Guessing the price action coming next week.. We are in a strong bull trend. Not expecting everything to crash at one. My play this week is to scalp some calls as i see some support down at 472-474.
IMO a small gap down Tuesday morning, dip buyers taking it to another leg high to stop shorts out hitting the resistance, shaping up that nice RSI hourly divergence. Then a straight healthy pullback to that gap fill. Disclaimer: Just an idea, not a trading advice. My position: A few puts 7-10 days out. Scalping + weekly shorts
Let the pattern speak for itself. CHPT is a great company especially looking at EV potentiality. $9 right now. Strong buy from my side!
Trend is your friend! If Market drops, watch out for PUTS on TESLA, TWITTER, GME and many other dead cat bounces!
Remember, the TREND IS YOUR FRIEND!! AMC will head to where it belongs(South).
Doji's on the top, clear $271 rejection. No buy volume. FED meeting tomorrow. It market tanks, NVDA is following along flushing hard!
The downtrend is not yet over because of inflation, interest rate hikes, Ukraine WAR, COVID. This is just a relief rally and Tesla will dump more to the downside!
It's funny to see people getting Bullish sentiments, yelling out that the Correction is over and all kind of craps. The situation in Ukraine is getting more and more serious, the inflation is to be looked along with interest rate hikes. Plus, who said that Covid is done? Despite all this you people believe that we're heading All time high? ABSOLUTE BS! This is...
Weekly support! Hammers on the bottom. RSI justbounced out of that oversold on the Weekly! Price gargets: 140, 178, 190. Got my self some short term calls (expiring in 3 weeks, a little OTM)