Tesla stock (ticker: TSLA) is down about 2% in midday trading after dropping 5% on Friday. What's more, shares are dropping while the market is moving higher. The S&P 500 and Nasdaq Composite are up 0.9% and 1.4%, respectively. Took the put at the second red candle when price falls below 193 breaking down the range marked out using the yellow box indicator to short TSLA. The simpler explanation is the stock is down because it was up -- a lot. Before Friday's drop, Tesla stock was up for eight consecutive days. The run pushed shares up more than 100% from the 52-week intraday low of $101.82 on Jan. 6. That has traders and market technicians thinking that Tesla shares were due for a pause. "Take profits on the double into resistance in a month, " wrote Ever
$Advanced Micro Devices(AMD)$ Share AMD as new AI chips in demand. Bullish on AMD. AMD revenue also beats target. More business in demand and expected business to improve in 2nd half 2023. @TigerEvents
$Rivian Automotive, Inc.(RIVN)$ Be careful shorties. All it takes is another contract with a delivery Company to supply vehicles to. Rivian's Amazon$Amazon.com(AMZN)$ vehicles are a perfect Adverisement of success. RIVN is going to be a huge Billion dollar company so load up on shares and hold for 5 yrs. Continue to load as much as you can through the years. You won't be sorry. Ignore the nay sayer shorties, ignore the bearish shorties comments, just hold for the ride.