TSLA (Tesla Short)
Updated
Whats up Traders,
We're shorting tesla again. See chart -
Quite frankly, the stock has ben a dog for a while now. The SEC investigation news was the nail in the coffin.
Target Price - 260-250
Stop Loss 305ish
We're shorting tesla again. See chart -
Quite frankly, the stock has ben a dog for a while now. The SEC investigation news was the nail in the coffin.
Target Price - 260-250
Stop Loss 305ish
Comment
This chart is still active - I expect TESLA to retrace majorly soon. It seems to be consolidation a the moment. You can actually paint a down trend resistance line that touches the:
June 15, June 29 Highs through this current spread.
If TESLA breaks through this line and confirms, i would cancel this idea.
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