High shorting volume, breaching 52 w high, short-sellers are holding in pain. Potential rise due to short squeezing. I'd recommend bears to get out before it goes apeshit, or at least be prepared for loss cut. It can be a good opportunity for bulls to get in. Good luck trading.
Despite the recent pullback and negative news, tesla still hold a resistant line with higher lows on daily/hourly chart. There's a potential for a continuous bullish trend. Even though there's indeed a potential downfall. I'm personally inclined to stay bullish but make your own judgment. Good luck trading.
At a beautiful uptrend tunnel for both hourly and daily chart, currently at the bottom of the tunnel so could be a good chance for long. There's a risk for down break but don't see any reason from fundamentals to support it. NYSE:BABA
