Account Info
Log Out
English
Back
Download
Log in to access Online Inquiry
Back to the Top
Post-election first test flight: How to position for 'Elon Musk' concept stocks?
Views 7.3M Contents 740
avatar
Sor Shi Dll joined discussion · Nov 11 10:35

Near-Term TA: TSLA potentially in Overbought Zone or Taking Profit Zone!

$Tesla (TSLA.US)$ As per the Technical indicators, TSLA currently in Overbought Zone and higher volatility. Historically, it was up about 30-35% until it retrace back down. (Currently 45% up after earning announcement)
Based on my experience, this is pump and dump scheme similar to short squeeze. Because of high Volatility, the more TSLA fly high now, the more it will fall later.
My advice, don't sell or short here yet and wait for buyers to become exhausted just for one or two more days..
Near-Term TA: TSLA potentially in Overbought Zone or Taking Profit Zone!
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
9
+0
Translate
Report
11K Views
Comment
Sign in to post a comment
    avatar
    Sor Shi Dll
    I am still learning about how to trade stocks becuase I lost 80% of my Capital within three years mainly on FRC bank.
    127Followers
    18Following
    377Visitors
    Follow