Tesla stock has recently lost nearly 50% of its value in just over two months. Now it’s within striking distance of a large downside gap that could act as a tactical target for a bearish bet. But be warned: Many Tesla bears have fallen victim to this EV stock, and shorting Tesla is not for the faint of heart. For those brave enough to consider it, read on.
You’ve probably heard that gaps in the chart fill 80% of the time. But do you know why that is? Here’s CMT AJ Monte’s no-nonsense explanation. Scroll down for real-life examples, and current UNFILLED gaps in one high-valuation name.
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