Great setup, but will wait for confirmation. TSLA could get squeezed again, who knows.
TSLA looks bearish on all time frames. Looking for a short entry in the morning after it breaks out of pennant to the downside and I have confirmation.
ENTRY - $430.60
$430.60 is a strong area of support/resistance so this will likely serve as my entry depending on price action. Hoping to see us break $430.60 with volume.
TARGET 1 - $400
TARGET 2 - $394
STOP - $447.37
TSLA looks bearish on all time frames. Looking for a short entry in the morning after it breaks out of pennant to the downside and I have confirmation.
ENTRY - $430.60
$430.60 is a strong area of support/resistance so this will likely serve as my entry depending on price action. Hoping to see us break $430.60 with volume.
TARGET 1 - $400
TARGET 2 - $394
STOP - $447.37