As surprised as I was by
TSLA, it's worn off a bit. Definitely not as bearish I was - but still skeptical more-or-less. Luckily I've been able to go through chart after chart to find a setup that semi-explained what possibilities there really were with a DUMB wild up-swing in a DUMB wild bear trend.
MRK back in 2015 & coincidentally, even current pattern aligns with
PM & $TSLA. Bearish trend, but a more than bullish re-trace. Downgraded from $113 -> $88, but unfortunately I've seen too many tickers this week (Biotech mostly) that've gotten beaten.
CMD,
FSLR,
NKTR,
BGNE, &
DQ are all of which have lost more than -20% within past two weeks. All of which, have pretty massive institutional ownership (
DQ lowest w/ 34%,
NKTR highest w/ 99%). Seeing as
PM has 74% institutional onwship. we'll see how it goes. Rectangle target price, black WMA resistance.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.