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$Tesla (TSLA.US)$ The Twitter overhang is technically estimated about 25$ and started yesterday but, in my opinion, it could go much higher for irrational/emotional reasons of the market. Shorters wonโt keep up and the price will increase up to 25% from yesterday, until the whole next week, IF October production numbers (coming by the end of next week) come out in line with the expectations for Q4.
Obviously, a disastrous macro environment with the SPX crashing for very bad earning results from Apple and Amazon would erase any dream ๐คท
So, eyes wide open on the earnings. Todayโs earnings werenโt globally bad, even if the two โmajorsโ Ford and Meta showed mixed results (but Ford a lot of free cash and Meta more new customers YoY). The marked initially tanked over the uncertainty, then recovered quite decently (TSLA 1% + 0,83% in the aftermarket). ๐๐ค๐
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TESLA holder and trader. Economics and tech studies, writer, traveller and chef for passion. FREE in SouthAmerica ๐
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Ong Ah Huat Ah : there are other better targets to short now :)
Rebellion : I shorted Meta big time.
102137116 : Will Tesla share rise after completion of Twitter this Fri?
TeslaSmurf OP Rebellion : I was SO tempted, but my strategy is ONLY on TSLA (hold) and TSLL (day trade, long and short), plus SPXS to protect the capital in case of a general crash.