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Day low $177.77. Take out the 1, and we get a more acceptable price (albeit still overvalued). So for the record, here is my 7.7-month target inspired by the day low (it will probably dip to $175 later): $77.77 Elon Musk is shorts' best friend. Keep him as CEO for as long as possible. I'm...

Neither China nor the US has a legitimate claim to being a country governed by rule of law. Internationally, the US is far worse than China -- after all, the US has been illegally attacking other countries under false pretexts in blatant violation of international law & UN Charter, killing...

It won't do any good if Chinese consumers boycott all American cars (including those made in China). It's not like they have no better alternatives. Porsche Mission E (Taycan) alone can replace all "high end" Tesla's even without any anti-American sentiment that the Trump administration is...

Well, most stocks don't get pumped up beyond all reasons for years. If you manipulate stocks with a clear pattern, the manipulation will quickly fail. Stock operators / big players didn't get to where they are now by being easily decoded. That's why trading stocks is so hard.

Closing in on the $180 mark in pre-market. YES!!! The terminal descent stage seems to have finally started. I'm no chartist but the $180 level is supposed to be a strong support? Anyone looking to game the 6 month Puts with sub $10 strikes? One concrete sign of financial distress, and TSLA...

Time to revisit the $250 level in the coming weeks. I'd say below $250 before or after the next quarterly report.

Another Tesla driver dies in flames. https://www.local10.com/news/florida/broward/tesla-crashes-into-tree-in-davie-killing-driver-police-say?__vfz=medium%3Dsharebar

And Apple is warning on Q1 results due to mounting tensions with China. Time to start getting active and aggressive with Puts. :D

The FBI is the proper authority for doing criminal investigations, even if the subject matter is "white collar crime" involving stock manipulation. Now that's real nonsense. I was trading TSLA. Were you? No, the price didn't go back up the same amount. $338 to $315 in a matter of minutes...

Of course. The news can be a sign / hint that more actions by the FBI are forthcoming in the following weeks or months. While I guess it's possible for TSLA to continue going up in the short term, buyers and speculators will be more circumspect and less aggressive, and they will set tighter stop...

Bad News hit. Criminal probe deepening. Man, that's quick. :D Glad that I got 2 Puts in time. While the investigation is about past production numbers, traders may assume that the current numbers (production AND others) may be suspect. Of course, shorts have long assumed the Q3 numbers are...

TSLA looks really strong even amid a huge market down day. $330 seems to be a given within a couple of days. UPDATE: $330. hit. I'm closing my Calls. Wait for a pull back and consider getting back in.

I don't think reading level 2 is a reliable or even a viable strategy. The human eye and brain simply can't compete with computers. Besides, there are dark pools where big lots change hands.

Would you believe him? I wouldn't. Look at past records. He's probably hoping momo traders, Tesla fans and cultists will help push the stock price north of $360 based on Q3 result so that the convertible bonds can be taken care of with stocks only. I think the chances of that happening is slim...

$330 Hit AH. TSLA is doing its Olympic high jumps again.

There is a small gap around $330. I wonder if that's going to get filled in the next 5 days. Anyone expecting TSLA to go higher than $330? Looks like $330 will get taken out in AH. See if the spike can hold tomorrow.

That's what I was thinking. I just don't know how long it can hold at $320. Musk will probably not be announcing a capital raise within a few days though, but I am expecting big swings up and down the following days and weeks.

So are you long or short? Or both (straddling)? That's not relevant to stock trading IMHO. Wouldn't you agree? I suspect most shorts are expecting a slightly profitable quarter. They just don't believe a one-off good Qtr will make a difference in the eventual outcome. Besides, TSLA may sink...

Can anyone here solve the mystery? https://www.dailymail.co.uk/news/article-6232905/Why-thousands-Tesla-cars-parked-mysterious-locations-country.html

I'd be very careful about going long after such a big gap up. I'd rather buy straddle / strangle than going one direction only, except for closely monitored day trade (I bought Puts at $310.x) As I theorized in a different thread (https://www.elitetrader.com/et/posts/4737203/), I think the SEC...