Jun 5

SolarCity – SCTY short

SolarCity large cap stock looks very bearish. Actually we have a long term top head and shoulders pattern + we got a death cross (MA50 moving below MA200) right now. Everything setting up for a break below 45 and IF we see this break in the near future , then I think this stock is going down to 0-10$ in the future. So all in all looks like a possible great short from here over the long run. Short it down to 0-10$ possible.

 

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