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TSLA KEY LEVELS On The Move Lower

Summary

TSLA is one of the most overvalued over pumped stocks around

TSLA should see lower levels but may bounce at some key points

KEY levels for my swing trade

I've been SHORT TSLA since for this last leg lower.  I marked $357 as a key resistance point recently. (see other post) and that held true.  Now I mark some key levels on the next leg lower should the Bulls want to defend the price of this stock (I doubt many will). 

WEEKLY PIVOT POINT : $335

LOWER DAILY BOLLINGER : $338

possible low of $335 and bounce to hold $338 then a decline to the

WEEKLY SIX MONTH MOVING AVERAGE: $328

Disclosure: I am/we are short TSLA.

Additional disclosure: Short via sold shares. Don't play options due to decay and liquidity. I like to hold a part of the position and then trade half the position based on expected bounces.