TSLA has been extremely volatile and we see how speculation can affect the stock. I think it's time to take profit because TSLA could be re-testing the 600 level, and if it continues to break support, we can see a greater downfall. Not enough people are buying and many are selling, as we see looking at the RSI.
On 3/4 TSLA dropped $100 with people pulling out at market close
On 3/5 TSLA dropped another $130, and many shorted TSLA
On 3/6 TSLA is down $35+ in pre-market and the worst has yet to come
Let's see how today plays out. Safe trading!
On 3/4 TSLA dropped $100 with people pulling out at market close
On 3/5 TSLA dropped another $130, and many shorted TSLA
On 3/6 TSLA is down $35+ in pre-market and the worst has yet to come
Let's see how today plays out. Safe trading!
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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.