In my history of trading ideas, you'll see I was very bullish on TSLA in April-May of '19 when it was hated. I actually bought shares below 190 (PRE SPLIT PRICE, SO UNDER $40 EQUIV. TODAY!). I bought the bottom. I specifically remember cnbc and many others hating on tsla and I knew something was up. I bought it but didn't hold like a real investor should. I took some profit and got out for other ventures. I couldn't have imagined what was to follow.. I've done the math on that trade and my stomach turns a little sick.. but that's okay. It was a win but it wasn't what it could have been.
I suspect a short or medium term top is near. I think in this range from 670-715 there should be a top of some kind. This is wild.
I suspect a short or medium term top is near. I think in this range from 670-715 there should be a top of some kind. This is wild.
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HERE'S MY WEEKLY chart and where I can make a case for a drop SOON. 3x bear divergence on weekly. It hasn't confirmed yet but this is something to take seriously
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725 was my 'proclaimed top' but it sure looks strong. It's absurd. We'll see what happens this week. I think if it's going down it needs to happen asap. BTW, I am NOT currently short tsla. I don't like the imp. volatility right now.
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nope, not today!
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*PARTY LIKE IT'S 1999* .. can you hear the music? What happens when the music stops?