Icemoney666

Tesla - short idea. Start of corrections?

Short
Icemoney666 Updated   
NASDAQ:TSLA   Tesla
Hi guys, I see the short idea on TSLA

π™π™šπ™–π™¨π™€π™£π™¨:

πŸ“‰ Now, the price is on support 196$ LVL, and looks like we are ready for a correction.
πŸ“‰ Tesla reported Q4 FY 2020 adjusted EPS that missed analyst expectations by a wide margin.
πŸ“‰ The price has gone too far from 200MA on Day chart.

Short 795$

SL 4-5%
TP1 716$
TP2 656$


Follow me for more ideas.


Thanks,
V.
Comment:
I see a triangle here but also it can be head and shoulders pattern.
Comment:
correction on SPY. Expect this short on TESLA will be niiiiceeee
Trade closed: target reached:
+17% on this trade. TP has done. If u stay - use a small SL for the position.

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