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Tesla
Short

TESLA Bearish Scenario.

171
Tesla share price is still trading into a bearish consolidation pattern. The neckline of the bull trend, now an important resistance, has rejected again the bulls. This suggests that the scenario previously depicted still stands. A current entry short at around $345 with a stop in $364 seems like a good risk-reward strategy.

Good luck fellow traders
smcjg
Also on:
Chart PatternsteslateslamotorsTrend Analysis

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Chart PatternsteslateslamotorsTrend Analysis
smcjg
Also on:

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.