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ProfitHarvest
May 18, 2020 10:12 PM

[TSLA] Shifting to Down-Channel, Will Collapse Along with Market Short

Tesla, Inc.NASDAQ

Description

Tesla's up-channel is pretty clearly broken here. Changed from support to resistance in new channel. Great time to sell before things collapse again.

RSI down-channel is pretty strong here too.

Will resist @$700, will be a great buy around $500 or less.

I'm long, super-bull on this stock overall, just gotta get past the next market crash.

Comments
dereckcoatney
Oh yeah....I have some OTM puts on this :)
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