Tesla started the month well, but lost momentum with a whale taking a lot of short calls.
So what does that mean for tesla? My current trade is to go short for the current week, my price target is at 250. The trend is undecided at the moment. My previous trade came to my target short. and thankfully the trade closed before the price went up.
But with current economic news, energy prices, china economic views, global security issues, and the push towards clean hydrogen, TSLA is still a current short for me.