$Tesla Motors(TSLA)$
The attempt to break out failed. Tesla needed to enter the earnings reporting week with some cushion. The way it ended the trading week is not good.
At $241 plus, my expectation is it will retreat to $230 prior to Tuesday the 22nd April. And if the earnings results are as poor as I expect it to be, Tesla will likely go down to $220. Or lower.
But beyond this earnings season, I expect Tesla to fall even further to below $200. Again, my target price by mid-year is $180. I am kinder than Wells Fargo and JP Morgan who have called $120......
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