Week #50 - Tesla Further Down As Markets Consolidate This Week
After a solid week last week, the general volatility decreases and indicates a more normal week. Fair chance the week ends green, but at the same time, this is the level where last week's bounce-up ends and things either fall or move sideways. With no support below $1000, Tesla will face a make-it-or-break-it week. Our bet is we will see Tesla down to $880. DocuSign netted almost 20% profit in last week's trading tips, but we go even more speculative this week, looking for an opportunity in risky BABA and LCID.
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