Tesla's stock ($TSLA) has been on a downward trend, with significant drops in the past week. Traders are cautious, with some opting for put options and dip buying strategies. The stock has failed to maintain higher levels and is now below key moving averages, indicating bearish sentiment in the market.
TSLA 9 days under the vwap, inside day and down and under the 50 day. One of the more simplistic ways to play it. $TSLA https://t.co/YpnYGlg46y
Ahead of schedule - 168 Weekly 167.5P hedge back in play. Not taking the 75 cents here in case this unravels further. But should come hard off this level $TSLA https://t.co/jBDdTzg12x
$TSLA #recap If you were Long TSLA today you need to revisit your Trading System (Intraday) Beauty Fades all day, 0 Reason to Long Shoutout great @VDTrades for guidance https://t.co/HDscbAIE0L