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Tesla And The Play Of The Week - An Easy Read.

Here is Telsa's five day chart. Can you see how it spiked to the upside on Friday morning before it tanked? Can you see how as the day progressed it dipped down to the support level of the $210.00 range? Here is its one day chart. Now this. Lucky in all this action are all those individuals who purchased one day Puts on Telsa in the first few minutes of trading. Look at how these Puts reacted. The lows of the day happened in the first few minutes of trading. Look at the pecentage gains. In the last example a $1.00 option went to $190.00 in one day. Catching one trade like this could make up for twenty bad trades. What's all this talk of Ai trading? Moves like this could blow up the exchanges if thousand of trading platforms could recognize this could happen. This was one of the best option trading opportunities of the decade.
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Mullens Again - Dangerous Unknows

I am coming off a $100.00 gain on Mullins an electric vehicle company I recently talked about. It's a hot potato. Some might say $100.00 is just a piddle. Here me out.
Here is the trade I did, this time in stock, not options. "In and Out" in one day and out at 6:01 a.m. Why was I up so early? I was in a tent in the dark during a rainstorm camping on the other side of the world when everyone in that campsite was sleeping. I caught a small bounce. Getting out in the premarkets got me out near the top of the day, higher than what the stock traded for on the 9:30 a.m. opening bounce. One of the things I noticed about playing this stock is that they show you premarket bids and asks. That can be a bonus. Premarket trading can sometimes be your best friend. My sell ticket was "at market" and on the purchase I specified the purchase price. "At market" is not scary with stocks trading this kind of volume.
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........................................................................................................................................................ Here is where we are at a week later.
This little bounce was a repeat performance of what happened one week before. It's one to think about. Maybe. * Mullens again.
Now look at the number of shares outstanding. It's a bit of a train wreck but it is kind of an interesting story.
With so many shares outstanding and with a need for constant amounts of new money this one is a dangerous hold. ** More mid February bad news. Inside selling and raising more money. Two things you don't want to see.
This continuous to be a stock to watch.

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