Tesla (TSLA) Short Signal Alert - Won't Break $417 Tesla is hitting a major resistance zone (green box), where a lot of selling is expected. This presents a short opportunity for those looking to trade the pullback.
๐ก Key Details:
- Short Zone: $417 - $425
- Stop-Loss: Above $425.82
๐ฏ Targets:
- Target 1: $403 (once this is reached, move your stop-loss to entry price or take your profits)
- Target 2: $392 (once this is reached, move your stop-loss to target 1 or take your profits)
๐จ What to Watch:
- Wait for Tesla to reach the green box before considering a short position.
- If Target 1 is hit, move your stop-loss to entry to reduce risk.
- Target 2 offers a solid exit point for taking profits.
This trade is for experienced traders and focuses on short-term pullbacks.