$Tesla (TSLA.US)$ tesla broke into 700s like I mentioned in ...
$Tesla (TSLA.US)$ tesla broke into 700s like I mentioned in the video uploaded on Sunday. 600s is clearly in the picture by the end of the correction. Ultimately my price target for tesla is at 550 to 600 by the end of wave 5.
Buying the dip here is definitely better than buying it when it was 1000 and 1100 which was what I said 1 to 2 months back. Some felt we won't see lower and 1000 is cheap. But now here we are at 700s.
I'm objective and not emotional. When it is a clear downtrend and distribution, I stay off the buy side until it clears. Good news is we are almost over. Hang on tight for few more weeks of sell off and we will see a good nice rebound on tesla. I have tagged the video below for you if you need your entry points at support levels.
As always trade safe and invest wise!
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SkyITLimit : 1st time buy put option and I bought Tesla![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Bought at 860 strike price. Thanks for sharing your thoughts. If not won't have tried buying options. Last night bought NVDA put also.
Thank you so much for your guidance.
Investing 101 OP SkyITLimit : No worries.
msg86 : follow![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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Jessy 10 : So this trend analysis, is it possible to start buying April Call option?
Investing 101 OP Jessy 10 : Yes
Jessy 10 Investing 101 OP : Thank you,
.
Investing 101 OP facaimeow : You talking about primary, intermediate or short term wave 5? Primary and intermediate 5 is at the top yes. Short term 5 is way below current levels.
Investing 101 OP facaimeow : I have a crystal ball like many said.
Investing 101 OP facaimeow : I have been giving my analysis but only those who choose to read will benefit.
Jessy 10 : Do you think baba will pick up tonight?
Or is it expected to go down again tonight?
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