I bought some of this in late Feb at around 670 after I thought it was done crashing. Then it crashed even more (all the way down to 540 which was a bit terrifying) and I jumped out after it popped back up and I was at break even...
Recently rediscovered super long term parallel lines on log charts. SPX doesn't look too bad in that respect (looks like it has more room to go (unless I misdrew something), but IWM and TSLA, etc look a bit scary perhaps.
Maybe I SHOULD wait until it goes to 480 (as suggested by another TradingView personality. 480 would be coming back down the the bottom on the NEW channel that it looks like it may be in... I still like the IDEA of TSLA, don't think it can go down that much (or even more) but who knows...
(not trading advice)
Recently rediscovered super long term parallel lines on log charts. SPX doesn't look too bad in that respect (looks like it has more room to go (unless I misdrew something), but IWM and TSLA, etc look a bit scary perhaps.
Maybe I SHOULD wait until it goes to 480 (as suggested by another TradingView personality. 480 would be coming back down the the bottom on the NEW channel that it looks like it may be in... I still like the IDEA of TSLA, don't think it can go down that much (or even more) but who knows...
(not trading advice)