Short TSLA $1026.96. TSLA failed to break out last high of $1200 area. Price rejection at 50 SMA [green dashed line]. Short target of $900 is in play now marked in red dashed line. Expect $1100 area to play resistance in coming days in case price bounced off of $900 area. Breaking support of $900 can take stock down to $750 area where it was trading before break out. Setup is invalid if price breaks above $1100 area and stays there on daily close for few days in row. Earning expectation/news will also play part in price action and invalidating this setup.
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Going as per plan. Let's wait and watch
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TSLA trading below $900 mentioned level. I believe more down side coming. Will publish new chart soon.