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$Tesla(TSLA.US$ 30 more minutes
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Last week a friend shared that he finally sold half of his thousand shares in $Tesla(TSLA.US$ and used it to buy a real Tesla car. Previously another friend sold his $Apple(AAPL.US$ during the boom and used it to downpayment for his new house. Very inspired by them, i entered the market. My stocks also getting doubled or multi-folded…at least in my dreams. When i opened my eyes then i see my portfolio halved again. Well, this is life!
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$Tesla(TSLA.US$ 11.11 sales…faster grab
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$Tesla(TSLA.US$ 😭 bought too early at 1099...
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$Tesla(TSLA.US$
For everyone who is thinking tesla is dropping sharply due to elon musk selling...
You need to understand in US stock exchange rules, insiders with more than 10% of voting rights (pretty sure Elon has that right) in a certain company cannot just unload their shares as and when they want.
They have to go through a filing to state the shares they want to sell and slowly unload it bit by bit, day by day. This is a law so they cant dump their shares when things go bad.
this is a technical pullback for tesla and infact MOST of the stocks as we had a very good run the last 3 weeks.
Tesla is just experiencing more pain due to the fact that tesla had actually gained close to 40% while the rest of the stocks only gained about 5% to 10%.
Will tesla crash back down to 800? Not likely due to the strong bull trend. Unless there is a black swan event, otherwise I dont really see tesla going back below the 800s. In fact it almost touched 20ma on daily chart and did a rebound up. Whether the 20ma will hold as a dynamic support or not, time will tell.
But as always, trade safe & invest wise!
For everyone who is thinking tesla is dropping sharply due to elon musk selling...
You need to understand in US stock exchange rules, insiders with more than 10% of voting rights (pretty sure Elon has that right) in a certain company cannot just unload their shares as and when they want.
They have to go through a filing to state the shares they want to sell and slowly unload it bit by bit, day by day. This is a law so they cant dump their shares when things go bad.
this is a technical pullback for tesla and infact MOST of the stocks as we had a very good run the last 3 weeks.
Tesla is just experiencing more pain due to the fact that tesla had actually gained close to 40% while the rest of the stocks only gained about 5% to 10%.
Will tesla crash back down to 800? Not likely due to the strong bull trend. Unless there is a black swan event, otherwise I dont really see tesla going back below the 800s. In fact it almost touched 20ma on daily chart and did a rebound up. Whether the 20ma will hold as a dynamic support or not, time will tell.
But as always, trade safe & invest wise!
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$Tesla(TSLA.US$ tonight no need to sleep liao
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