As surprised as I was by $TSLA, it's worn off a bit. Definitely not as bearish I was - but still skeptical more-or-less. Luckily I've been able to go through chart after chart to find a setup that semi-explained what possibilities there really were with a DUMB wild up-swing in a DUMB wild bear trend. $MRK back in 2015 & coincidentally, even current pattern aligns with $PM & $TSLA. Bearish trend, but a more than bullish re-trace. Downgraded from $113 -> $88, but unfortunately I've seen too many tickers this week (Biotech mostly) that've gotten beaten. $CMD, $FSLR, $NKTR, $BGNE, & $DQ are all of which have lost more than -20% within past two weeks. All of which, have pretty massive institutional ownership ($DQ lowest w/ 34%, $NKTR highest w/ 99%). Seeing as $PM has 74% institutional onwship. we'll see how it goes. Rectangle target price, black WMA resistance.