Shorts in full effect this Friday. Bears have taken hold and are now eyeing $280 and $256 as their next possible target now that buyers seen exhausted.
Note
Be mindful of a possible bounce at $280 TSLA still has a bullish structure until it is fully broken
Note
Once again Bullish structure has not been fully broken we also do not have any bearish confirmation. Price will not tank expect price to bounce Monday could be a red to green day...or chop
Note
That was a strong bounce of $280 expect some chop if sellers do not take charge. Also be ready for a possible short squeeze here since shorts were not able to continue with momentum and bull structure is not yet broken
Note
Seller taking another crack at $280
Note
Buyers found @$284 we might come across a squeeze here
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.