Rational Fear & Greed

Whenever fear & greed are at an elevated level, there are no rationales to stock value. This is exactly what is happening to TSLA, similarly to NFLX, AMZN and many Web 1.0 stocks back in the dot com bubble. No one say you have to like it or accept it, you could just watch and learn how the game plays out over and over again. So whether you are in the TSLA trade or simply being a spectator...ENJOY the game (even if you know how this game will end). If you are in the trade, I wish you will make a lot of money and be able to keep them. Good luck traders!

(click on the chart to get an enlarged view)



Disclosure: No position on TSLA