Negative short term moving averages Negative Tom demarks sequential Also announced a Stock offering - creating more sell supply. (TSLA stock offering = crash, DKNG offering = crash)
The confluences: The 4 HR and Daily TD support Both @ 24.80 0.786 Fib at 24.50 - Roughly 55% crash from top 50 Daily moving average
Would look to rebuy Li At 24.50ish
Note
Shorted 32, and Praying.
Note
Reshorted 31.5.
Note
So many people keen to 'buy this dip'
They're all in for a surprise...
To me it's a classic bubble pattern, the denial stage, hence we should wait for capitulation, may go well below 24.50.
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