MaryJane
Short

Tesla - clear Trading-Marks

NASDAQ:TSLA   TESLA MTRS INC
123 2 9
Since 2014 Tesla             is trading in between a Trading-Box. The Box reaches from 183-270$.
The last weeks we have reached the upper edge of the box. This is a nice Level to short Tesla             . SL should be above the box`s upper edge. Target is the bottom edge of the Box. The bottom of the edge is furhermore corresponding to the 38,2 fibo (28-292) - this should be a strong Support.
Clear Trading-Levels are the box`s edges. Above the Box Long, Below the Box: Short it :-)
In the Chart i illustrate a possible shortposition - TP1 is the trendchanel @ 210 TP2 183

Good trades!

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MaryJane
a year ago
selloff stopped exactly @ 38,2 fibo
snapshot
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dewpoint PRO
4 months ago
Hi MaryJane, Good call on this, i had been looking at Tesla last year when it was around 225, had taken a test drive, but thought that it might have some room to go, as the sales person had just bought in around that level, he even said that it should go to 295. Didn't know too much about tesla in terms of the trading it. Thanks again
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