TeslaLong
Back to Reason
Just my thought / prediction. I think TSLA initially falls back into the recent trend before the giant spike.
That may go for a bit but then it will likely fall to around $580 before continuing on a more normal path.
I doubt it actually falls to the 450 level again to the more reasonable trend - it has too much behind it.
The old trend prior to profitability is long gone and we won't see those levels.
There will likely be some crazy volatility till it hits that 580-600 level and some nice day and swing trades along the way. Hopefully I can catch some of those.
Once I see that $600 level I'm all in.
That may go for a bit but then it will likely fall to around $580 before continuing on a more normal path.
I doubt it actually falls to the 450 level again to the more reasonable trend - it has too much behind it.
The old trend prior to profitability is long gone and we won't see those levels.
There will likely be some crazy volatility till it hits that 580-600 level and some nice day and swing trades along the way. Hopefully I can catch some of those.
Once I see that $600 level I'm all in.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.