on TSLA, the MA ribbon is pinching some and you have a
doji, so it may be a place where price struggles. My thought is
that maybe a pullback isn't too deep and will form a higher low. I
wouldn't be surprised to see the MA ribbon flip back to a positive
configuration sometime soon honestly. I could be a bit biased
though as I'm still long, I went long back in early June near the
lows off that big up candle and still own a trailing piece. I have
to decide if I'm just gonna hold it or not, which is what I'm
leaning to do, and maybe adding back to it on a pullback
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on TSLA, the MA ribbon
Matt - How is TSLA looking for a short ?
Posted by matt on 18th of Jun 2019 at 03:30 pm
on TSLA, the MA ribbon is pinching some and you have a doji, so it may be a place where price struggles. My thought is that maybe a pullback isn't too deep and will form a higher low. I wouldn't be surprised to see the MA ribbon flip back to a positive configuration sometime soon honestly. I could be a bit biased though as I'm still long, I went long back in early June near the lows off that big up candle and still own a trailing piece. I have to decide if I'm just gonna hold it or not, which is what I'm leaning to do, and maybe adding back to it on a pullback