Tesla - short idea. Start of corrections?
Hi guys, I see the short idea on TSLA
ππππ¨π€π£π¨:
π Now, the price is on support 196$ LVL, and looks like we are ready for a correction.
π Tesla reported Q4 FY 2020 adjusted EPS that missed analyst expectations by a wide margin.
π The price has gone too far from 200MA on Day chart.
Short 795$
SL 4-5%
TP1 716$
TP2 656$
Follow me for more ideas.
Thanks,
V.
ππππ¨π€π£π¨:
π Now, the price is on support 196$ LVL, and looks like we are ready for a correction.
π Tesla reported Q4 FY 2020 adjusted EPS that missed analyst expectations by a wide margin.
π The price has gone too far from 200MA on Day chart.
Short 795$
SL 4-5%
TP1 716$
TP2 656$
Follow me for more ideas.
Thanks,
V.
Note
I see a triangle here but also it can be head and shoulders pattern.Note
correction on SPY. Expect this short on TESLA will be niiiiceeeeTrade closed: target reached
+17% on this trade. TP has done. If u stay - use a small SL for the position.
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.