Winallday310

TSLA | 1 Day | Short Opportunity | 10% Gap

Short
NASDAQ:TSLA   Tesla
Why subscribe to my post and follow me?
  • I'll only provide excellent opportunities that you have a hedge; this means a good risk and reward ratio
I have a BA in finance and a good understanding of microeconomics
I have five years in Technical Analysis, I love reading charts and won't provide you with shitty charts or different indicators every time
I'll provide you with realistic targets and exits for a safe trade

I'll consider this trade a risky one, but if you're right, the risk and reward ratio will be very high.

1. Today TSLA open with a 10% gap, the rule is that all gaps must be filled expectations are gaps with huge volume.
The market has to allow all buyers to come in at a certain price. Otherwise, the market will manipulate all the time
2. TSLA is getting brought by FOMO and emotions If the cases continue to go up. Companies will lay off more workers and make more people
work from home, reducing the sale of cars.
3. TSLA is overextended by 20% from the 20 EMA.
4. The safest trade is to have an $1100 put, and you can hedge against it with a $1300 call.

Trade safe and do your own DD
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