$TSLA on the top end of the down channel; will it rip or dip?
This one is a wild card folks. Strong support in the 1060s, but shorts have been ruthless, along with low volume I am surprised this hasnt dropped more; which is a good sign to me. I do see this being a 50/50 on the drop next week but with volume intending to come back into stocks, and tax loss harvesting season over I got a good feeling about this. Finally TSLA China numbers should be released in the next day or two, which is a big factor in the stocks price movement especially with the recent recalls. As with most tech, this will most likely correct again in March with tapering ending, and rates rising.
NFA.
NFA.
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