I think its ready to drop
Updated
Nice to short it now
Trade active
As you can see Tesla tried to break out this morning but got rejected from the top of the wedge. "The big shorts" David Einhorn just wrote that its pretty much topped out and they will be shorting it I guess.Trade active
Next few days it should start dropping. First support 200EMA. Really over bought on a Daily Chart.Trade active
As you can see on the update: it found short term support held from Nov 5th, Looks like its bouncing on hourly due over sold condition. I'm expecting it drop to at least $309-310 in the next few day/week. Still really over bought on daily Trade active
Bulls wont give up! Really pushing it hard. It broke down from the Ascending Wedge. Now its creating a bear flag. $346-$348 should play as a resistance!Trade active
As you can see its till trading in that flag. MACD crossed bearish on daily. Its getting closer and closer to that big correction.... Trade active
Don't underestimate Bulls. Failed breakout this morning. Still in that narrow chanel. People who bought Tesla has no Idea that the company will be bankrupt in the near future!!! The broad market will make them sell at some point. Tomorrow should be interesting to see.Trade active
I think I figure it out. Check out the New Post
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