Tesla hit its target on log chart from head and shoulders pattern. Also huge deviation out of down wedge channel. Tesla bulls getting margin calls, people calling for 20-50$ targets. Hundreds of bulls with tsla cash tags in their twitters selling last few days vowing to never return. Best time to buy an asset is from forced sellers. I 50% deployed at $123-130. Monthly RSI is at zero. Flipping this trade a year from now for long term cap gains advantage Not advise, good luck.
Comment:
if you think tesla is going to fail then you think electric vehicles, satellites, rockets and efficient batteries are going to fail. not a +EV trade