noragrets1

noragrets1

Tesla announced FSD Subscription. Stock is still down. I personally believe that the broader market pullback will drag this stock down for the following weeks. Earnings and August CPI are the next catalysts. I expect a bottom by month's end with a PT of ~530. Earnings could potentially drag the stock to ~420 area however I believe it is unlikely: FSD Subscriptions...

noragrets1 Updated 

An update to my prediction from back in May. I'm retarded with a brain as smooth as a goddamn marble. You'll probably lose money. Not financial advice.

noragrets1 Updated 

Day Trading Section: Shorting Tesla to 420: - the stock has already pulled back 40%; with charts all screaming oversold - shorting the stock as a day trade strategy might provide great returns; many investors fearful and any bad news could result in massive swings to the downside - VIX staying high - any massive swings to the downside...

noragrets1 Updated 

As a beginning investor I am always learning. Today I learned about a "triple bottom false breakout". "The rule of thumb here is that if a trader wants to be long, it is advisable to wait for the obvious area of likely sell stops to be taken out first. This technique tends to work best after a long decline, when analyst and trader sentiment is overwhelmingly...

noragrets1

could TSLA be forming a triple bottom? Or will it crash and burn. I'm personally hoping for the former. The market has been selling off as a whole due to inflation fears. If we see a dampening of the VIX today, we could see some recovery. If inflation truly is transitory, the summer months should see a flattening of the inflation curve. Anyways, not a financial...

noragrets1 Updated 

Be careful, TSLA is super volatile right now. breaks out above; long. If it breaks out below, short. Currently I'm not planning to hold any positions overnight