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Icemoney666
Feb 17, 2021 6:17 AM

Tesla - short idea. Start of corrections? Short

Tesla, Inc.NASDAQ

Description

Hi guys, I see the short idea on TSLA

𝙍𝙚𝙖𝙨𝙤𝙣𝙨:

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

Short 795$

SL 4-5%
TP1 716$
TP2 656$


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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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