iBankCoin
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

Morning Views

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PSUN is a long idea, being a short squeeze play in the retail sector with a healthy chart, first below. I mentioned this on the past few video recaps, and it is hard not to like it above $4.

Next, Tesla is bouncing this morning. Given how much of a high beta issue it is, a move up to $117 and then $120 even would not surprise me. But if bulls fail to reclaim that area I expect another sharp rollover in this sell-off.

Be it correlation or causation, the market’s momentum issues are apparently still trading, by and large, in sympathy with Tesla.

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PSUN

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TSLA

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2 comments

  1. Sooz

    scaling the badlands..
    oh yes..
    😉

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