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jeanrobert15225
Very bold call, Peter. I hope you are right because I have taken some short term puts at the end of the day on SPY, knowing that we were very near your price exit, but I thought that as you said there were real resistance so why not take a chance. But i did not know, you would be calling a top for this day tonight, so I am happily surprised to hear it.
jshemanski49196
All upside projections met in TSLA, correct?
Peter Eliades
Moderator
jshemanski49196 said:
All upside projections met in TSLA, correct?
On a minimal basis, yes, although the projection window calls for 292.68-310.11. And the downside projection basis the 20 wk offset, nominal 40 week projection remains in effect, calling for 79.56-153.92, or a dramatic decline of at least 46%. Statistics on that offset are not good, however, showing a success rate of only 60%.
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Very bold call, Peter. I hope you are right because I have taken some short term puts at the end of the day on SPY, knowing that we were very near your price exit, but I thought that as you said there were real resistance so why not take a chance. But i did not know, you would be calling a top for this day tonight, so I am happily surprised to hear it.
All upside projections met in TSLA, correct?
On a minimal basis, yes, although the projection window calls for 292.68-310.11. And the downside projection basis the 20 wk offset, nominal 40 week projection remains in effect, calling for 79.56-153.92, or a dramatic decline of at least 46%. Statistics on that offset are not good, however, showing a success rate of only 60%.
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