TSLA Crown Reversal Correction / 3 drives to low pattern

17 Ağu 2022

Tsla had a whipsaw of moves today and ran while the market sold off. I saw the inverse H& S early and set Target Price to $925-927 (.786) This will be final Leg down, creating a "3 Drives to a low Correction into continuation pattern"
My target is $895

Pattern invalid if we break above and close above 928

***CROWN Reversal pattern on 2 minute is happening right now 2:30 pm

Good Luck

17 Ağu 2022

İşlem aktif

if Shorting, Set Stop Loss above 928 if Stock Market is feeling euphoric, then pattern is canceled

17 Ağu 2022

Not

entering previous support in the 908 area - you can take a $20 profit or move your stop loss to $918 which guarantees $10 per share profit

Good Luck

17 Ağu 2022

Not

I advise not to hold Shorts overnight - TSLA is capable of Gaping up tomorrow and can trap you into a losing position