JP_Tru

TSLA Bears with another attempt towards the downside

Short
JP_Tru Updated   
NASDAQ:TSLA   Tesla
Shorts in full effect this Friday.
Bears have taken hold and are now eyeing $280 and $256 as their next possible target now that buyers seen exhausted.
Comment:
Be mindful of a possible bounce at $280
TSLA still has a bullish structure until it is fully broken
Comment:
Once again Bullish structure has not been fully broken we also do not have any bearish confirmation.
Price will not tank expect price to bounce
Monday could be a red to green day...or chop
Comment:
That was a strong bounce of $280 expect some chop if sellers do not take charge.
Also be ready for a possible short squeeze here since shorts were not able to continue with momentum and bull structure is not yet broken
Comment:
Seller taking another crack at $280
Comment:
Buyers found @$284 we might come across a squeeze here
Trade closed: target reached:

DO YOUR OWN RESEARCH!!!

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