ridderjoris

Higher high followed by a +200$ fall and some recovery after

Short
NASDAQ:TSLA   Tesla
I wanted to share my first trading idea. It is a bit messy because it is my first time I do this.

Summary of my idea (in chronological order):
  • Hidden divergence might imply a higher high
  • If there is a higher high I will look for bearish divergence
  • If there is bearish divergence I expect that the price will fall
  • If the price will fall +200$ there will be a bullish bat on the chart which will indicate some recovery
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