TSLA Short; Weekly Close under Heffae Clouds - MTF Analysis
Updated
TSLA is closing underneath the Weekly Cloud bottom for the first time since inception.
I believe this means more than consolidation, as the path-fitting has given extremely valid signals on bottoms running up the Monthly so far.
This is an extremely strong signal given the prior path validity and being a longer time frame in agreement with repeated signals from shorter timeframes on Heffae Clouds.
The Monthly provides a target for closing short at 217:
Hybrid Timeframe is showing resistance at 285.
Ideal Entry: 295-300
Target: 218
I believe this means more than consolidation, as the path-fitting has given extremely valid signals on bottoms running up the Monthly so far.
This is an extremely strong signal given the prior path validity and being a longer time frame in agreement with repeated signals from shorter timeframes on Heffae Clouds.
The Monthly provides a target for closing short at 217:
Hybrid Timeframe is showing resistance at 285.
Ideal Entry: 295-300
Target: 218
Comment
Comment
Short entry filled at 312:
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