I'd be surprised if they went right back into shorting a meme stock so quickly. This almost certainly something else, probably autistically driven. Wonder how many people who took out loans to buy gme at 300 are going to fall into the same trap.Sounds like the short sellers tried to go back to the well on GME/AMC too hard/fast?
That same play on the market dump earlier in the week would have netted you a full 80 point bounce off TSLA 100 day MA.Full disclosure: I have an order in to buy TSLA at the 100 DMA of $625. Luckily for me it bottomed out at $686 and went back north of $700. Yes, I know this isn't the brightest idea I have had lately.
Why do you think I put it in?That same play on the market dump earlier in the week would have netted you a full 80 point bounce off TSLA 100 day MA.
Talk about missing out, LOL
Talk about missing out, LOL
I was eyeing the exact same thing, but SPY bounced off the macro trendline and TSLA was still miles away from the 100 day, I knew it wouldnt happen. Today is a slow bleed day, where earlier in the week was just a sharp irrational sell / bounce.Why do you think I put it in?![]()
and even as we speak TSLA down retesting the morning low...I was eyeing the exact same thing, but SPY bounced off the macro trendline and TSLA was still miles away from the 100 day, I knew it wouldnt happen. Today is a slow bleed day, where earlier in the week was just a sharp irrational sell / bounce.