$Tesla(TSLA.US)$ by all means keep shorting it - its bound ...
$Tesla(TSLA.US)$ by all means keep shorting it - its bound to go down. Hahaha
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Engineer, Commodity Buyer, Alert Bettor,
Tesla 🌬 Commodities BULL🐘 Precious Metals Dragon 🐲 and OIL Trumpeter 🗣🎺
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新加坡炒股养家 : Burn this person's pants hahahahaha
101828445 : Hello iam! Do you have a price target for Tesla to start selling?
iamiamOP 101828445: I follow momentum to sell. But it has passed 138 (I sold) 155 (I sold) 168 (I sold) now I'm waiting to see how close we get to 220. Does that help?
iamiamOP 101828445: I have heard 175, it was from someone whom normally I agree with, but since mid Dec, he and I have been opposites
101828445 iamiamOP: Ah okay! It has passed 175 haha
is the next resistance at 220?
iamiamOP 101828445: this is where he got 175. This would be a natural pullback zone to run again towards 200
101828445 iamiamOP: Thank you iam! Seems like pullback will come on Mon. Anyway! What are your thoughts on the market? Are we still in the downtrend and it’s just short-term bullish?
iamiamOP 101828445: no. my personal opinion is that we will run higher than most expect, and I think jpow could be a CATALYST and not an anchor. I also believe there is a chance that we melt up to new highs, nothing fundamental about it, just an overshorted market that essentially short squeezes
101828445 iamiamOP: Do you mean this rally is due to the market being over shorted? Is it considered a reversal to an uptrend? Because recession seems to be in place with so many layoffs in place. The huge rally doesn’t seem to make a lot sense. I’m wondering if a capitulation will be happening soon
iamiamOP 101828445: noise noise noise. market is going up. I said it in my posts that layoffs are GOOD and a sign of the bottom. Look at where the layoffs are happening. they are NOT in economically important industries. it is fat, and it is being trimmed. I do not believe we will see a recession yet, or we already had it last year (we did have 2 quarters of negative GDP that is a technical recession), and we are unwinding it now. There is NOT a money or work problem, there is money and work in the wrong place problem. The problem is being fixed now, and the market is forward thinking. it's buying where the new money will go, and by the time retail figures it out, they will be chasing price.
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