With Elon Musk's brainchild $TSLA flashing premarket indicators of 1222+, this will trigger two waves:
1) Take-Profit Crowd (SELLOFFS).
2) FOMO Crowd (adds to current position or opts in now)
Which wins the battle at this now massively high and precarious resistance mark is anyone's guess, but the volatile and steady bullish nature of this stock has nearly everyone watching now. What leap will it make next? When do the Bears come out screaming "Short?" It's tough to answer all short-term questions, but the trustworthy explosive nature of $TSLA as a long-term investment stock cannot be ignored. In fact, the lone time this trader did try to re-position TSLA on a short, the result was a net loss. It just doesn't trend down that much or that long. Also noteworthy, some got in on TSLA at just ov/un 400/sh. in March, and that crowd is due to have tripled-up its ROI as of today's pre-market indicator.
Happy INVESTING! (Trading? If you dare :)
-BDR
1) Take-Profit Crowd (SELLOFFS).
2) FOMO Crowd (adds to current position or opts in now)
Which wins the battle at this now massively high and precarious resistance mark is anyone's guess, but the volatile and steady bullish nature of this stock has nearly everyone watching now. What leap will it make next? When do the Bears come out screaming "Short?" It's tough to answer all short-term questions, but the trustworthy explosive nature of $TSLA as a long-term investment stock cannot be ignored. In fact, the lone time this trader did try to re-position TSLA on a short, the result was a net loss. It just doesn't trend down that much or that long. Also noteworthy, some got in on TSLA at just ov/un 400/sh. in March, and that crowd is due to have tripled-up its ROI as of today's pre-market indicator.
Happy INVESTING! (Trading? If you dare :)
-BDR