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Tesla's Technical Outlook
Check out the short video to get the current T/A for TSLA. Here is the link:
https://youtu.be/Cq4BFpq7gfETesla's ticker symbol has outperformed the market in a big way. Its share price is approaching a local resistance level that the price has not been able to rixe above since last August. Will the price rally above? Or will the price reject the short-term resistance?
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Lionnell : that dip bowl emptying fast already
icezzz : do u think market turn to bullish? Or just bulltrap? I still holding some Sqqq
SpyderCall OP icezzz : with the inflation data that came out in germany today it seem bearish. they had a sky high inflation reading off of PPI data. this sent the US dollar up and yields up, and spy down. Those are all bearish for equities in the current environment. it seems like there could possibly be more downside. It is all up to Jerome Powell tomorrow
icezzz SpyderCall OP : Thanks for ur reply
LuckyPiggie icezzz : what price u holding at ?
icezzz LuckyPiggie : 48, since 2 months ago. Always drop before I sell
LuckyPiggie icezzz : i think pretty safe for now . keep watch out in Oct . best can sell off esp b4 mid Oct. of course depends on what powell says tmr .
just my own view.
icezzz LuckyPiggie : Thanks for ur advice.
LuckyPiggie icezzz : if tmr Powell brings good news e.g. 50bps (which i doubt) , then run run run ... if 75bps , can go up or down , wait till friday. ....
100bps = pop champagne celebration.
icezzz : why market down when 75bps? Thought is something expected n factor in.