It is my believe that TSLA is going to drop around 10% to a price of $1800 +/-20.
This is due to the bearish signal that is being generated today by the RSI (14 days ) which is clearly developing a bearish divergence and by the bearish candle formation that has been drawn in the last 3 days.
My intention is to open a short position and set a TGT1 around $1850 and observe the price action then I will place a SL around 2065.
This is due to the bearish signal that is being generated today by the RSI (14 days ) which is clearly developing a bearish divergence and by the bearish candle formation that has been drawn in the last 3 days.
My intention is to open a short position and set a TGT1 around $1850 and observe the price action then I will place a SL around 2065.