Love to short/put TSLA
when the irrational exhuberence is at its peak on this dog. Great product but lousy stock that continues to attract "investors" due to its coolness factor. We term them cool hype runner (IPO's). When the market turns down again and this mo stops I'll be buying weelkie puts. Some thursday/fridays they are cheap and quadruple or more if one gets the timing right on the down move of the stock. Can pick up the puts pretty cheap at the end of a hypebolic move upward. Will start to look short here at the 50% fib retrace..caution: do your own due diligence. If it goes back to 240 ..all the better..the short term indicators are all bullish
at this point but the 50% retrace line had a nice short scalp pullback ..will watch closely here. TSLA
had a beautiful GMMA classic pattern down..hard..as it should of. Their batteriies are outdated (2004) technology..the mega factory is mini at this point etc...they continue to underachieve and roll back delivery dates..lose how many thousands per car?