Tesla Short

My take on a friends position, I'm not trading Tesla myself at this point. Failed test of $250 resistance level , dropping volume , Overall still bearish on weekly, MACD dropping with probable bear cross. RSI close to oversold. Lots of bad news today on Tesla as well with court decisions, and production issues. next run would be the 25th of October if they have better earnings . Very poor financials

Trade closed: stop reached


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