NASDAQ:TSLA   TESLA MTRS INC
197 6 4
wedge
timwest PRO
2 years ago
Could you add the ratio of TSLA/SPY to the chart and confirm when it starts to underperform. It looks to me like the shorts are trapped and they are trying to buy back their stock unsuccessfully so far. So, I'd agree if TSLA underperforms the market and it breaks that trendline. Thanks for pointing it out!
+1 Reply
nobullshytraderfa timwest
2 years ago
there's a major accumulation divergence on the 1hr as well vs stock performance. the market algoz are proppin her up 2day only
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timwest PRO nobullshytraderfa
2 years ago
I doubt TSLA is in an market prop algo's. TSLA is heavily shorted and the shorts want to buy it back to cover since it didn't break on a bad earnings number. Just my impression.
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nobullshytraderfa timwest
2 years ago
of course tesla runs with the market bro, just follow the indice vs stock price for 2day
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Double Top and RSI Overbought incoming at daily
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nobullshytraderfa Fib.The.Gentleman
2 years ago
:)
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