$Tesla (TSLA.US)$ hope no one is trapped. it will move sidew...
$Tesla(TSLA.US$ hope no one is trapped. it will move sideway or down more to move within Bollinger Band.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Lao Beng sharing with you alternative views and insights
1149Followers
12Following
3341Visitors
Follow
102773801 : what do you mean by moving sideway?
heureuxL : What do you think is the closing price ?
Lao Beng Finance OP 102773801 : meaning within a range, typically to hit top of Bollinger Band then moving within mid band to too band region before deciding next movement
GM 1 heureuxL : It’s like diarrhoea![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Maybe 950
Lao Beng Finance OP 102773801 : top band is around 940, mid band is 700+. the range is bigger as there is a huge run last 2 days
Lao Beng Finance OP heureuxL : if touching top of band 940+ to 960+
GM 1 Lao Beng Finance OP : No wonder there wasn’t much resistance in the past 1 week… it was a smooth ride up and people were saying that shorts Have exited. They were just hibernating, never exited![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Now they are on a killing spree?
Lao Beng Finance OP GM 1 : not sure, volume wise in terms of shorts are weird, there was a huge bar of sell/shorts 2-3 days back. in terms of technical, even weekly bar burst through the bband. but then the 100k cars is 10% of their annual sales, thus we can expect a good growth results which would have been factored in this double digit run up. anything more doesn't make sense short term wise
BeBlessed Lao Beng Finance OP : and a rule of thumb when comes to trading - never chase stock at high price because of fomo