lena_vf

TSLA Long

Long
NASDAQ:TSLA   Tesla
William Alligator: the stock is in a bearish position because the candlesticks are under the Teeth, Lips and Jaw.

MACD: the line is under the signal line, this is a bearish confirmation. Moreover, the red vertical bars indicate that the price is decreasing.

ADX: the line is at 54.23, so the stock is in a strong downtrend.

Candlestick patterns: there are three black crows which are a bearish confirmation.

Overall: it can be interesting to take a sell position on this stock because all indicator indicates that the price is decreasing and will continue like that. Moreover, the stock is in a strong downtrend. Entry price is lower than the current price for assurance, stop loss is set at -5%.
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