pattern and approaching a Fibonacci 62-50% retracement of the previous up-leg. I still expect an August-September low from which TSLA should run much higher for the rest of the year. It would take a move higher to above 260 ("Average True Range" signal line) to place a "Pending" in front of that forecasted Buy Signal, so both time and price currently argue against it happening anytime soon. TSLA 240 Minute Trading Model QQQ - Still rolling over
