EliteTrader101

TSLA short squeeze

Short
NASDAQ:TSLA   Tesla
Look at the massive amount of selling pressure compared to the buying. The trend lines are getting steeper which means price is accelerating downwards and will breakout and trigger a cascade of selling as each level of stops are hit. Today's rejection of fair value means a drop to bottom edge or lower. The huge amount of buyers will become sellers soon as they all exit their longs on the failed rotation to higher prices. My target is $150 .
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