Tesla stock dropped, I bought more, what did you do?

Hit $350 about 20 mins ago.

Screenshot 2020-09-08 at 13.48.05

Next stop $320.

Think it was just an extreme pump and dump. Everyone started pumping from the stock split announcement and waiting for the S&P 500 inclusion, then as soon as the bad news came that they weren’t added everyone started dumping and now we’re on a downward spiral from it. Don’t think it will last much longer with the bulls snapping up the cheaper shares

Down to 100 I reckon few months

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In a few months I’d expect it to be back 450 at least
But I don’t really care how people value it now, I’ll be holding for a very long time

Let’s see what it opens at. Currently 360

Hopefully it goes down to at least $270. That was the price before they announced the split. Back in the good old days.

Would be nice to load up before battery day

Tesla allocation before and after market open

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Anyone playing the bounce?

Buy the trap. That’s how to do it right?

Prob a good time to step away now as it falls back.

I was actually trying to get LAC again but this is the third time of not getting any bounce so frickin quick. :crossed_fingers: a fourth chance below $7 when TSLA drops tomorrow.

What is the next decent support Tesla might have? 275 USD?
Just want to see if it actually stabilises there or if it just collapses through it.

Good support at $66. Bottom of the March crash.

Around that there was strong support (~273).

If it falls through that potentially bouncing off the 200 SMA (which probably would be ~$200).

You can see the RSI line at the bottom of this daily chart (currently 44) well it could dip past 30 if the trend continues.

Screenshot 2020-09-08 at 16.41.27

:8ball: It could be doing the same as the pullback earlier this year.

Screenshot 2020-09-08 at 16.46.57

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Haha I just bought £2,100 of Tesla this afternoon. Will keep pouring in cash every chance I get. Bank accounts are empty.

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Mate, I am worried for you, genuinely…

All aboard, this time next year, we be billionaires. :trolleybus:

@phildawson I am still behind my 292-309 bottom prediction, unless reverse fomo tickles clans.

image

Roughly the range where I was considering, maybe, opening a small position with a reversal confirmation