TSLA: I'm long until it tops...
Updated
I have a small pilot long in 
TSLA that I entered here, but my main interest is flipping short once this signal tops. I think there's a distinct chance that TSLA breaks into new highs, triggering massuve euphoria, fertile ground for a spectacular short trade. Right now, the daily and weekly trends are up, as well as the quarterly, but, once the daily and weekly top, around 402-408, I think we might see a severe correction, and heck, maybe even a long term buy opportunity, once we cover the shorts at the bottom. Ideally, the correction might be sharp and very deep, leading to a retest of the quarterly mode support.
Best of luck,
Ivan Labrie.
Long from $362, will exit and flip short at $402-408
TSLA that I entered here, but my main interest is flipping short once this signal tops. I think there's a distinct chance that TSLA breaks into new highs, triggering massuve euphoria, fertile ground for a spectacular short trade. Right now, the daily and weekly trends are up, as well as the quarterly, but, once the daily and weekly top, around 402-408, I think we might see a severe correction, and heck, maybe even a long term buy opportunity, once we cover the shorts at the bottom. Ideally, the correction might be sharp and very deep, leading to a retest of the quarterly mode support.Best of luck,
Ivan Labrie.
Long from $362, will exit and flip short at $402-408
Comment
New highss3.amazonaws.com/tradingview/snapshots/9/9R06V2Gs.png
Comment
Following the slower path.
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.