Good Morning Fellow Traders, to day i am looking to short TSLA, if we look at the 5 min chart we can be able to see that we are below all moving averages, we are gapping down on earnings, so my play will a gap fade out of the open on the break and confirmation of 231.50, we have room all the way down to 222, but my first PT will 229.
Other stocks that can work and you can do a TA before jumping in to it are PTC, but be careful, i have my reserves because it is too extended, probably will go up rather that selling off.
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.