They created a illusion with the split, that is crazy it is not a cheap stock is a worthless stock. Long term investor i want to see how much lower they will take it, but to add my portfolio because of a comedian makes no sense, price never lied and i have the receipts. Invest wisely, do your own research. I'm sure the buying the dip mentality hasn't killed you...
As traders we're more than just looking at price, we can deff see how in the macro the chart is showing us someone elses situation. Obv 98 cents is my own speculation based on my understanding of the market place, and i will sure look for opportunities if presented to take advantage of. But really though 98 cents will break the Uk lol Happy trading.
As you can see the H1 that is the area i am looking for price to respect for a resume of the downtrend. Stay vigilant.
I have been away from GJ for almost 6 months now so last week if you scroll through my previous idea you will see the outlook i had for it, it delivered all on sunday lol and this is the aftermath, a lot of people could be saying oh we are bullish due to how it bounced back and based on how the daily may look, but im expecting this area to hold and then continue...
Pound just started back its bearish trend, The shorts on that economy have started so lets see, first target is the equal lows. Trade safe.
Euro is sinking, possibly 95 cents this upcoming week, my overall target is around 89 cents, but all eyes on the following weekly candle, anticipate where the high can be formed and just go a long with it, don't try to reverse it, its bearish, if you did not get in well you did not get in, just wait, it will give you an opportunity, submit to time.
Why not pump it back to 1000 before the split or the split happens and retail gets excited by seeing that tesla is in the 300 range and the thought of it being so low gets them positioned and then tank it from the imbalance. we are in a bearish structure, this could be the run on stops to then tank it what i believe will be 50% plus to the downside, Long term...
How fast can it spike down.. hmm H1 is bearish right now, unless structure breaks i'm gravitating on that MMSM ultimately leading into that daily overall target.
Last week, we called a sell on what price may likely do and it played out to the T, now we're here, Monday will let us know the direction, we did have a nice spike on tesla running buy side, but its chilling there, so either monday open we'll continue the push higher and i will be interesting in seeing those buys taken, if we manage to print lower well if we can...
There's no secret that i am bearish on tesla, and i'm using sentiment, based on my trading etc. But Okay here we go why not run price up get everyone excited and then tank it and take sell side or break that minor low and begin to sell down to sell side and probably go to my 500 target and this was just a built up for future price. Either way price will move.