Quote:
Originally Posted by
sonatine
i honestly dont advocate shorting anything thats lost that much blood already unless youre scalping or maybe doing swings.
I started my TSLA rant at $157 here following SBF’s arrest.
TSLA needs to bounce a little. It has already. You can’t plumb new depths without exceeding the volume of the previous low. We need fresh weak longs who will get easily shook out on the next leg down. The smart money needs someone to sell their garbage to - we/they will walk the TSLA dog a bit and create the illusion of hope.
Wait for the negative conversation to turn into FOMO. Then light the put fuse. Puts have a time element so we want to wait for a break down after FOMO. Sacrifice a few cents for confirmation.
That’s my opinion.