TESLA ran into the sellers zone again Short

Tesla, Inc.NASDAQ

Description

⋅ Oct 5, 2023 9:21 AM

Yes, I'm already short TESLA.
And I want to load my boat even more.

Here's why:

1. The grey up-sloping Pendulum Fork produces a big HAGOPIAN.

2. Price get's knocked on the head, every time it trades into the Sellers Zone. (Sellers are still there).

3. Red down-sloping Fork: Price got rejected at the U-MLH.

That's it?
Yes, that's it.

If you want the very details of this analysis, I did a deep dive of TSLA this morning and posted the Video.

Let me know what you think about this trade §8-)

Comments

MyCryptoParadise_Nathan

⋅ Oct 5, 2023 4:38 PM

Your dedication to providing valuable insights is commendable. Keep It Up

AMIT-RAJAN

⋅ Oct 5, 2023 11:38 AM

Excellent analysis On Tesla !

Agree with this short publication, thanks for sharing please keep us updated

entheogen

⋅ Oct 5, 2023 10:00 AM

Agree it's a short. I'm waiting to see if it can hit overhead resistance at $300 for an entry.

Tr8dingN3rd

⋅ Oct 5, 2023 10:13 AM

Hi @entheogen,
TNX 4 your input.

Yes, it's also a great idea.
To me this would mean that price is outside the red down-sloping Forks Upper Medianline.
And that would be a sign of more strength to me = Exiting my short.
In my YT video I explain two possible scenarios for a entry, which are in line with the Ruleset of the Medianline/Forks.

Happy day entheogen & thanks again for your input.

entheogen

⋅ Oct 5, 2023 10:18 AM

I'll watch your vid 🙂

Tr8dingN3rd

⋅ Oct 5, 2023 4:46 PM

@entheogen, TNX Mate!