This is not a Fundamental analysis or very long-term, like 5-7 years ahead!
This is an analysis to explore the possibility of a correction of 10% or more in the next 2-4 weeks!
I would rather publish my observations of the price pattern and let you decide!
1- Similarities between Tesla in the past bullish rally and this one:
2- Spinning Top Formation at 1.618 Fibonacci level and confirmation:
3- Down Volume phenomenon: price going up at lower volume!
4- Put/Call ratio>2.29 in the next 2 weeks and 1.3 for the next 30 days!
5- Max pain 1000-1150 in 2021
You do the math, and trade based on evidence!
FYI: I have never closed my Tesla shorts (naked puts ) with loss..!
Best,
Moshkelgosha
DISCLAIMER
I’m not a certified financial planner/a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
บันทึก
Go check last Elon Musk tweet..! Asking followers if he should sell 10% of his shares in Tesla..! I think you can see who bought the Puts, and then tweet about it! SEC should check if he bought the put option before this tweet