Tesla
Short

TESLA - Time for a correction period

Time for a Tesla Correction, reasons:
  • Hit first target (drawn when Tesla was at 280.-)
  • Weekly Hammer Candle
  • Followed by a Weekly Doji Candle
  • TD 9 in Weekly Chart


Buy Zone appx. 450-500$:
  • Old Channel Resistance
  • 0.382 Fibonacci
  • 50 ema
Candlestick AnalysisTechnical IndicatorsParallel ChannelteslateslaanalysisteslachartteslacorrectionteslamotorsteslasellteslashortteslastockTesla Motors (TSLA)

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