SHORT TSLA THE BEAST
TSLA has seen quite the run this year and is up close to 40% this month alone. There has been a lot of positive news pumping the stock despite
fundamentals being a little lackluster. Buyers are starting to show signs of exhaustion and we should see a pullback as profit taking kicks in.
The daily candlesticks have been outside the upper Bollinger Band for more than a week, not to mention a few observable sell signals i.e.
negative divergence on RSI and shooting star candlestick. I think it's time to short Goliath on Monday at close or on a pop. My price target is
based on the 23.6% fib retracement and the stop loss should be Monday's high with some wiggle room. Good luck!
fundamentals being a little lackluster. Buyers are starting to show signs of exhaustion and we should see a pullback as profit taking kicks in.
The daily candlesticks have been outside the upper Bollinger Band for more than a week, not to mention a few observable sell signals i.e.
negative divergence on RSI and shooting star candlestick. I think it's time to short Goliath on Monday at close or on a pop. My price target is
based on the 23.6% fib retracement and the stop loss should be Monday's high with some wiggle room. Good luck!
Note
Target reached!
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.