highhand
2023-02-10

$Tesla Motors(TSLA)$ 

Oh I See A (Falling) Star!

A bearish Doji Star to be exact.

This is a bearish reversal pattern for Tesla seen from last two days candlesticks. A Doji candle formed yesterday above a long green candle from the previous day. 

A two-line pattern is hardly a confirmation of trend reversal and needs to be checked with other technical indicators. However, given the wonderful month-long rally where Tesla stock price has doubled, I believe all good things will end sooner (for now), rather than later.

Tesla might still close above 200 tonight, but chances are there could be a real pullback soon. 

If you are long Tesla, it's always better to buy on dips I guess. 

@TigerStars  

# Can Tesla Guard $200 This Friday?

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Comment（25）

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  • JediGingerNinja
    ·2023-02-11
    TOP
    look at you.. on point. high five for highhand!
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    • highhand: 
      🖐️
      2023-02-11
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  • BarbaraWillard
    ·2023-02-11
    TOP
    What is the Doji candle? just wondering.
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    • highhand: 
      something you use on a birthday cake
      2023-02-11
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  • FrankRebecca
    ·2023-02-11
    I think current price is a little too expensive for me to buy.
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  • AndreaClarissa
    ·2023-02-11
    A little regret that we can buy TSLA around 100 USD.
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  • RS69
    ·2023-02-11
    [Like]
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  • Davekkw
    ·2023-02-10
    ok
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  • Jinnn
    ·2023-02-10
    k
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  • DTnisiel
    ·2023-02-10
    ok
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  • Eatdesign
    ·2023-02-10
    k
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  • LWayne
    ·2023-02-10
    ok...
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  • soun_garden
    ·2023-02-10
    K
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  • RoyceZ
    ·2023-02-10
    k
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  • Jusjohn
    ·2023-02-10
    👍
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  • darrenlsw
    ·2023-02-10
    Buy
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  • HAN8
    ·2023-02-10
    Thank you
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  • ETQ
    ·2023-02-10
    Ok
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  • ETQ
    ·2023-02-10
    Ok
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  • CCLEE
    ·2023-02-10
    [smile]
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  • HappyPants88
    ·2023-02-10
    K
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  • juvefreak
    ·2023-02-10
    Ok
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