Technician
Short

Tesla: Potential Bearish Reversal

BATS:TSLA   TESLA MTRS INC
717 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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profitmaker999
3 years ago
yeah, the chart looks very bear, and need to take look its earning next Tuesday.
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Agree and opening short position. Will see what tomorrow brigs.
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Watch Out

snapshot
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alex.a Technician
3 years ago
What a great ~ So fast ~
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Technician TOP alex.a
3 years ago
Yeah ;)
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Technician TOP Technician
3 years ago
~So Fast Drop~
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Technician TOP Technician
3 years ago
You missed the word "drop"
Reply
snapshot
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Lesson of the day: " Do not be a jerk" you will get punished quickly :)
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