TSLA short reentry opportunity

Seems to be a 50%retracement of the 3rd elliot wave . It is also a level of previous support and resistance (the red line). The red rectangle is an area of possible resistance (calculated with multiple fib retracements and projections) place stops above it. Only thing thats making me a bit less confident about this trade is the fact that we broke out of the downwards sloping channel. Goodluck
Perfect trade! More coming up soon :D
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