The Bears are hammering TSLA today. I sold my position for a loss because I knew
it was going lower. I’m going to try and
scale back in when and if it hits $190.
There was a negative feeling about the missed earnings and with BMW
releasing news about its new EV car to compete with TSLA.
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I got back in today at $202 because it found support off a resistance level. Now the market has reversed possibly off of Janet Yellen's comments. This is a perfect representation of the chaos of the market. You never know what will happen. TSLA had an earnings announcement that wasn't favorable and with possible competition the stock tanked today. That coincided with the Fed Chair Yellen speaking today to conspire to make it a very schizophrenic day.
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I got back in today at $202 because it found support off a resistance level. Now the market has reversed possibly off of Janet Yellen's comments. This is a perfect representation of the chaos of the market. You never know what will happen. TSLA had an earnings announcement that wasn't favorable and with possible competition the stock tanked today. That coincided with the Fed Chair Yellen speaking today to conspire to make it a very schizophrenic day.
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