Short term bullish setup
Tesla setting up nicely to bounce off previous support, looks like a long to around 240 then a good short position. Tesla is trash, electric cars are a meme, still has a 48 P/E.
Note
Target is probably between 215 and 240, probably will not make it to 240, but overall long term extreme bearish. (Side note: Musk sold $4.5 billion worth of shares a couple days ago)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.