I'm in the camp that if we cannot bounce back over 200 and hold it, we'll be stuck sub 200 like last time until the macro recovers. But at that point I'de rather be in NVDA and ride it to 600. So a gap down without recovery would be pretty bad lol.
I’ll take that bet… I don’t see it happening.. If we post 13X, I’ll leave forever!
That would be one heck of a move. Taking out the bear and then shooting the bull.
If we post 13x share price, then I'll probably be back to 95/5 shares to cash (against my target of 50/50). Could be an interesting year or so waiting for the recovery with all those shares ....
My bet is that you’re right and I will leave these forums and never come back if I don’t close all my longs next time I see $240 before opening them back at $140.
Next minute this entire subforum sells all their shares at 240.
Wait. Is this in the “plan”? Seriously? I thought $185 would be max end of this madness (even though it did allow for me to achieve my share goal - supposed to hold for the long long haul 15-20+ years (I’m 33))
I think it’s fundamentally just institutions adjusting their positions, along with traders/algos/retail/options noise. It just takes a big holder to unload their position to move the price a lot. I assume their trades are motivated - like us - by how much money they can make safely, moreso than trying to accurately “value” the company.
Too late. I already setup to autosell all my shares at 240 and rebuy at $150. Im going to be the richest top dog in here all thanks to DI0003. Max Plaid here I come….
Logically speaking what you say makes a lot of sense. But remember that Wall Street makes money on churn and there is not a better polarizing company than TSLA to create that churn. The charts will tell you the story you don’t even have to look at the delivery numbers or margins.
Top notch TA here. My hat off to you.
