Get started
Tesla
Short

TSLA is going to burst soon, SHORT

By szykopkurwa
Updated
TSLA
I believe that the stock price of Tesla will plummet before February 2021 due to a few technical and fundamental factors, which are:

  • Trailing P/E ratio of 1,349.27
    696.45% 52 week change, there's going to have to be a correction
    Rising wedge on the weekly and daily timeframe
    RSI overbought on the weekly and daily being a common occurrence

I believe that TSLA has only been bullish for so long because of hype and uneducated retail investors pumping the price
This is just another bubble that will burst very soon
Note
this is just my opinion, not advice :)
Multiple Time Frame AnalysisValueWedge
szykopkurwa

Disclaimer

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.