I think the greater market influences are starting to take control and we are seeing this rally start to break down. My price target for TSLA has always been roughly $60 - $90 and I have not seen a reason yet to change that. The AI/TECH mania we have been witnessing is starting to lose steam and eventually those late comers are going to look around and realise they have been chosen as the bag holders, as if it wasn't obvious but hey, fomo is an itch!
Didn't think it would go from 206 in june to 299 in july on the day of earnings. I added short lots on the run up. Now waiting for the fall to 95, ven the 103 from Jan 2023 is good enough to close out my short.
bjorn2z
⋅
Thanks! Inverse chart gives a new perspective for my short.