Tesla - Ready for a drop Short

Tesla, Inc.NASDAQ

Description

⋅ Oct 18, 2021 6:49 PM

RSI indicator showing that TSLA is overbought on the 4H chart. We see a retracement to $720 or $640.

For educational purposes only.

Comments

MizzouChemRxn

⋅ Oct 18, 2021 9:14 PM

I hope so, I bought 820 puts for next Friday. Looking to see at least 815 by Friday this week.

BlueDimeInvestment

⋅ Oct 18, 2021 9:40 PM

@MizzouChemRxn, Weekly options are most profitable but also very dangerous if price action does not follow your chart in mind. Please hedge your strategy.

MizzouChemRxn

⋅ Oct 18, 2021 9:52 PM

@BlueDimeInvestment, agreed, I only put in 5% of my for fun portfolio