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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 396.31-0.6%Dec 31 4:00 PM EST

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To: carranza2 who wrote (168641)2/16/2021 5:23:15 PM
From: TobagoJack  Read Replies (2) of 218913
 
In the meantime ... either going to company-specific breakout or waiting for macro-market cratering. Very exciting as the option clocks tiktok one after another to end-March. I think TSLA can do either, but not before time is up.

TSLA needs to buy more BTC and maybe even Canaan, to vertically integrate :0)

zerohedge.com

Tesla - done nothing since the first week of Jan

BY THE MARKET EAR

TUESDAY, FEB 16, 2021


Source: Refinitiv

Source: Refinitiv

Source: Artemis Capital Manegement

Is this just a consolidation on highs, before Tesla decides breaking up again, or is this a distribution phase where the ones that missed the entire bull move have bought the cult here and are waiting with an increasing feeling of frustration? Despite having timed bitcoin well, Tesla is trading offered (of course the BTC trade is tiny, but you could have expected Tesla to gain some hype from that trade).

800 remains the line in sand level to watch.
50 day is down at 757 and is the first support, but ideally we would love to see 690 ish, where all the passive funds went long for the SPX inclusion.
For Fibonacci lovers, 23.6% retracement is right at that SPX inclusion level, see chart 2.
The third chart we showed a few weeks ago continues to amaze us...
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