Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 695.17

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Jan 12 4:00 PM EST

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To: Johnny Canuck who wrote (56195)	12/27/2022 1:48:21 AM
From: Johnny Canuck	Read Replies (1) of 69695

A contraction of growth from the current 40 percent has TSLA falling to the $50 support level if reduced to more traditional 20 percent for car companies. This current level needs to hold and is a potential bounce level but has a 50 percent downside level from the current price, not a good risk reward for an intermediate trader and only a decent day to 5 day trade to short term traders. Handle with care. Phrased another way 50 dollar upside bounce max with 50 dollar downside risk shorr term. Only even money. >>>>>>> Opinion piece on TSLA investors.com

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