TSLA is done. Back down to earth
Updated
TSLA is trading in a Bullish crab pattern forming the last leg down C to D.
The market doesn't look good for growth stocks and this trash should fall back to realistic levels which makes this pattern a higher percentage trade.
I see TSLA bouncing around 281 which acted as support before stock split announcement and also the .786 retracement level.
When price enters my buy zone around 281, will look to enter long term calls building my position on each dip
I am holding TSLA puts
The market doesn't look good for growth stocks and this trash should fall back to realistic levels which makes this pattern a higher percentage trade.
I see TSLA bouncing around 281 which acted as support before stock split announcement and also the .786 retracement level.
When price enters my buy zone around 281, will look to enter long term calls building my position on each dip
I am holding TSLA puts
Trade active
For some reason the channel is off. Uploaded is the fixed channel
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.