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One of the hottest stocks on Wall street could have created a “Head & Shoulders” topping pattern with a break of the neckline taking place today.

A bearish pattern, “Head & Shoulders” topping pattern in Tesla (TSLA) to many seemed “Impossible and Unable” to take place, and now the odds are going up that it “Possible and Able!”

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Shared the above chart 20 days ago on Stockwits, reflecting a bearish engulfing pattern was taking place and the potential for an Eiffel tower pattern was at hand!

Sir John Templeton said…“when it comes to investing, its better to leave a party early than stick around too long!” 

Boy does that saying apply to Eiffel tower patterns!!!

 

How The Recent Decline In Stocks Looks "Eerily" Like Major Bear Markets Of The Past