You live in opposite land? Drops before news is usually bullish. Pumps before news is usually bearish. Again, my chart suggests accumulation is going on so do not hold short positions. This could drop more after earnings but that just means TSLA will pump with election which suggests Trump winning.
There are times where its obvious to short Tesla and now isnt one of them. The main indicator i use suggests bearish atm but not strongly so i wouldnt short based on that. Theres been something odd to the move since the beginning of the month. Seems manipulated. Im seeing A/D indicator indicating accumulation. IF there is a pump expected for Tsla then that suggests Trump winning...then stepping down to be replaced by Vance who Musk & Thiel really want; Thiel groomed Vance.
Post Date: 10/22/2024 03:51:23 PM Board: Tesla Inc Reason: Off-Topic