Chartology: Tesla Getting Near a Bounce (TSLA)

The stock is changing hands at $137.80 down $1.97 after bottoming at $132.32.
From Slope of Hope:

Let me start by saying a  few things:

1. I think it’s going to be a long, long time before TSLA gets above its high of $195.40 this year;
2. The stock is basically a short-seller’s dream at this point, since ultimately I think it’s going to work its way back down to $45 or so;
3. But at the moment, I think it’s probably not going to get much lower than about $128, plus or minus a few bucks, before bouncing back to around $160

And that’s all I’ve got to say about that.