Tesla
Short

Tesla broke down it's channel

Updated
Tesla's short term uptrend has been broken and offers the opportunity for a short term short.

Might find supports at the following levels 940$ 20MA - Weak
915 Midterm trend upper limit - Strong
840$ 50MA - Weak
740$ 100MA - Strong
720$ bottom of logner term channel - Strong

If the global market detoriates further, it might go as low as 720$ at the bottom of the longer term channel.
Trade closed: target reached
Trend Analysis

Also on:

Disclaimer