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ArmaanOG
Feb 17, 2021 3:30 PM

$TSLA Double TOP Very Bearish. 600s inbound. 1 hour chart. Short

Tesla, Inc.NASDAQ

Description

This is to go off my 1 Day chart. Bounced off the 760 range and ran up and now looking like will bounce off those red lines and continue to correct back to mid 600s.

Should be good to go by March! Tesla long term is still Bullish! Short term is Deffinitely Bearish.

Good luck. Load some puts and ride some short calls on the bounce off supports.

Trade closed: target reached

Target has been reached! Exactly where I thought it would end up, it ended up! lets go!

Comment

500s are here and its beautiful!
Comments
StairsTrades
If TSLA trends down, using measured moves and chart symmetry, I think it should find support and bounce around 650.
ArmaanOG
@StairsTrades, Thank you! I feel same way!
StairsTrades
Good clear chart ! thanks for sharing !
ArmaanOG
@StairsTrades, Thank you! I am sorry for late response! We are looking to correct a little more next week! WIll create a new chart soon!
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