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ScottBogatin
Apr 9, 2024 12:57 PM

ASLA 

Tesla, Inc.NASDAQ

Description

4.9.24 I thought it might be good to talk about Tesla because it is a bearish stock that may be fighting a reversal here for a long buy... most likely a scalp, And I wanted to show the thinking behind that. It could also be a short trade And I wanted to show the thinking behind that with the caveat that we are talking about buyers and sellers on any trade that we take and if you decide to be a buyer you are looking for a different trade location and vice versa for a short trade. For this example there really isn't a big difference because the market is a contracted market with relatively small distance between the buyers and the sellers.
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