short idea on weekly and daily analysis

23 May 2024

Tesla making lower highs and lower lows on weekly and daily, sellers have come in and i expect the price to fall sharply to the target within a week, i would recommend to open 2 seperate positions, once price moves 50% move stops 50% to reduce risk and possibly close 1 position depending on how daily candles close, once 1 position has closed then move stoploss to breakeven for a risk free trade