TSLA SHORT to $678 - Around March 23rd?

4 Mar 2022

Tsla trends are looking like a drop is coming in the next few weeks. With the news and the bounce back from the news, I wouldn't be surprised to see more downside in the future.

The good news, is RSI on the D and 4h charts are on the high side, the W and M are on the low side, so we may see some major support take over and lead the price up and over $1000 again before we see anther decent drop.

If it does bounce off $678, maybe $673 on the low side, and starts to confirm $700, we might see that move to the upside.

I'm thinking short on Monday or Tuesday of next week, and see how low it can go, I'd look to enter around that $674-$679 price, and ride the wave up to $707 or so, and see if we hold $700, which could allow for a push up to $902.

7 Mar 2022

Not

Update: TRY not to catch a falling knife, it will usually lead to some red in your portfolio. The gap at $420 is big, and it could lead to more downside, so I'd wait for conformation on the turn around.

14 Mar 2022

Not

Time to see how far this drop takes us