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Raiju_Zeke

TSLA Wyckoff distribution - will investors regain confidence?

Short
Tesla (NASDAQ:TSLA)  
Raiju_Zeke Updated   
NASDAQ:TSLA   Tesla
Trend Analysis Harmonic Patterns Chart Patterns wyckoff wyckoffmethod wyckofftrading distribution
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trendanalysis harmonicpatterns chartpattern wyckoff wyckoffmethod wyckofftrading distribution
Even before the tragic news which caused a mass sell-off, price action already exhibiting simplified similarity to schematics of Wyckoff distribution. Bulls rallied all the way up into previous support zone until close of trading on the 5th of April. With RSI showing exhaustion and potential loss of confidence following the April fools tweet from Elon Musk this throwback presents short opportunity.
Comment:
Bummer if you're a bull

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