Tesla is currently facing a high level of volatility, now we can see that is respecting a descending channel forming new lower highs and lower lows. The current price (1090) represents a good position to enter for a sell, whit a tight stop loss above the new lower high formed (1130) and a take profit at the support zone (880).
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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.