Low risk short on TSLANASDAQ:TSLA
Entry : 848
Risk To: 905
First Target Gap: 750
2nd Target (RLZ): 600 (4:1 R/R)
Low risk - stop loss just above double top
Talking some profit at 750 gap, moving Stop to scratch
Rlz
Some Potential DOGE RLZsDOGE potential reload zones in the green boxes. Risk to the bottom of the larger green box around .035
After Pay near ATHAPT has just blasted through that short zone (red box) in last few days. All secondary to Tencent bought at 5% stake. Will it keep going up or is this a 'sell the news' scenario? Honestly I've been trying to get in at a good level for a while now and do believe in the fundamentals underlying APT, but you can't FOMO buy levels like this. Also I'm a little wary about Tencent taking a stake as the republicans in America are essentially trying to outlaw them from doing any business in the states. Will this affect the overall push into America? Who knows, but something to think about.
I'll be watching this chart closely and will let you all know if I go long or short in the future.
