I have it potentially bottoming in the next week or so, at 320 region for a whale of a move to 440 or so. I will be keenly watching this
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looking at the green lines to acquire positions
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Looking for a repeat of this fractal:
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That was around a 50% pop, and if we get to 310 or so, a similar pop would put us at our target
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on second thought, we may get as low as the 280 region, but I would buy more there
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Closed shorts here, started several long tranches here
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Changing the fractal match to:
Seems like perhaps 2 or so days of downside to go, before rip
Seems like perhaps 2 or so days of downside to go, before rip
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by rip, I mean "ripper" to the upside, not RIP...
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Please ignore the stop in the idea -- this looks like it's in a good bottoming setup, don't want to let go of this trade yet
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If we close on the highs, we are following the fractal great -- would lead me to expect a new low on monday and that would be it before a face ripping rally
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That took long enough. Sometimes it pays to relax stops --
Trade closed: target reached:
Closing this here since I don't want to gamble on what Elon Musk does or not
