
$Tesla(TSLA.US) dropped nearly 5 points yesterday, and today it needs to pull back to at least 479-482 to have a chance. My suggestion is that friends holding calls expiring this week should reduce positions if they can when the price surges. If you're not willing to give up, wait for a drop before trading back. The best strategy for the stock today is to wait and see, and only sell, not buy. Those familiar with the stock's behavior can also do more trading. From the daily K-line, the downtrend has already started, and the momentum is quite strong. Moreover, yesterday's surge triggered many long position stop-losses (Example 1: From intraday observations, when the price dropped to 473.8, it instantly became 472.6. This is because there were hardly any sell orders between 472.8-473-7, and all sell orders were stop-losses for long positions at 472.6, with all buy orders executed around 472.6). So if today's recovery can't reach 479-482, the bullish trend is basically hopeless, and we'll have to wait for the next bullish trend to emerge before looking for opportunities to break upward. If this pre-holiday breakout doesn't reach 500, then we can only look to the end of the year. The positive news has pretty much all been released, so risk control is key.
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