Tesla
Short
Updated

bearish rounding top on Tesla forming , short setup

797
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
Note
technology building bullish base..
 technology with bullish base needs to clear $130 to test C leg
Note
technology is bullish, take a look at the 3x leverage etf tecl, bullish cypher, needs to get over b leg
snapshot

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