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ProjectSyndicate
Jul 30, 2020 3:21 PM

TSLA D1: Goodnight BULLS, welcome to BEAR party!(NEW) Short

Tesla, Inc.NASDAQ

Description

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TSLA D1: Goodnight BULLS, welcome to BEAR party!(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: US/Global stock markets are maxed out
::: 20/25% correction August/September
::: DAX down 5% in Europe already today
::: QQQ/SPY joining BEAR party soon
::: TSLA is TOPPED OUT already.
::: distribution at the top in progress
::: previously went parabolic : WEAK CHART
::: will lose up to 50% during correction
::: There is no upside in this market
::: Get out / trim exposure / or SHORT IT
::: lights out for the BULL PARTY
::: Game over bulls and market will shift
::: into BEAR mode August/September 2020
::: either way setting up for 30%+ correction
::: 4-8 weeks of correction incoming soon
::: better be prepared in advance
::: when there's GREED there's also PAIN
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH
Comments
lonercapitalist
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Doubt it. Still more upside. Looking at 2350. Let ppl short it for more liquidity.
ProjectSyndicate
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@dpham911, good luck. you will be providing liquidity.
gios222
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@ProjectSyndicate, lmao there is a billion people waiting to buy in 1000-1200 range. You won't see 3 digit prices ever again
Ian_Rad
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@gios222, They'll do a stock split eventually, bet
runningdavid3
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@dpham911, market is not a one way street. Limited upside up till 2000 imo.
ProjectSyndicate
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@runningdavid3, exactly. correct.
lonercapitalist
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@runningdavid3 yes it is? The market goes either up or down or sideways. It's one of those three and nothing else.
runningdavid3
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@dpham911, just fomo retail investors buying. Wall street isn't going to give you free money.
ProjectSyndicate
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@runningdavid3, let him learn the lesson the hard way.
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