1.The company is clearly overvalued to a certain extent.
2. A lot of short interest on this ticker.
3. The momentum is very high.
Given the above three reasons plus Elliott wave analysis, A fake break out wave B is the most likely scenario for TSLA.
The market's job is to screw up as many people as possible, both long and short.
Sit tight and watch it happens.
2. A lot of short interest on this ticker.
3. The momentum is very high.
Given the above three reasons plus Elliott wave analysis, A fake break out wave B is the most likely scenario for TSLA.
The market's job is to screw up as many people as possible, both long and short.
Sit tight and watch it happens.
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