Browse Stacks: Patterns: Gaps: TSLA_Daily_May182015.jpg
TSLA_Daily_May182015.jpg
Time to begin looking at longer term TSLA short opportunities.
1. We have a 61.8% retracement from the all-time high to March 27th low
2. We have this small, unfilled gap down area from Nov. 18-19 that is near-term resistance
3. We have Consumer Reports saying it can't open the doors on new TSLA car.
4. TSLA nearly $39 above its 50-day SMA, so potential reversion trade
5. It's TSLA, do you really need another reason to short?
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