One of our most talked about and traded stocks has just given us yet another sign that it may be a stock in play again. Tesla (TSLA) has been giving us setup after setup lately, and today we may have another opportunity to trade this highly liquid stock.
From where I sit, this setup seems to be on the bearish side. Given the rally by the market, which has seen most stocks rise, it could be time for a pullback, for TSLA especially. In the video below, you will see why the current setup on TSLA is suggesting lower prices could be in store, at least for the short term.
Check out the video to see exactly whay my students and I are looking at that has reinforced this bearish sentiment.
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