Tesla
Short

TSLA: Retrace after failing to break prior resistance

Updated
It's shorting season again and I've got my eyes set on this white whale. There's the potential for this to turn out to be a 4th wave completion but considering the multiple tops and market-wide weakness, its more likely to be a B wave of a larger ABC correction. Oscillators on the chart seem to support a retest of previous lows. Let's hope my analysis isn't being blinded by my general bearish disposition.
Note
Playing out nicely. Good spot to take profits
Technical IndicatorsTrend AnalysisWave Analysis

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