TSLA looking to return to 145-150
Well When I was bearish earlier this year I though TSLA would go to 150, and instead we went all the way to 100. Then I figured we would bounce back to 150 and we ended up going all the way to 200 lol
I still think 145-150 is a good level so I am guessing we will go back there before earnings. The movement has been wild but I think it will settle at its initial pre-split valuation at least for a bit.
A lot of signals are showing to me that downside is on the way, so why not try and fill the gap that we made on the massive run up?
Market breadth is turning bearish, Interest rates are on the rise, why not hedge for an earnings disappointment? The market hedged for an earnings beat and that caused retail to FOMO in, but I think many big players will be trimming at this price.
Good luck :)
I still think 145-150 is a good level so I am guessing we will go back there before earnings. The movement has been wild but I think it will settle at its initial pre-split valuation at least for a bit.
A lot of signals are showing to me that downside is on the way, so why not try and fill the gap that we made on the massive run up?
Market breadth is turning bearish, Interest rates are on the rise, why not hedge for an earnings disappointment? The market hedged for an earnings beat and that caused retail to FOMO in, but I think many big players will be trimming at this price.
Good luck :)
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