TraderMD

TSLA Testing the limits

Short
NASDAQ:TSLA   Tesla
0
Unfortunately although I am short I don't think its the time to be short yet. I am expecting some consolidations followed by a pop up to the resistances level 271 if good news come out before earnings announcement. Unless earning announcement becomes the catalyst for an upward push. Whatever the catalyst I would be short between price levels 287 to 270 price range. Straddle strategy would be ideal depending if price levels describe above are reached before earnings.
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