Having fun with weekly option swing trades, I see TSLA falling to $600 a share by Friday. Bollinger Bands about to cross at a high point, moderate RSI, and MACD shows weakening bullish divergence. Cloud shows resistance at $620 a share, and bearish divergence is growing based on the Divergence+ Indicator. My plan is to buy my put when TSLA is up tomorrow and Sell Wednesday or Thursday for a quick profit.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.