I still see cracks in TSLA, ROKU, and TDOC from summer highs. ARKK was a seller of 200,000 shares ~, and the stock is flirting with wiping out ARKK's entire gains for the year if all 3 of ARKK holdings don't recover. BTFD seems to be ARKK current portfolio, which was also Bill Hwangs idea, her trading friend who led to a market wide collapse through his meme fund Archegos.
Fundamentally it is hard for me to value TSLA above 400$/share, even when accounting for their war chest and potential for 100% YOY growth for 5 yrs.
Fundamentally it is hard for me to value TSLA above 400$/share, even when accounting for their war chest and potential for 100% YOY growth for 5 yrs.
Comment:
Bull/Bear Pull looks like it will resolve in the next week or two.
Comment:
Closed several long and shorts within pattern, still holding longterm puts targeting 550
Comment:
reopened 800/1000C on confirmation of bull pattern.