Tesla stock is trading in the green but do not be fooled this stock still has a ton of downside. I can see tesla hitting lows of 150 if the nasdaq market begins to sell off!
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So quick recap on the day, let me go ahead and start sharing my screen. Uh, took a short originally a long on Dwac, ended up locking and profit way too early, then became very overbought open to short and as right now, $7,300 is what? I'm up on Dwc on coin Open short. Um, covered pretty early. Walked away with $8,400 So now it's becoming a little bit more on the overbought side.

Uh, once I close my coin. Uh, my Dwc short. I'm going to probably open this one because I see the downside potential as coin has been more bearish than it has been bullish. So just go with the flow of the overall.

Market Tesla Tesla's first green day since reporting earnings and pretty much trading sideways I Do want to remind you that again: one green day does not define a market reversal. This is a step in the right direction. but this does not mean that Tesla is going to recover from here. Things can definitely get worse before they get better.

So if your intention is to try to be calculated with your entry and only trying to enter when there's actual indication of an uptrend, I Don't think today is that. I Think it's too early to tell and especially because of how the NASDAQ Market is performing today after the Pce report not sure if you guys were aware of this Pce report. Pce prices personal income spending came in. Personal spending also was reported.

All came in as expected except personal spending came in at 7% versus the expectation of 4% So when big Tech reports earnings next week, if we do begin to see some selling pressure on NASDAQ understand how that can correlate to more selling pressure on Tesla When the S&P 500 and NASDAQ Market begin to sell off, they carry markets down with it, so do not be surprised if NASDAQ Market begins to sell off that so can Tesla enjoy your weekend again, Have peace in mind, there's no re reason to open an early position. There's a saying that I always share with my Lpp team and that is I would rather be someone that is late to a rally than early to a sell off which I think is a great perspective to have with what is going on right now with Tesla feel free to share your thoughts down in the comment sections um uh for me, but if you have any questions whatsoever, feel free to send me a direct message via Discord or via Instagram And again, if you want to be able to watch me trade live as soon as Monday right now we are running 50% off Lpp 2.0 and that is the second link in the description down below. It's our biggest sale. It's never going to get better than this.

So I Hope to see you there And like always, let's make sure that we end the year on a green note. Take Care Team.

By Stock Chat

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23 thoughts on “warning the huge risk of buying tesla stock right now!!!”
  1. Avataaar/Circle Created with python_avatars @investingforbeginnerscommunity says:

    I hate when I sell to early and leave money ๐Ÿ’ฐ on the table.

  2. Avataaar/Circle Created with python_avatars @Eddie-gb3bn says:

    Late to a rally and early to a sell-off are equally as bad, lol.

  3. Avataaar/Circle Created with python_avatars @argentinarodriguez4170 says:

    Tesla to 50.00๐Ÿ˜ฎ

  4. Avataaar/Circle Created with python_avatars @bhimthapa55 says:

    Hey Ricky, donโ€™t you think NFLX overpriced?

  5. Avataaar/Circle Created with python_avatars Hola! @zadisma says:

    every time I decide to short tsla. it goes the other way. and every time I long tsla it drops like there's no tomorrow. I set stop loss, it hits and I'm out of day trades. When I don't set stop loss overnight it… yup it drowns in pool of blood again

  6. Avataaar/Circle Created with python_avatars @daninspiration4064 says:

    Tesla isnโ€™t going to 100 ..160 lowest

  7. Avataaar/Circle Created with python_avatars @HAIDARAVEN says:

    Donโ€™t worry guys the less the stock is the less it will cost you CUCKS โ€ฆ.to return his loss of 60+ billion Musk lost for a 420 joke(twitter)โ€ฆ.. so he doesnโ€™t tank it even further by taking his ball(AI,Teslabot) and going home leaving it being a mediocre car company worth maybe $40

  8. Avataaar/Circle Created with python_avatars @anubhavberi4753 says:

    I bought 1000k tesla yesterday.

  9. Avataaar/Circle Created with python_avatars @Dan-gy2rk says:

    100 my ass rick. Why even click bait that whennu dont know if it will bounce from 180-185 back to 225 or not

  10. Avataaar/Circle Created with python_avatars @juancyroman7108 says:

    Miracle you never loose money , bravo๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

  11. Avataaar/Circle Created with python_avatars @Cutzamala says:

    Is bill gates still holding those puts on tesla?

  12. Avataaar/Circle Created with python_avatars @FredDiBiase247 says:

    What indicators do you use?

  13. Avataaar/Circle Created with python_avatars @madelinebenjamin3998 says:

    stop these shorting videos for Tsla stock.

  14. Avataaar/Circle Created with python_avatars @Dieuminhco says:

    Time to credit spread on Tesla guys

  15. Avataaar/Circle Created with python_avatars @ElJefe360 says:

    Great video Ricardo!!

  16. Avataaar/Circle Created with python_avatars @sparkle3000 says:

    Everything Elon touches seems to die.

  17. Avataaar/Circle Created with python_avatars @JayDKBGames says:

    Dollar cost average long term hold you wont lose buy buy buy

  18. Avataaar/Circle Created with python_avatars @SebConte202 says:

    Trading is hard af RIcky. It's like you have a superpower that allows you to make money at will, insane $15k just like that ๐Ÿ˜ฑ

  19. Avataaar/Circle Created with python_avatars @steves2241 says:

    Hey Rickey, what do you think of SPY and META, would you buy them, and are you invested in either one of them.

  20. Avataaar/Circle Created with python_avatars @markettrapstar says:

    you post this right when im considering going long on TSLA at 180๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚๐Ÿ˜‚

  21. Avataaar/Circle Created with python_avatars @nibaprinceghislain4526 says:

    Invest what you are willing to lose ๐Ÿ˜Š

  22. Avataaar/Circle Created with python_avatars @coachscott5771 says:

    Thanks

  23. Avataaar/Circle Created with python_avatars @adeel4u says:

    Tell that to Cathy wood bro ๐Ÿ˜‚

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