tacosaurus

TSLA heavily overbought again, target 1900 early next week

Short
tacosaurus Updated   
NASDAQ:TSLA   Tesla
it's been a fun ride. I'm expecting a close at 2000 and touch of 1900 next week. if this occurs, we will have a head-and-shoulder formation which could drop it further to 1700 before the end of the week. yes, I know there is a split for aug 31. buying aug 28 1900 puts to speculate on this.
Trade closed manually:
taking the gains here; i think there is potentially more downside still but nobody ever got poor taking profits.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.