I wanted to make mention of a couple of items of interest. First of all is Tesla, which is having a great first day of the year; as of this post, TSLA is up over $110, egged on by strong unit sales of their cars (particularly the Model 3). It has vaulted past its descending trendline, and its next challenge will be to conquer the price gap (marked with an arrow, and further marked with a horizontal red line).
This vault in TSLA explains why my virtual portfolio had a nuclear bomb dropped on it.
Unrelated to this (except inasmuch as Cathie Wood is loaded up to her very long neck with TSLA and crypto) is Bitcoin. I only one to say of this………..if it breaks that horizontal line, the entire crypto space will probably take another big leg lower. I’ve got a SlopeAlert set on it, for no reason other than prurient curiosity.
