TSLA has been absolutely destroyed over the past month breaking support structure much faster than I personally expected.
I have a feeling we may be seeing the possibility of a dead cat bounce from this position. We are extremely oversold and the idea of shorting TSLA has become mainstream on the famous WallstreetBets.
I think that we are a bit too sold off prior to earnings and that there will be some buying just to hedge the possibility of a strong beat.
Longterm I am still bearish on TSLA but nothing goes straight down and I expect a better short position to show itself after a slight reverse rally.
Happy New Year :)
I have a feeling we may be seeing the possibility of a dead cat bounce from this position. We are extremely oversold and the idea of shorting TSLA has become mainstream on the famous WallstreetBets.
I think that we are a bit too sold off prior to earnings and that there will be some buying just to hedge the possibility of a strong beat.
Longterm I am still bearish on TSLA but nothing goes straight down and I expect a better short position to show itself after a slight reverse rally.
Happy New Year :)
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.