PhanTichStock_com

TSLA - Long now to $432, then Short to $273 after Battery Day

Short
PhanTichStock_com Updated   
NASDAQ:TSLA   Tesla
I'm waiting for a good entry $430 or $460 to Short TSLA after Battery Day Sep 22, 2020.
I believe TSLA will rise on Monday and Tuesday (Sep 14 and Sep 15).
It will easily break through the weak resistance zone $400 - $415 and continue sideways up to $432.
Most likely, TSLA will hit resistance at $460 (That new top is still lower than ATH price) before entering a strong bearish trend on the Daily and Weekly frame.
Disclaimer.
Comment:
When everyone gets excited on the first Monday of next week. Coupled with good news from Battery Day - Sep 22nd, 2020 this could give the bulls more power. The price of TSLA can climb to the top of the ATH $500 and form a double top pattern, then drop.

The bears will come, when they see the profit-taking smell of TSLA traders, who have stuck with TSLA before split share and who bought TSLA at the $3xx price zone. I bet a falling wave will pop up.

I predict that TSLA price will go up to $500 or more on Monday and Tuesday. After event TSLA could drop to $460, $430 and $400. The $400 zone as Psychology of Support. If break $400, TSLA could fall to $350, then $270 in the next few weeks.

Do not forget what happened to AAPL after iPhone 12 bad news.
Disclaimer and Good luck guys!
Comment:
Battery Day kicked off, despite a lot of goodnews but the price still drop.
Now TSLA after market is $395.
So, what's next guys?
I think TSLA could close the weekly candle at $370 zone. Even, it could rise up to $500.

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