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Tr8dingN3rd
Apr 6, 2022 7:50 AM

TSLA - TESLA Run - GAP - CRAP Pattern Short

Tesla, Inc.NASDAQ

Description

This seems too obvious to be true.
But the facts are the facts.

Besides the Run-Gap-Crap pattern, there is much more to recognize:

Watch the grey up-sloping pitchfork:
Price ran above the CL and now is pulling back, even closed below. This is a clear short signal. And it's in line with the yellow Mini-Pitchfork's CL too.

Another tool I use often are the sloping A/R lines, also in grey. I use them for timing, and even they intersect the confluence point at the pitchforks CL and the yellow downloading Trend line.

And even oscillators are telling their story too.

LEAP options are my favorite instrument in this case to play this move.

Comment

Maybe after earnings, TSLA will come down to it's real value...oh...that would be around $500 ;-))

Comment

Textbook, isn't it? ;-)


Comment

It's going and going and...

Comment

Kinda Christmas during the year?
If you don't made money from this, I'l slap you §8-)

Watch when it reaches the L-MLH:

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