Recession is on the cards. China is locked down due to covid. TSLA earnings gonna take a pitfall because of it. -25% highly probable in next 3 months.
But before that,
- the current support around 620$ needs to be broken,
- move to 550$ and a retest of 620$ resistance. SL is confirming above 620$ level.
- If above two conditions are satisfied, it's a green flag to short TSLA.
- Finally on its way towards 470$.
But before that,
- the current support around 620$ needs to be broken,
- move to 550$ and a retest of 620$ resistance. SL is confirming above 620$ level.
- If above two conditions are satisfied, it's a green flag to short TSLA.
- Finally on its way towards 470$.