FreeRangeMustard@lemm.ee to Enough Musk Spam@lemmy.worldEnglish · 3 days agoTesla Stock is back up from 217 to 250. How?! We were on such a great downward trend.message-squaremessage-square6fedilinkarrow-up112arrow-down10
arrow-up112arrow-down1message-squareTesla Stock is back up from 217 to 250. How?! We were on such a great downward trend.FreeRangeMustard@lemm.ee to Enough Musk Spam@lemmy.worldEnglish · 3 days agomessage-square6fedilink
minus-squaretechnohippie@slrpnk.netlinkfedilinkEnglisharrow-up6·edit-23 days agoThis is something very common in stocks. In a bear market it is called a “dead cat bounce”. Most probably it will go back to keep falling in a few days, if not tomorrow, unless the trend changes which would be very surprising to me.
minus-squareTar_Alcaran@sh.itjust.workslinkfedilinkarrow-up1·3 days ago it is called a “dead cat bounce”. Because everything will bounce if you slam it down hard enough. Not the nicest term though
This is something very common in stocks. In a bear market it is called a “dead cat bounce”. Most probably it will go back to keep falling in a few days, if not tomorrow, unless the trend changes which would be very surprising to me.
Because everything will bounce if you slam it down hard enough. Not the nicest term though