We should expect Tesla to drop below $630 to re-test resistance. It could possibly near $600. I currently own a $600 put for Friday and I am up 14%. Looking to sell out with a modest profit.
With support nearing $600 a share, and candles indicating a downward swing, I am confident in my position.
Also MACD shows increase in bearish momentum.
Comment your thoughts below.
With support nearing $600 a share, and candles indicating a downward swing, I am confident in my position.
Also MACD shows increase in bearish momentum.
Comment your thoughts below.