TeslaShort
Doesn't look good for TESLA
Tesla has been trading in a massive downtrend. Regardless, there's been many opportunities for nice trades. Unfortunately it's currently in a tight rising wedge and looks like it's coming to the top and also approaching the top the downward resistance line. A drop can make it test $218 1st and break below that might cause a test of .236 fib, $187.
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.