StealthP3D
Well-Known Member
Someone’s trying to trigger a bunch of stop-losses.
I agree. I suspect there are a lot of short sales that need to be covered. Also, probably a deficit of TSLA shares in MM's accounts that need to be balanced out in the short-term. They don't want to pay any more for them than they have to. Even if I were considering selling (I'm not) I wouldn't want to help them out at these price levels.