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Does Tesla need to pull back after surging to 400?

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  • Cenvin : Originally, I thought the 280-315 range would fluctuate for a while and then break through upward, but I didn't expect it to break through 330 soon. Next, I expect the 328-370 range to fluctuate. The pullback is currently unlikely. It depends on how long this range will fluctuate. If the 280-315 range breaks through in a short period of time, then it can go up to 400. Currently, there is no resistance to the price increase; it just depends on how many chips the 328-370 has absorbed.

  • Elon Musk Tesla OP Cenvin : Agree that this time is different from the past not because of better performance, but the overall influence of Tesla and Elon has increased

  • Cenvin Elon Musk Tesla OP : On Thursday, I felt that the stock price would break through 300. If it broke through 300, it would go up to 315, so I bought 315 final shares on Thursday. As a result, the stock price broke through 300 on Friday. I quickly consolidated at 312-315 on the same day and broke through. I also bought 317,320 end-of-day rights during the consolidation period. However, due to fear of high prices, the profit was not maximized, but the profit was 200% already on the same day. I'll still be watching 328-370 next week, and a pullback should be unlikely. As for the current overbought phase, it may be adjusted in the intraday period. The price was to be expected, but I didn't expect it to take so fast hahaha; Bosla is not sure. That's what makes it so fascinating.

  • YuNer Cenvin : Thank you for sharing.

  • Risinginging : It might be hard to get to 400.

  • Elon Musk Tesla OP Risinginging : It depends on whether the agency will support it. It definitely won't be possible to rely on retail investors. Currently, most institutions are short selling. If the company doesn't make any real progress, I feel like it won't be able to go up this year

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