Looks like it is replaying a previous move. Will it go back up now (please)?
This channel shows BABA sreadily going down Not trading advise.
Why not, right...? Way undersold, RSI bottomed out, at bottom of channel drawn, etc etc
0.612 Fib support, bottom of channel, RSI <30 on 4 hour, etc
Inverse H&S, 9 count TD Sequential down now a green candle, positive divergence ion the RSI. Also, reported new energy stimulus, batteries, power grid, chargers, cars, etc, etc... I was thinking about/should have bought more when it spiked down to 176. Actually this morning I was about ready to sell at what i knew would be the bottom (176) and buy TNA and just...
Why not, right? Not trading advice. RSI and MACD bottomed and heading up? Channel looks plausible? My thought is the TSLA has no exposure to SVB? TSLA has tons of $$? Elon Musk seemed to indicate that him buying SVB would not be out of the question (but that would probably be a horrible idea for TSLA shareholders in the short term).
Waiting for it to go back down so I can buy back. I sold the day OF earning for 159-ish. Was mortified that it kept going UP the next day. My expectation was that it would go back down today/this week. I wanted to buy back LOWER than where I sold it - probably a stupid idea.
After sitting through all of the recent Twitter and court case drama with an avg of $233, when it skyrocketed UP after earnings the other day, I PANIC SOLD thinking that I would buy back lower later when it "inevitably" crashes (or at least goes down a little bit... Of course I knew that if I sold it would SKYROCKET, which it of course did the next day... I made...
TSLA falling wedge breakout target 265 (which is also a gap) What do you think...?
should think about SELLING EVERYTHING!!! This is annoying me. That is of course what they want... Went to a chain restaurant tonight... The portions were "frozen dinner" (read SMALL) sized and was served in PLASTIC BOWLS... The COST was like $12 for each entrée. Similar frozen dinner is 5.99 (probably would have been better). Not good. Not sure if all of this...
So, to me it looks like the .com bubble was way worse than this bubble. To me it looks like S&P had finallly recoverd from the 08 crash and then got a "bit" carried away and is now reverting to the mean (the center line). Maybve it will just STAY hovering around the center line until I retie :) instead of going back down to the bottom line to retest... I am...
Why not this chart? The top line of the channel is now support. Bullish divergence on RSI.
Why not up to the circle at around 4350. Bullish RSI divergence. Came back to to retest breakout. Etc etc
Or not... This seems like a reasonable channel, no?
up channel, divergence still on MACD and RSI both rolling back up
Looks like there is divergence (?) on the RSI and MACD AND there is a nice trend going UP (except for the few plummets BELOW the trend line recently due to various "shocks")
If I look a the long term trend on SPY it looks to me like 500 is currently the middle line. We FINALLY made it BACK to 500-ish , and are now going down again. Maye we can go back up to the mid line (around 500)...?