ASK ARORA: GAMMA SQUEEZE ON TESLA ENDS – ROBOTAXI DELAY

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By Nigam Arora & Dr. Natasha Arora

Nigam Arora answers your questions about investing in stocks, ETFs, bonds, gold and silver, oil, and currencies.

As much as we would like to answer questions individually, it is simply not practical due to the large volume.  When a question is asked by several subscribers, the question is answered here.

This is the response to your questions.  Here are the key points:

  • Gamma squeeze in TSLA stock has ended.
  • Gamma squeeze was responsible for most of the recent rise in TSLA stock.  From a technical perspective, TSLA stock has faced a key reversal.  This is a negative pattern.
  • Robotaxi announcement has been delayed from August 8th until October.  The next key event is TSLA earnings on July 23rd.
  • UBER and LYFT stocks are jumping on delay in TSLA robotaxis.
  • UBER is in the ZYX Buy Model Portfolio.
  • The next technical support is $231 – $237.
  • Call buyers in TSLA have been crushed.

Gamma squeeze is an important market mechanic.  Understanding market mechanics can give you a big edge.  Due to their high value, professionals keep intricacies of market mechanics close to the chest.  The best way to learn market mechanics is by listening to the podcast in Arora Ambassador Club.  If you would like to be on the waitlist to join the Arora Ambassador Club, please click here to fill out the form.

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This post was just published on ZYX Buy Change Alert.

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Nigam Arora

Nigam Arora is known for his accurate stock market calls. Nigam is a distinguished master of the macro. He is a popular columnist with over 100 million page views, an engineer, and nuclear physicist by background. Nigam has founded two Inc. 500 fastest growing companies and has been involved in over 50 entrepreneurial ventures. He is the developer of Theory ZYX of Successful Change Management and is the author of the book on Theory ZYX, as well as the developer of the ZYX Change Method for Investing.

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Dr. Natasha Arora

Dr. Natasha Arora has significant expertise in investment analysis especially biotech, healthcare, and technology. Natasha is a graduate of Harvard Medical School followed by a postdoc at MIT. She has published several peer reviewed research papers in top science journals.

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