Short
GOEV - Another One For The Rekt Bucket
After some Walmart hype that pumped GOEV it now looks ready to come back down and continue the bear market.
Fell blow 20MA and now the more important 50MA + a big gap down from the hype pump.
This is an easy short BUT because it is low in trend it is imo for defined risk only and so I have bought ATM Jan 2023 puts. Not LEAP because I think there will be a significant selling climax sooner and so no need to overload the extrinsic cost.
It may re-test the 20MA - who knows but this should be an easy short I think.
Not advice.
Fell blow 20MA and now the more important 50MA + a big gap down from the hype pump.
This is an easy short BUT because it is low in trend it is imo for defined risk only and so I have bought ATM Jan 2023 puts. Not LEAP because I think there will be a significant selling climax sooner and so no need to overload the extrinsic cost.
It may re-test the 20MA - who knows but this should be an easy short I think.
Not advice.
Note
Great start here, going very well 😸.Note
This one worked well.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.