peterbokma

TSLA-SELL strategy

Short
NASDAQ:TSLA   Tesla
The run up of the share price is attributed to the VIX being high at the time, and this has reversed now. Also it may be battery powered :)

For now, we are above the cloud on daily chart, but the run up was a little too quick, and it feels we may have some resistance on DC and topping out is very possible.

For those interested, I suggest a SELL @ 1,010-1,020 with tight stop-loss @ $ 1,110. The profit order inside cloud $ 875 for now.

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