TSLA Short (2024.02.20) Current price : 199.95
It shows that technical indicators are very overheated
Although there has been some adjustment, it is very likely that it will go down further.
It is worth aiming for a profit of at least 2%
I think the greater market influences are starting to take control and we are seeing this rally start to break down.
My price target for TSLA has always been roughly $60 - $90 and I have not seen a reason yet to change that.
The AI/TECH mania we have been witnessing is starting to lose steam and eventually those late comers are going to look
around and realise...
Set Up for Shorting:-
Short the stocks when it is at 225 with minor stoploss of 227...And Target will be for this...210...180...in next one to three months...It will be good opportunity to short!
NASDAQ:TSLA
On the 4H Chart, TSLA is at the resistance of the SEll orders @ $ 924 with a Doji Candle.
TSLA is looking to reverse the trend and head down to 860 or beyond to 720.
Terminal RSI divergence hints at the reversal as does the increasing Choppiness Index.
A stop loss set at $1.00 above today's high seems reasonable and yields a low risk
for the...
NASDAQ:TSLA
TSLA has hit heavy resistance on the 2H chart as it
came up on the heavy sell order zone and the POC of the volume profile
TSLA reacted with Doji candles demonstrating buyer versus seller push and pull dynamics
The RSI is decreasing with a rise in price showing divergence and suggesting
TSLA is about to roll over. The Choppiness Indicator is...
Short Tsla at current levels, with a target of $291!
Broke fib level and has been consolidating right below it.
Next downside target $291!
Stop loss at $320
Happy Trading
Lindosskier
