Small gap filled
Shared this in my video:
“Let’s say, Tesla’s margin profits disappoint investors, or investors decided to sell the news, then Tesla will have difficulty breaking above the 284, 285 level. When this happens, the double top pattern may potentially play out. It will be confirmed if we close below the downtrend line, which I believe will be tested again this week.
And below this line, we are looking at 264 to 265 as the first target, where that little gap is. Filling this gap is nothing in my opinion.”
And below this line, we are looking at 264 to 265 as the first target, where that little gap is. Filling this gap is nothing in my opinion.”
There you have it - we hit 264-265, and even went below it ![]()
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VogueHereIAm : Nice. You got it! What’s next? Will it be tested again to 258?
Cow Moo-ney OP VogueHereIAm : Next area of support is 253 to 255. Hence could be the next target. But because nothing is guaranteed, so if Tesla reclaims 264-265, the bear thesis will be invalidated
ekimccc : Cathie Wood has made the right decision
Cow Moo-ney OP ekimccc : Yeah. I realised she’s quite good at picking the top / near top when it comes to Tesla. As for her other stocks.. questionable![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")