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SnowflakeTrader
Dec 20, 2023 8:00 PM

TSLA Showing Distribution pattern Short

Tesla, Inc.NASDAQ

Description

Watch out for Buying at the tops, that promptly follows with selling.
We are going to correct the S&P500 and other indices so be careful if you are long TSLA
* UMVD is red and so is Market strength indicator. Prices are stuck under Red TrapZone*

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UMVD gave the early Sell Off signal

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Price is below Red TrapZone

Trade closed: target reached

Will start a Neutral Bias Thread for continuous analysis of this symbol - rather than long and short Ideas. Thank you for your support, follow to get live alerts of latest Technical Analysis.
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