Submitted by DaddyDersch t3_zzdlbg in wallstreetbets
KKrum41302 t1_j2bvwro wrote
TSLA deliveries may unironically set the tone for where we open Tuesday, similar to the beginning of this year.
I’m a little wary of taking away too much from this week’s action just because of the amount of technical bullshit going on (tax loss selling, fund rebalancing/window dressing, JPM collar, little economic data/fedspeak, low liquidity, etc.). But it definitely feels like we’re gonna break hard one way or the other once January is underway.
My own personal bias is break down, but that weekly chart is looking kinda bullish ngl
DaddyDersch OP t1_j2by9w0 wrote
Everything this week should have resulted in a pretty significant breakdown but that did not happen.... we could be in a consolidation period still but i am bullish
tendieful t1_j2d9xdz wrote
“Chart looks bullish”
You belong here
Viewing a single comment thread. View all comments