TSLA - SHORT target $330 Short

Tesla, Inc.NASDAQ

Description

⋅ Apr 13, 2020 7:08 PM

CHART: TSLA has retraced to the 50% level @ $650 with the overall market beginning a declining wave. Expectation is a return to lows for TSLA.

FUNDAMENTAL: Demand and deliveries have cut in half. Projections of economic recovery are progressing further into the future.

TARGET: $330

Chart Patterns

Comments

epicscoreeu

⋅ Apr 13, 2020 7:18 PM

you cant say target is 330 thats your dream scenario, target more like 450 possible high 300s

veritasBS

⋅ Apr 13, 2020 7:26 PM

@epicscoreeu, $330 has nothing to do with dreaming. $330 is the only solid support area from the 2019-2020 run up. It was last $330 in DECEMBER of 2019 only 4-5 months ago. Thats without COVID19 shutdown happening. What is dreaming is the idea that this stock is fairly valued at $450.