ainouss

Tesla stock analysis

Short
ainouss Updated   
NASDAQ:TSLA   Tesla
Elonmusk has caused a huge drop in his firm's stock, I am expecting that to go for at least Monday.
1) there is a huge engulfing bearish candlestick, which was confirmed by another big one, as prices did reach the down level of supports, candlestick didn't shrink, which confirms there is still some momentum in the down move.
2) MACD is about to cross, confirming the change in momentum
Trade closed: stop reached:
I was wrong on this.

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