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Acitsilos
Feb 28, 2023 4:03 AM

TSLA Short Analysis Short

Tesla, Inc.NASDAQ

Description

Planning around the likelihood of a lower high followed by a lower low.
Position will begin to be scaled in once price is in the highlighted box.

Invalidated and exited if price extends to the stop level, otherwise left to mature.

Wish me luck!

Trade active

Trade finally opened, short @ 251.50.
(Not Financial Advice)

Trade closed: stop reached

Can't always win ;)
Comments
Daylonne
Interesting. I believe TSLA has had a good run and needs to correct a bit more. I also wonder if the inventory levels are starting to outpace the demand based on price point and could result in lower quarterly results. I am think it'll run up to Investor Day tomorrow then maybe a little more and start to correct down after. Yours seems like a longer play than what I am thinking :)
BostonStrong401
right shoulder is usually higher than the left
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