I believe many people agree that the market is over bought. A pullback is coming soon. I'm not saying it's crushing, but a healthy correction is needed for the market to go forward. I believe this week or next, we'll see a pullback.
If the price went under 300, I will personally buy a small possession.
I will buy more when the direction of the stock gets more clear.
Snowflake is a big and successful company, and I think it has alot more to provide in the "near" future.
Since last week on Tuesday, I knew Tsla was gonna drop to $390. Look at my last idea! I'm already making a ton of money buying and selling put options.
$TSLA soon will go as low as $390, but is it gonna continue going down or it will bounce up?
I'm thinking of buying a put option today strike $400.
Let me know what do you guys think!
The market is obviously over sold and we saw how most of the companies went down, however, TSLA made it even worse by selling 5 Billion shares in order to raise money for the brand new factories.
There are two options for now:
1- Be patient and wait utill the stoke price settle down around 285 and then buy.
2- Buying put option ( strike $320 )
