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I'm not arguing how good/not good FSD is... I only mention the hurdle of "approval" by cities/states, etc.

Of course.. ALL big moves incur 1 or more breakouts.. up and down. The key is to "recognize early, and chase quickly".... so that you can control risk with an appropriate stop. Then again one has to deal with the potential of "false breaks"... a separate topic. I've been in the markets for a...

Up Arrows = Support Down Arrows = Resistance Whether they hold or break, it means something. "Buy Support Sell Resistance Trade with stops"... KISS!! The 19115 price level is a "bear pivot"... a highly reliable play. You'll discover that if you look further into Price TA. If you haven't...

Tesla tanked to $137.. I guess because the competition said they had "cheaper cars". TSLA rebounded when they said, "we will have a $25K EV model soon". Now this rebound based upon their promise for "FSD". Problem with this is the required licensing/approval from ALL 50 states. Seems that's...

Collecting vintage watches an investment play for you our just a hobby?

I've got a still running Seiko Automatic that I bought for $27, in a little shop on Gate 2 Street in Koza, Okinawa, in '68. That worth anything?? (I wear it when I go out dressed up to rub elbows with the muckey-mucks in case anyone inquires about my watch... )

We have (had?) free speech in the US.... one can publish anything they want. It is however, illegal to publish false information when it's to deceive the public for money... (unless you're Big Pharma or the Federal Government, of course).

Yes. Not exactly the same "form", but the same principle. 3X/4X top @ 80, then 2X top at lower high (70).

Well, yes... would offset to a small degree if the trade goes against him. The put premium collected likely small/very small compared to the loss on the stock if it races higher.

Yes, seems an odd question. You (1) short stock expecting it to go down, then (2) sell a put that insulates you from further (beyond the strike) downside??

Selling options (naked) is always highly risky. It's a common practice to sell options (puts) in a perceived "up-market" believing prices will only go higher and the puts' strikes will never be reached... so the seller can keep all of the premium. That's all fine and good until the...

Update... Usually when a support level is going to be good, the market bounces away from it like a scalded cat. Not doing that here, so additional level of skepticism is warranted until shown otherwise.

19700 Resistance held... now what? Support @ 19150 (matched low)? I don't know if it's going to "stick", but it's at least a "might cover short/long" play. If it holds it means something. If it breaks, it also means something.

Risk management is simple. You get a "read on your play", then determine how much you're willing to risk that your "read" is correct. That's where you place your stop. Don't complicate things. KISS!

This setup MIGHT be more important than most of us traders recognize. Identified years ago, I call it the "triple top below a potentially important high". It doesn't occur often, but when it holds it can be big for the downside. Not "pounding the table" saying, "It's THE thaing"... just that...

I have been doubted my entire career... but I still "have the money". :)

Said that too, remember?

Y'all (well, some of you) whined for a "call in advance".... Remember where I posted... "IF 19700 is retested, and IF appears to hold/have held, it's a sell/short". Remember that? (If you don't recall, scroll up a couple of posts.) Well, here it is. You're welcome. I never intended to...

According to many technicians, support = demand and resistance = supply.

You're not asking ME are you? GME is likely just "dead money". And it seems a "fool's pursuit" to short BTC in a "risk on" market environment.