Technician
Short

Tesla: Potential Bearish Reversal

BATS:TSLA   TESLA, INC
720 10 3
The recent parabolic run in price may have come to an end, as major technical weakness, reversal signals alarming for a potential top.

-A classic trend line break
-A classic head and shoulders reversal
-50-days SMA break
-Bearish momentum
-First Bollinger bands break since February

Add to that, the bubbly behavior of the shares in the past few months

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Watch Out

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alex.a Technician
What a great ~ So fast ~
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Yeah ;)
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Technician Technician
~So Fast Drop~
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Technician Technician
You missed the word "drop"
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Agree and opening short position. Will see what tomorrow brigs.
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yeah, the chart looks very bear, and need to take look its earning next Tuesday.
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yeah, the chart looks very bear, and need to take look its earning next Tuesday.
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