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TSLA SHORT
Tesla
Short
TSLA SHORT
By AwesomeAvani
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Aug 16, 2022
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Aug 16, 2022
TSLA
On the 4H Chart, TSLA is at the resistance of the SEll orders @ $ 924 with a Doji Candle.
TSLA is looking to reverse the trend and head down to 860 or beyond to 720.
Terminal RSI divergence hints at the reversal as does the increasing Choppiness Index.
A stop loss set at $1.00 above today's high seems reasonable and yields a low risk
for the expected reward.
What option would you use to trade a put to address this idea?
Chart Patterns
EV
short
SHORTTSLA
technologystocks
Trend Analysis
Tesla Motors (TSLA)
AwesomeAvani
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