Tesla stock has recently lost nearly 50% of its value in just over two months. Now it’s within striking distance of a large downside gap that could act as a tactical target for a bearish bet. But be warned: Many Tesla bears have fallen victim to this EV stock, and shorting Tesla is not for the faint of heart. For those brave enough to consider it, read on.
The S&P 500 just filled a big downside gap. According to CMT AJ Monte, 8/10 times gap fills are followed by reversals. Here’s the breakdown.
Curious about scalp trading? Below, discover the pros and cons of scalping, and a brief overview of the strategies that scalp traders deploy.
You’ve probably heard that gaps in the chart fill 80% of the time. But do you know why that is? Here’s CMT AJ Monte’s no-nonsense explanation. Scroll down for real-life examples, and current UNFILLED gaps in one high-valuation name.
Jon Najarian is a master at explaining complex subject matter using easy to follow metaphors. You’re not “selling puts”, you’re collecting insurance premium. And you’re not “selling covered calls”, you’re a ritzy New York landlord.