Simple technical analysis. Read the chart. Short signal at 33:30 and cover at 30:00. Wait for reversal candlestick/doji and wait for the bounce off the resistance line of 33:30 before actually shorting. Good luck traders.
TSLA is currently in an uptrend however it might break the uptrend thanks to a prediction done with the technical indicators that all show that TSLA is overbought. I have drawn the support (green) and resistance (red) horizontal lines. The price is getting close to the resistance level at around 193.50 and might bounce back down to around 183 at the first...
profit target at 6.60 USD. I suppose we have an HPS setup with the trend line divergences, the undersold stochastics indicator, the very much undersold relative strength index and the MACD line intersecting the signal line
It seems to me that it will bounce back off the support line one more time and possibly have a breakout over the resistance level. good luck...
