On Friday, Carter Braxton Worth sharpened his pencil and examined the technical picture of Tesla Inc. (TSLA). Tesla will be reporting 2nd quarter results on Wednesday, so this was a good time to read the tea leaves. Carter points out that the short-term price action looks a bit wobbly. On an intermediate basis, we think the picture is more unclear. On a fundamental basis, one can make both a bullish and bearish arguments. Such is the nature of trading.
