#TSLA have repeatedly crushed "bears" in the past.
The last driver for growth was inclusion of the company in the SP500 index and subsequent purchases of the stock by index funds.
It happened on 21 December 2020 and it seems now the time to pause this growth story.
Make sense to short with $445 target and Stop at $705 which gives some 3:1 reward/risk ratio.
The last driver for growth was inclusion of the company in the SP500 index and subsequent purchases of the stock by index funds.
It happened on 21 December 2020 and it seems now the time to pause this growth story.
Make sense to short with $445 target and Stop at $705 which gives some 3:1 reward/risk ratio.
Trade closed: stop reached:
Another attempt of shorting Tesla was killed by crazy "robinhood" investors ))