currently in a 4th way up , however there is a bear flag forming I see. Tesla needs to get over $215, to possibly invalidate the bearish sentiment. Even still, it would also have to breakout above trendline resistances near 220-225. That might be a difficult task. There is also B leg of the previous cypher pattern, that will act as a resistances for wave 5. I'm looking for a short entry above $215.00, if price action fails to get above this level. I'm looking for a quick breakdown below $200... Monitoring for short set up
Trade closed manually
I dont like the fact that Jim Crammer is mention this stock.. "Jim cramer say, Tesla has the worst chart of a stock he has ever seen" Say less Jim, closing my short position I was reevaluate later
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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.