Thursday, 10 November 2022

I capitulated...

 Stocks

  • Since Mon, TSLA has been on a down trend with approx 15% over 3 days.



TSLA



  • On Tue, EM filed a form 4s which showed sale of stock since last Fri which resulted in massive dump over past few days.
  • Share price reach new 52 weeks lows every single day over 3 days but as of 2143 10/11, CPI came in at 7.7% yoy instead of expected 7.9%.
  • Someone capitulated again at 181.90 for 2923 shares, what a loser.



  • TSLA went to lows before shooting up together with majority of markets, thing is EM hasn't addressed future sale of TSLA which I believe share price is just a temporary rally.









  • TSLA currently sitting at +5.4% as at current time 2146.
  • Will be selling naked calls to next week if rally sustains, meanwhile will be waiting for more updates on TWTR overhang.

Life
  • Invited to Tiger Brokers for special dinner in 2weeks time, said to be for networking but who am I?....pkl


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