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ProjectSyndicate
Jul 14, 2020 9:42 AM

TSLA D1: Dark cloud cover / limited upside / correction(STOCKS) Short

Tesla, Inc.NASDAQ

Description

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TSLA D1: Dark cloud cover / limited upside / correction(STOCKS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: TSLA daily chart review and outlook
::: last daily candle called dark cloud cover
::: strong bearish setup
::: we are likely setting up for correction now
::: upside is very limited
::: 900 USD strong horizontal support level
::: and also previous breakout level
::: chances are we are gearing up for re-test of 900USD
::: don't get caught on the wrong side of this traders
::: good luck!
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
Comments
RafaelZioni
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still look bullish in my eyes.
confidentBus37339
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@RafaelZioni, indeed. Bullish for a while. 7/22 will spike again; followed by 9/22 spike.
commander-in-chief
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going up to weekly 2.618 fib of 1970 then expecting a correction
Bartdeking
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@commander-in-chief, exactly that. I dont want to be overbullsh but fib level not reached yet
Taytas
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still going up
Phi-Deltalytics
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Nice heads-up!
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