Good moment for a Tesla SHORT Play. This is a highly speculative trade idea. so adjust risk and money management accordingly.
My reasoning:
- price is pumped by a lot of inexperienced, Robinhood traders driven by pure hype and zero fundamental reasoning - end of the month - some traders will start to take profit which could ignite bigger panic and sell-off. - US100 (Nasdaq) index traders will also lock in profits or look for short opportunities. - Tesla broke out of parallel channel