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Tesla's "Cybercab" global debut sends stock falling
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Aaron Invests (AI) joined discussion · Oct 11 02:48

Chart Talks| Pump and Dump overnight? Will there be a further dump today?

Hi All,
I was actually pretty excited to go for the invitation that was exclusively given to me by Tesla office in Malaysia.
Chart Talks| Pump and Dump overnight? Will there be a further dump today?
Unfortunately, I am unable to go due to other events that were happening. So what I did was just listening to Moomoo Live while I am at it.
While listening to the live this is what happened. Everyone was so pumped up and decided to buy all the way up to 250 🚀. When the robot start dancing, it tanked to 230.
Chart Talks| Pump and Dump overnight? Will there be a further dump today?
The next question is will it pump or dump?
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Based on todays trade. It is likely to see a bigger dump all the way down to support level at 225. now don't get me wrong, I am still bullish about Tesla but being cautious. I see this as another pullback opportunity to buy the dip.
Contrary to that belief. I would see today there is a potential to pull up to 245. Be wary as you may see a dump and pump or a pump and dump.
Long term, it should be bullish. Short term bearish for reasons I believe on CPI Data shrunk for transportation industry, and increase in initial jobless claims which is a double whammy for Tesla.
All the best to traders today!
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Aaron Invests (AI)
Casual social trader and investor. Love to read charts for trade and love to read financial report to invest.
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