TSLA - Short entry opportunity

١٢ يونيو ٢٠٢٠

Filled gap from 970$ to 950$ today. Recent TSLA rally loosing steam - aided by TSLA downgrade from formerly bullish analysts to underweight and overall market loosing momentum. Retest of lower line (blue line) of uprising channel likely, look for breakdown below. Confirmation by a retest of the lower line (blue line) of the rising channel form below -> could provide great short entry spot. Very extended from 200 sMA aswell.