Tesla
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Risky play, TSLA in a downtrend

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The trend is your friend.

Tesla looks like it's continuing the downtrend, As much as I admire Musk and his vision, stock price is severely overvalued and needs to regress to mean.

Every bounce towards the upper trendline is an opportunity, my ideal entry is around $935-950. TP sub $700 then set trailing SL,

RSI downtrend too,.

(Not financial advice, just some logical opinions)

TSLA
Заметка
Update : Entered at $927
Fundamental AnalysisTechnical IndicatorsoverboughtTrend AnalysisTesla Motors (TSLA)tslashort

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