TeslaShort
Tesla on the weekly
Updated
Hello Friends!
This is a weekly look at Tesla’s chart.
Tesla needs to close above $903 this week. It’s been slushing around in this zone, it needs to make up its mind. If Tesla can’t close above $903 (this week) and build levels above $903 (next week), Bulls might give up.
Levels that I’m looking at if $903 doesn’t hold:
$814
$762
$707
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
This is a weekly look at Tesla’s chart.
Tesla needs to close above $903 this week. It’s been slushing around in this zone, it needs to make up its mind. If Tesla can’t close above $903 (this week) and build levels above $903 (next week), Bulls might give up.
Levels that I’m looking at if $903 doesn’t hold:
$814
$762
$707
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
Note
Needs to hold $792.01 this week or it will fall out of the downtrend channel.Trade closed: target reached
Closed my short from the break of $903 to $715. Will look at how it reacts when it approaches $903. Technically it's still not out of the woods. GL and manage your risk.
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