kingdips

TSLA watching for 255-253 again today

Short
kingdips Updated   
NASDAQ:TSLA   Tesla
This move is highly unsustainable for QQQ - I called a bull run this morning @ 10 AM. We are up +2% almost on SPY SPX DIA - watching for pull back now on buyer weakness and reality setting in.


But why TSLA? Why not NVDA or AMD ?

  1. TSLA had "bad news" today
  2. With a market pull back, TSLA will get smacked the hardest. Maybe even back to 250.
  3. Risking $40 on 0dte to potentially make $200. High R/R.

I ran out of minds so posting here.

Comment:
I decided to swing some puts instead:


I'd rather be wrong here than be caught in a bull trap like everyone else.

The fact they can't push it above 262 means it's manipulation today and can't get past previous highs. Not even yesterday's highs.

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