Recent content by Leo9

Default? It's not gonna happen. Extremely unlikely scenario.

ES (SPX futures) bids currently at 2567.50. Limit down again. Crazy price action. Let's wait for Powell.

$SPY about to gap down 8%! Crazy opening.

Price gap to close: 674 to 654.

It's smart to raise now.

Equity raise.

Looks almost ready to move again..

Here are some examples of flags: They are continuation patterns on lower volume, usually in the opposite direction of the primary trend. TSLA did not really form a flag recently, but you can consider this one a very similar pattern (hourly chart):

Did you know TSLA is in a bear market now? Here's the proof: Oh CNBC...

I'm sorry but where do you see a flag?

Typical price action after topping doji. Possible push up after the gap down to close the gap. *If* it fails there, it's a day trade short. So many chasers got trapped yesterday and many will look to get out. Sentiment can change very quickly. Doesn't change the long term bull thesis of course...

There was no news to justify a +50% in a couple day to begin with. A lot of people are just FOMOing as the price goes vertical at never seen level of overextension. As soon as the buying pressure starts to abate and the price begin to slide a lot of chaser will want to get out as soon as...

Long legged doji on huge volume with gap below. Never seen level of overextension after a paraboic run. Relatively short interest. This looks like a textbook top in the making to me.

We'll probably get there (and even higher). I wouldn't necessarily sell a core long position, I'm just saying that opening a new position now is probably not the best idea from a risk / reward standpoint.