Tired Tesla
Image Source: Pexels
Tesla (TSLA) has enjoyed ten “up” days in a row, which is extraordinarily rare. It has achieved many breakthroughs on the chart, but seriously, I think it has to have some time to digest these gains and backpedal some.
This is just too high, too fast. I think there’s about $47 of risk here.
(Click on image to enlarge)
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I tilt to the bearish side. Slope of Hope is not, and has never been, a provider of investment advice. So I take absolutely no responsibility for the losses – – or any credit ...
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