bdy0627
Active Member
If we close red today, that's 6 red candles in a row. I think that's only happened once before in the past 3 years. I'm sure there are some smart hedge funds that know this stock's pattern very well. They will be ready to support another climb, particularly when it becomes clear the stock isn't going to drop much further. That should be soon. We are on the verge of this dip getting into the territory of an average dip for TSLA, which is a 12% drop over 8 trading days. We are at 11% and 6 trading days. I think this share price is much more likely to be a smart place to add leverage than to reduce it, even over the short to medium time frame. The stock may very well simply start climbing back up seemingly without a catalyst.