My mind has not changed for the medium-term direction for TSLA. The current price 1025.00/share is way above the BB and it is kind of a break away GAP. The RSI is extremely high 80.9 (even though we had higher). We further have a case of negative divergence whereby the previous high is much lower than current, whilst the RSI was higher previously compared to now.
The strategy is same sell in current and add to the already short positions at lower levels, but bear leveraging in mind. Play it safe, but the medium term reward could be large. Always manage positions in such dramatic moving markets.
The strategy is same sell in current and add to the already short positions at lower levels, but bear leveraging in mind. Play it safe, but the medium term reward could be large. Always manage positions in such dramatic moving markets.