made a vid for a friend, thought I'd make public to get feedback (on the analysis, the vid's my first so take it easy! :)
both amazon and the market as a whole are due for a leg lower but one that could occur in a stand-out fashion, befitting the historic significance of this moment from multiple perspectives.
Pulling back to look at the big picture is a great way to see where we are headed, appreciate you sharing your TA with us.
zAngus
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Hello, congratulations on sharing your first post with the community. We hope you had fun during the task. Have an awesome day!
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@ShortSeller76, lol this isn't my first short since January, just some thoughts on this specific possibility. are you saying you don’t believe there’s a fifth leg to the downside yet to play out?
frater_c-a_
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@ShortSeller76, kind of the same scenario as that idea you posted about tesla, when everyone believed in april that it would bounce to 1400, instead of directly proceeding to crash down another 30%.
I’m just curious if the ‘it’s gotta go up from here’ crowd, combined with the potential for some extra action with the way people get around stock splits and the fact that this could be a pretty powerful rebound on it’s own anyway, might lead to the same type of herd stampede, one that might trap a bunch of longs and yield another really excellent short. if you have interesting thoughts on that please share!
ruby_redusa
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@frater_c-a_, who thinks Tesla goes to 1400 in April ? Which one idea is more reliable in ur eyes . Please advices
ruby_redusa
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@frater_c-a_, I am interested in the thought please share thanks
ShortSeller76
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@frater_c-a_ up then down. I’m generally a bear on everything but do my best to be on the right side of the trade Bear market rallies are spectacular and violent gl