The Great Tesla disappointment

2020年12月6日

December 8-9 is the great short opportunity ~ 630 Dollars

This is the same bubble repeated numerous times in history, people are falling for it again.
The SPY buys Tesla on Dec 21, and the fall will only accelerate from there. This is already priced in and it's buy the rumour sell the news/event.

This is followed by -'buy the dip' mentality into 'whats going on?' into 'gotta get out!!' fear mode.

A re-buy opportunity will present early 2021 @ roughly 270 dollars.

I assume most people here know basic technical analysis.

2020年12月7日

注释

$630 almost reached already today, TD 4Hr targets December 8/9.
Hence we will likely see higher prices - probably around $650

Will enter short during/after target date.

2020年12月10日

注释

The $650 short on Dec 8 going well so far as planned.

It's a question of how low it will go rather than if it will go lower.

Never say Never in markets,

I see support at 350 & 270 for 2021. Prices can bounce anywhere prior to this. If it ever gets to 270 I think will be one of the greatest opportunities to get back in.

I used TD 4HR to time the top, and used patience to time the price top of 650, with luck helping out. There is no secret to timing tops and if done it's more about luck.