TSLA reported record profits and fell 3% in after-hours trading. Another surprise announcement was that the company had sold 10% of its stake in Bitcoin, to prove the liquidity. Musk said he retaining his personal investment (0.25 bitcoin if my memory serves me correctly).
Bitcoin is holding in no man’s land…. Above the $50k psychological level, but below the 50 day moving average.
Markets are grinding higher posting new record highs yesterday. I’m keeping an eye on the Russell 2000 to see if it can catch up.
India is in rough shape with Covid infections. Doesn’t appear to be affecting the markets yet.
Futures are up. I remain bullish with my main focus on OTCs.
TMST watching for a setup above $4.20
GALT has support at $4.20
XXII is on watch
MVIS is on watch
TGB has support at $2
MNMD has support at $5 (MMEDF uplist)
OTC (on watch, no levels):
GGII, HMBL, RETC, ABML, GVSI, WTII, OZSC, BBKCF, AITX, CBBT, KYNC, LKYSF