Long tp from now to mid November at around 16200-16400
Comment:
Did not expect things to run this wild. Good news and bad news all the same result, going higher. However the market can't not go up forever. What goes up must go down. Tapering will begin later this month. Started closing long positions and looking for short positions.
Comment:
Yesterday was a wild ride. I guess. Did not expect Nvidia to rise that much with just a price target raise. Market is always unreasonable I guess. Close short postions and and start long again. As wild and crazy as it seems. New price target should be well above 17000 and should see a decline before Nov 20. Enjoy the bull ride!
Comment:
Nvidia and Tesla seem run out of steam now. Let sit a while and wait for the market signal.