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noam_chom

Tesla smacks into resistance

Short
Tesla (NASDAQ:TSLA)  
noam_chom Updated   
NASDAQ:TSLA   Tesla
Trend Analysis Wave Analysis Beyond Technical Analysis Tesla Motors (TSLA) tesla teslamotors transportation technology futuristic automation AI
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trendanalysis waveanalysis beyondta tsla tesla teslamotors transportation technology futuristic automation ai
look for a 30 day bleed out - deflating bull volume - rising wedge - Diamond Top structure - cheap oil/gas - market uncertainty and EoY selloff
Comment:
abandon baby on the 1W - star in the sky doji - sparing a Christmas Miracle this is coming back down to sub $300
Comment:
broke above the resistance line - still at risk to leave a shooting star up there... volume remains weak so any price gains are precarious
Trade active:
paired shooting stars up there - short positions opened above 370 will be easy money through to EoY
Trade active:
hold onto the shorts, close at $260
Comment:
closed shorts
going long on $245
Comment:
waited out the position entry - 196

Long to $320
Comment:
long from 196 to 303, interim stops for profit 233, 265
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