TSLA Trends Analysis

٢٣ يوليو ٢٠٢١

TSLA is currently in a bearish trend, hitting same support lines with lower and lower highs, and the nearest strong support being 622-625 range. I am going to be playing puts(naked) which are risky, but I am pretty confident of the down-trend. With China going against Tesla and the current chip shortages, there could be a smooth decline downwards.