javaid awan
37 posts
The $VIX at 18%. Sorry, I don't trust this fake January rally based on... based on what again? hehe
#StockMarket
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$TSLA this structure is very confusing and when it's confusing, I lean down. But no short yet. I need to see momentum fizzling out before entering any short. My shorts at 265 in July and 250 in September were not entered just because it has "run up so much."
I was wrong regarding gross margin.
Due to low financing deals in all market, Tesla's ASP went down by 4-5% in Q3 but their COGS went down even faster than that so gross margin improved by a lot.
However, that's irrelevant to my chart read as, even though I thought that GM would go down, that notion never formed the basis for my chart read so neither should an improved GM.
TSLA is trading at 258 right now and I'm gonna say that the level and the gap up have caught me off guard and made the chart very confusing. Initially I thought even if ER was a miss, it would still bounce to 225-240 before turning down again.
I'm going to wait and see if it can trade above 265 now. If it does, then I'll keep waiting for more clues but won't be looking to add short with my 180 thesis anymore.
This ER was really good - this is real good news - but somehow the stock is still trading below its RT-hype top in September so, for now, the good fundamentals still doesn't seem to be the main driver yet. Let's see it breaking out from 265 first before making new plans.
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$TSLA when I say "if you see 190 in the AH, buy it", I'm actually worried you might get scared by a bad earning and miss the dip. That's me providing assurance before bad things happen in case they happen, not me saying bad things will happen.
I bought calls.
Will start blocking at first moronic comment now.
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Redbridge, England 🇬🇧 English