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Todays Big Stock Wealthpop News

Is This EV Stock Ready To Throw It In Reverse?


One of our most talked about and traded stocks has just given us yet another sign that it may be a stock in play again. Tesla (TSLA) has been giving us setup after setup lately, and today we may have another opportunity to trade this highly liquid stock.

From where I sit, this setup seems to be on the bearish side. Given the rally by the market, which has seen most stocks rise, it could be time for a pullback, for TSLA especially. In the video below, you will see why the current setup on TSLA is suggesting lower prices could be in store, at least for the short term.

Check out the video to see exactly whay my students and I are looking at that has reinforced this bearish sentiment.

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Good Luck!

Christian Tharp, CMT

Christian Tharp

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

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