pipmountain
Short

TSLA Recent Daily Support Broken -

NASDAQ:TSLA   TESLA INC
Yes, I know I'm late to the party yet its worth noting in the trade journal that the recent daily support level of TSLA has been broken.

Price B/O and Pulled back to structure giving the attentive conservative trade the opportunity to get in on the action where the aggressive entry was missed!

This technical picture is opening the prospect of further bearish momentum to follow!
RSI is insanely oversold. Currently around 22? Last time it reached near this level (18) TSLA retraced 92.8% . On top of that, so much bearish sentiment surrounding the stock, long term holders selling their shares, majority of retail short...quite the formula for a squeeze.

Be careful shorting here.
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london55555 MrMarketMaker
@MrMarketMaker, @dRends35 Look at this call and comment with TSLA much higher.
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