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💰 I SOLD EVERYTHING (NOT CLICKBAIT)

43.9K views
•
April 9, 2021
by
Ricky Gutierrez
YouTube video player
💰 I SOLD EVERYTHING (NOT CLICKBAIT)

TL;DR

Ricky challenges viewers to test their certainty in Tesla breaking above $700 by selling his own shares and waiting for a pullback.

Transcript

so i want to have fun with you guys uh this video is not clickbait what's going on team it's ricky with tech but solutions hope that you guys are all having an amazing day i'm actually going to show you uh it's my last 100 shares actually so i'm going to show you sell it 100 100 shares and as you guys can see um i'm down only 1600 on the day and wh... Read More

Key Insights

  • 🖐️ Ricky believes in playing it safe and encourages others to consider locking in profits and preparing for market pullbacks.
  • 🍳 He challenges the belief that Tesla will break above $700, due to past resistance at that level.
  • 🌱 Ricky plans to wait for confirmation of a pullback and buy back shares at a better price.

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Questions & Answers

Q: Why did Ricky sell all his Tesla shares?

Ricky sold his shares to challenge those who are certain about Tesla's potential and believes in playing it safe with resistance levels.

Q: What does Ricky expect to happen to Tesla's stock price?

Ricky expects Tesla to get rejected at $700, based on the past two months of price action and resistance at that level.

Q: Who is Ricky's challenge aimed at?

The challenge is aimed at traders, proactive buyers, sellers, and scalpers, who like to talk about Tesla breaking above $700.

Q: What does Ricky plan to do if Tesla starts to rally?

If Tesla starts to indicate an uptrend and makes higher highs and higher lows, Ricky plans to buy back his shares.

Summary & Key Takeaways

  • Ricky shows the audience that he has sold all his Tesla shares, challenging those who believe in Tesla's potential to buy at the current price.

  • He explains that he feels comfortable with this decision based on resistance levels and the market being overbought.

  • Ricky plans to wait for confirmation of a pullback and buy back his shares at a better deal.


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