Tesla going to low 940-1000 for now
A lot of bad news about Tesla and based on the charts looks like a sell off on both 15 min chart and 1 hr chart. I see it falling to 942 low - 1000. Let’s see. I am still bullish on tesla it will test the levels & their Q4 results is approaching.
TSLA
-0.64%
+ Free Alerts
short interest has increased 3% since the last report. The company recently reported that it has 26 million shares sold short, which is 3.25% of its float, the amount of regular shares that are available to investors for trading. With its current trading volume, it would take traders 1.0 days to cover their short positions on average.
Why it matters: Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Traders make money from a short position if the price of the stock falls and they lose if it rises. For these reasons, short interest can be used as an indicator of market sentiment for a stock. If the number of shares sold short increases, this can mean that the market is developing a more bearish outlook on the stock and if they decrease this can mean the market is more bullish.
TSLA
-0.64%
+ Free Alerts
short interest has increased 3% since the last report. The company recently reported that it has 26 million shares sold short, which is 3.25% of its float, the amount of regular shares that are available to investors for trading. With its current trading volume, it would take traders 1.0 days to cover their short positions on average.
Why it matters: Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Traders make money from a short position if the price of the stock falls and they lose if it rises. For these reasons, short interest can be used as an indicator of market sentiment for a stock. If the number of shares sold short increases, this can mean that the market is developing a more bearish outlook on the stock and if they decrease this can mean the market is more bullish.
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