TSLA - Short into Looming ER fueled on Bad Press Trade Idea
TSLA - With a recent RBC downgrade and earnings just around
the corner, shares have broken thru all major moving average
supports and appear to be heading towards trend line support
around the 266's. Wed, the share price bounced off historical
candlestick support at 281. While price increases have been
a consistent response to earnings, lots of negative press
coupled with a lackluster ER could send TSLA to test the 247
support.
the corner, shares have broken thru all major moving average
supports and appear to be heading towards trend line support
around the 266's. Wed, the share price bounced off historical
candlestick support at 281. While price increases have been
a consistent response to earnings, lots of negative press
coupled with a lackluster ER could send TSLA to test the 247
support.