Shorting Tesla Until 203 (4H sell signals)

Insync Index showing a bounce off the 4 hour 75 line signaling bearish . The 4 Hour Stoch RSI is sloping downward after peaking at 100. Macd crossed downward and i drew lines for its future macd and MA lines. My prediction for TSLA             price is drawn on the candlestick chart, im under the assumption that the recent 10% spike needs a little profit taking and some indicators need reset. Bearish on TSLA             for the next 2-3 days, hoping to see it bounce off 203. If that were to happen of course id buy in long.
In addition, the stock is out of the cloud on the up side on a daily basis and that is a bullish indicator.
on the space X, a failure is expected, but a success adds to Elon's Rock Star status.
Also there is good correlation with oil (USO) for tesla, Crude has been on a uptrend and out of recent downtrend also.
So there are a combination of things going on and this stock can move to the up on downside on a dime.
I want aware of a large correlation between space x and tesla. When a launch was a failure did Tesla stock plummet? Most of the trading I do involves leverage and miniscule fees a 7 dollar drop ( I shorted 210.4 ) is enough to take profit off of, but space x was something I hadn't considered
If you think this is temporary may not be a good idea to short for a couple of bucks and a day or two. If the Space X launch is successful this may take off big.
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