bdy0627
Active Member
If it's close, I'm sure there will be a battle from the dark forces to keep it below that level. Already looks like the battle is here.
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In honor of Elon's Monte Python tweets, here's hoping the shorts are the black knight in today's battle.
jhm
Well-Known Member
I'd like to camp out at $370. That was a nice price.
My synopsis of Option_sniper's observations, is that there was a down channel, that TSLA dropped below during THE dump, and we are now bumping up against the underside of that downward channel. TSLA is also in the Ichimoku cloud, the bottom of which is acting as support, but hanging out here longer would lead to dropping below the cloud as the cloud is heading in an upwards direction.
MartinAustin
Active Member
From $316 to $326 today. It would appear that the rip to $341 is underway
Closing above yesterday's high negates that negative day.
Which in turn Establishes a bottom, not necessarily an uptrend.
In my view, An uptrend would require new positive information .
Which in turn Establishes a bottom, not necessarily an uptrend.
In my view, An uptrend would require new positive information .
MartinAustin
Active Member
..and now at $328 which was above Friday's close. The damage done by Elon's stock remarks has been completely repaired in just two trading days - much better than in years past.
Gotta thank myusername again. He/she was posting yesterday, indicating (theory only so far) the stock would go up shortly after. Thank you. That's three in a row now.
Edit: I should actually start trading based on this theory.
Edit: I should actually start trading based on this theory.
Dont jinx my favorite counter indicator lol
T3slaTulips
Member
But do we double up if there are also new memberships by misspelled Ayn Rand characters?
Sometimes bears wonder off and come into territory they don't belong. We know we're not supposed to feed the bears, but we do it anyway. They look so adorable, but they are wild animals. Even I am guilty of feeding them. But with each encounter, I actually learn something. It only makes me better prepared for the next bear encounter.
Can I ask where this chart is from? Curious because it uses my company's library
T3slaTulips
Member
Is it just me, or are the after hours prices a little weird tonight? I see it jumping around by almost 1.5%.
Those steep AH jumps happen 1-3 times a week for as long as I've been investing, so I don't know why you think it's weird.
There's typically one late posting in after-hours trading that reflects a price from earlier in the day, and I think we saw two late postings today, which is a bit out of the norm. I don't think that anyone would be willing to sell a 322 or 323 in after-hours trading at the present time.
Edit: Make that 3 late postings. That is quite unusual. The stock keeps popping back to the 328+ range, though.
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jhm
Well-Known Member
Reciprocity
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