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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: The Ox who wrote (83350)	1/4/2024 3:25:21 PM
From: Sun Tzu	1 Recommendation Recommended By ajtj99 Read Replies (1) \| Respond to of 97957

TSLA has a cult following to be sure. But they have had a massive run up and there are no near term catalysts that I can see. In the absence of that, the Mag7 becomes the Lag7. They are cutting prices, which will lower their revenue forecast. And the Chinese economy is not in its best shape, so they won't be getting any help there either. Overall, the odds are stacked against them. But I have no intention of keeping a losing position. I'm playing it 1% - 2% range at time until a clear trend develops.