SamSuka
The Long Investor
The Long Investor

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$TSLA TOP 20 UPDATE

Rejected at our important $268 level today and has come down with the market today.

I am not as optimistic about $TSLA as I am about the other stocks we talk about, simply because the chart is not clearly in either impulse or corrective wave.

If $254 is lost, the trend is favouring the downside and it will be up to the 50 Day MA at $242 to try and act as a support. Failure to hold this level and we will see a move down to $224.

For now, hold off on any buys for me, I would need to see $268 regained to favour the bull case.


$TSLA TOP 20 UPDATE

Comments

I'm holding my TSLA stock but this looks like a perfect chart to buy both puts and options to make some $!

Chris H


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