I will gladly donate to that go fund me. But its true if you are the last tesla bear to buy in long it will definitely drop a solid 20% or more.
News alert This could prop tesla up $50 tomorrow Tesla’s Model Y gets a $3,000 price cut The carmaker’s latest model is now priced just below $50,000 By Kim Lyons on July 12, 2020 12:19 pm
Sooo funny how XYZ stock can be undervalued and oversold after a minor slight pullback of say 17% after its rallied 7,989% from an IPO...but after a stock has rallied hundreds of percent is never ever overbought and in most cases gets it price target raised over and over again. Speaking of price targets and raising them I wonder what heavy weighted stock gets a price target upgrade tomorrow??? Can't wait to see which one they choose to keep the markets propped up. Any guesses?
Certainly not. If I see it drop like a rock in the first few bars again, I will pick it up down there where it reverses, put a stop under it, walk the stop up through the day and sell limit either the whole position or an amount to be determined later, before the closing bell. I'm not going to load the boat and hold it overnight. Look at the first half hour the last several days straight and you will see what I mean. I think it can climb some more. Most everyone thinks it can climb some more. Where the actual top is gonna be, I don't have a clue but I am thinking $2k is a very magnetic figure that will also offer some strong resistance. Hard to say. I'm not the expert. But if it suddenly goes into a death spiral I will be ready to bail.
[QUO %% No thanks; I have it in ETFs. Its[tsla] in so many etfs/indexes/ hard not to be in it somewhat/fine buy me