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.
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:
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.
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.
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!