1.The company is clearly overvalued to a certain extent.
2. A lot of short interest on this ticker.
3. The momentum is very high.
Given the above three reasons plus Elliott wave analysis, A fake break out wave B is the most likely scenario for TSLA.
The market's job is to screw up as many people as possible, both long and short.
Sit tight and watch it happens.
2. A lot of short interest on this ticker.
3. The momentum is very high.
Given the above three reasons plus Elliott wave analysis, A fake break out wave B is the most likely scenario for TSLA.
The market's job is to screw up as many people as possible, both long and short.
Sit tight and watch it happens.
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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.