This is TSLA, overlaid with the Bitcoin chart which was a textbook Rodrigue bubble. Suggests a final high around 1050, and then decline until it resumes trend in the 520-550 area.
This is not inconsistent with my other TSLA post which looks different as it's log scale. How about short at 1000, 10% stop, TP 500? RR 5, just a guess.
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Working well so far, except of course the trade never filled.
Yeah... parabolics go back to starting point. Probly get MO-MO lift off the pullback to 1K, puts are insanely expensive, everyone sees it;
2-day contracts for $24-40, weeklies for >$50-100, too rich for me. Ty for post!
2-day contracts for $24-40, weeklies for >$50-100, too rich for me. Ty for post!