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VasilyTrader
Dec 18, 2018 7:42 AM

tesla looks weak Short

Tesla, Inc.NASDAQ

Description



hey traders,

on tesla again the market was approaching 380 level,
and again, we see how the bulls become exhausted being closer to this level.
after almost touching this 380 level 7th of december the market pulled back to 355.
The next attempt to break 380 was idle.

Establishing a double top and clearly violated a level of structure under it gives us a clear bearish signal.

I consider 330 to be the initial target.(bit higher than that)
The second above 310.

Stop above 380!

good luck!

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Comment

almost hit the initial target

Comment

hit the initial target

Trade closed: target reached

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