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The H&S pattern is confirmed. Price may drop further to the next key level of 260-266, retesting and moving sideways. If price fail to find support at that level, next key level will be 200-212.
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$Tesla (TSLA.US)$ may i know what to select for the 12 question sif I am supporting Elon Musk?
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$Tesla (TSLA.US)$ $BYD COMPANY (01211.HK)$ $NIO Inc (NIO.US)$ $XPeng (XPEV.US)$ I voted FOR the proposals to ratify Elon Musk's (EM) 2018 Tesla Pay Package and the redomestication of Tesla from Delaware to Texas. See screenshots below. When I read the reasons posted by Tiff Burner in X, I concur with him. Here are the 7 reasons (also mine):
1) A deal is a deal. The high risk, high reward compensation package was approved by 73% o...
1) A deal is a deal. The high risk, high reward compensation package was approved by 73% o...
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$Tesla (TSLA.US)$ I can quite responseable tell you Tesla FSD won't approve in china and it won't works in china, 1, Tesla cannot store it outside in china, 2， china road is different from America, you need Chinese car to drive in china. simple as That
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$C3.ai (AI.US)$ buy 31 dollars puts and hit 15 bucks in 3 months trust me
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Response to CPI was mild. Guess most wouldn’t expect CPI number to be the same as estimate. Options premium burning is real. IV crush is real too.
I would hope this momentum can continue and SPY can break above 400.
That said, would also like to caution everyone that SPY is hitting this downward trendline (see images below) that stretches till Jan 2022 - that’s one year ago. And every time this line got tested, SPY got rejected, and the market went down.
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Meta Platforms (META.US)$ $Alphabet-A (GOOGL.US)$ $Credit Suisse (CS.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Lucid Group (LCID.US)$ $ARK Innovation ETF (ARKK.US)$
I would hope this momentum can continue and SPY can break above 400.
That said, would also like to caution everyone that SPY is hitting this downward trendline (see images below) that stretches till Jan 2022 - that’s one year ago. And every time this line got tested, SPY got rejected, and the market went down.
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Tesla (TSLA.US)$ $Apple (AAPL.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $ProShares UltraPro QQQ ETF (TQQQ.US)$ $ProShares UltraPro Short QQQ ETF (SQQQ.US)$ $Meta Platforms (META.US)$ $Alphabet-A (GOOGL.US)$ $Credit Suisse (CS.US)$ $iShares 20+ Year Treasury Bond ETF (TLT.US)$ $Financial Select Sector SPDR Fund (XLF.US)$ $Lucid Group (LCID.US)$ $ARK Innovation ETF (ARKK.US)$
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101662029 : techical chart will kill you