This apple is getting rotten

Updated

LOTS of greed. Good for short term pumps but eventually things are going to go bad. It's still on short term trend to hit 199 and maybe touch 200, but I'd be careful of a drop and then a bounce back as we start to head lower. If we reject off 209 and it's looking like 214 isn't possible, look for 184.

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Idk, but I'd probably start to lower risk depending on your position sizing, and overall strategy. Tesla earnings can definitely cause a huge final tech pump tomorrow before retracing the last week of the month and gearing up for the next push.

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Big drop, but no reason to be afraid, there will likely be a strong bounce from this drop. Follow the trends. Bulls have support to buy, however, be sure you're taking profits along the way. Yes, you do have strong support as a bull, HOWEVER, some of these drops to get to that support can easily margin call an overleveraged account.

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Be ready for a rejection part 2 down to more stable levels. Bottom side of green trend is favored bearish per this chart. good luck everyone, hope the chart helped so far!

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Hope the chart is helping! I'd be patient at these levels. Wait for it to confirm a trend, this could easily be a "fake" pump into the news.

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I would probably enter a trade into this dip. Somewhere around 169-165 (164.72?) should catch some kind of short term bounce to at least 182.

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We got the move from the 169 range to the 182 price target. It's hard to say but I almost want to think that we'll see more downside as we hit around 154. I would buy into that dip should we see it.

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We are at the 182 target. Careful above this range, use caution. Pull profits quickly. I like the move to 154, but I can't tell the timing.
I would still buy into this dip should it occur soon.

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Uh, I think it's still bullish atm. I think we see 209 next week.

nicktussing77

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