TESLA - Shorting during downtrend?
Swing Trading Strategy
1. From the Chart analysis, we may want to test whether the downward momentum will slow down in 0.50 - 0.618 Fibonnaci level before shorting the market.
2. If it goes down further from 0.50 or 0.618, to consider short the market. NASDAQ (mainly for Tech Stock) would be your catalyst as this stock tend to follow the trend.
1. From the Chart analysis, we may want to test whether the downward momentum will slow down in 0.50 - 0.618 Fibonnaci level before shorting the market.
2. If it goes down further from 0.50 or 0.618, to consider short the market. NASDAQ (mainly for Tech Stock) would be your catalyst as this stock tend to follow the trend.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.