TSLA stock is getting closer to the tipping point this point is around 360$ more the 20% of stock is in short and most traders will put a stop above the highs at 390$. this could take the stock higher on short squeeze to 420 area on the other hand if price will fail to move higher traders will want to add to the short position retesting last support area at 325 if price falls below there will be a lot of stop orders and price will fall rapidly. which side are you on
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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.