Futures are down big so I revised the chart to include the bear scenario for the pennant formation.
The bear target would be around $800.....
TSLA doesn't always move with the market.... so who knows, I guess we find out tomorrow.
The bear target would be around $800.....
TSLA doesn't always move with the market.... so who knows, I guess we find out tomorrow.
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Appears to be headed to $800.....
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.... and $800 it is...
The funny thing is that I figured the market had to go down today because TSLA had to go to $800. STayed all cash, but I guess I should have shorted something, lol. Especially since the market gapped up.
The funny thing is that I figured the market had to go down today because TSLA had to go to $800. STayed all cash, but I guess I should have shorted something, lol. Especially since the market gapped up.
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The top may be in for this hilarious bubble stock....
I'd wait for another exhaustion gap before shorting, I'd consider going long for a day at $800.....