Browse Symbol Stacks: TSLA: 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?

Comments

Thumper517Thumper517
What is the point of item #3? Nothing technical there. 5/19/15
moneymiser21moneymiser21
Correct, nothing technical about Consumer Reports. Just a catalyst 5/20/15
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