A date with TSLA! ๐ฏ๏ธ๐
Hey all it's Saturday reflection today I'm in a mood to review on TSLA. After a Thursday sell off ![]()
Friday had just rebounded! ๐
Here are my views on TSLA both Bullish and Bearish about it based on charts remember this is my own opinion not a recommendation.
Bullish sentiments ![]()
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1. You are in for a treat of favour. MA 20 is about to touch MA 250 a highly likely possibility to a reverse to the upside! ๐ ๐ ๐
2. Green indicator on Friday indicating there could be a rebound from the sell off.
3. Other bullish sentiments is that Elon's lawsuit is off and 56bil option plan win making Elon's road to 1T market cap a possibility!
BULLISH PRICE TARGET ๐ ๐ ๐ : up trend from 255 to 265 range.
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Bearish sentiments ๐ป๐ป๐ป :
1. Hate to break it to you but looking at the green there might be a possibility towards a down trend possibly a correction to 215
2. Chart on the weekly ending neutral long doji with a long wick indicating a possible sell down week! Correct to 200.
3. Other sentiments would be Slow down in EV sales and backlog of cars in the factory may lead to unfavourable quarterly results.
BEARISH PRICE TARGETS ๐ป ๐ป : possibly buyback position from 215 to 225.
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My opinion:
This is my to go to stock for trading plenty of scalping opportunity due to the nature of both EV and Innovation by Musk. We are playing a tug of war between 225 to 245 range. I would be threading lightly as well. If you are a holder below 180 congrats you had really spot a gold mine to the future. I'm also looking forward for the robotaxi and optimus being optimal in the future!
All the best! Happy trading and may it ever be in your favour! ๐ฐ๐ฐ๐ฐ๐ฐ
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Casual social trader and investor. Love to read charts for trade and love to read financial report to invest.
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่ดขๅก่ช็ฑ88 : I'll also date Tesla What will Tesla be like in 5 years?
Aaron Invests (AI) OP ่ดขๅก่ช็ฑ88 : My opinion is that TSLA might be in a 2T market cap in 5 years
Mr Pistachio : Robotaxi 1 accident per 1000000hrs versus human 1 accidnet per 100hrs
Aaron Invests (AI) OP Mr Pistachio : Glad you have a strong conviction.
่ดขๅก่ช็ฑ88 Aaron Invests (AI) OP : I read the news every day, influenced by spam, sell, buy, mess up investment income, advice not to read this spam, become rich after 5 years, become rich, and free of wealth after 10 years
Aaron Invests (AI) OP : I trade and hold TSLA I trade because it is profitable and I invest because I believe in the long term gameplay.
Souxiesue : I believe government regulations are going to be the biggest hurdle.