TeslaShort
TSLA - Mixed Sentiment; Bias Downside.
This may not be the type of post that satisfies everyone's thoughts and outlooks; however, lets get with it. Current price of this post is 144.15
There are many moving parts for TSLA, but what matters the most is not what we think; moreover, how the markets react. With that being said, we could see the following moves.
Upside:
first point touch 152
range 160 - 165
Downside:
first point touch 114
range 119 - 123
Granted those may seem like large movements, then again, we're talking TSLA.
My bias on TSLA is the market will wind-up to the downside, even if the stock spikes to the upside initially. And, I believe TSLA will be resting the 2023 lows before the end of February.
Therefore, if TSLA spikes and remains, look for TSLA back below the 152.
There are many moving parts for TSLA, but what matters the most is not what we think; moreover, how the markets react. With that being said, we could see the following moves.
Upside:
first point touch 152
range 160 - 165
Downside:
first point touch 114
range 119 - 123
Granted those may seem like large movements, then again, we're talking TSLA.
My bias on TSLA is the market will wind-up to the downside, even if the stock spikes to the upside initially. And, I believe TSLA will be resting the 2023 lows before the end of February.
Therefore, if TSLA spikes and remains, look for TSLA back below the 152.
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.