meowmeowmeowmeoww
wanna_retire_now
:
the lines are moving averages so the current stock prices have a gap from the MA due to recent bullish trends so i think user meant that there will be more downward correction before the price goes up
wanna_retire_now
:
want to try out call options but really scratching heads though I did read the moo moo learning on basic options.. dont dare to press that button yet
SKYWalkers
OP
wanna_retire_now
:
if that's your vision, you should buy the dips, 300, 250, 200. average out, but make sure it's cash u can afford to be locked up (and definitely don't borrow money, unless u r super good at trading), it's gonna take a while, bring your average down. I feel that it's back to 200-250 channel, unless most investors decided to bump up the channel to 250 to 300, I feel 400..... there's a 2 year cycle in Tesla, 2 years up, 2 years down, currently it's in the tail end of 2 years up, I don't think 2025 is gonna be kind for Tesla, you might have to hold on for some time.
SKYWalkers
OP
wanna_retire_now
:
long term Tesla has promises, although I personally think EVs are due for a market crash, Musk has to pivot to something else to save Tesla.
wanna_retire_now : wah cheem...what does it mean?
SKYWalkers OP wanna_retire_now : it means I feel the price would be more stable 200 to 250/280, where the sells and buys are in harmony and equalize.
meowmeowmeowmeoww wanna_retire_now : the lines are moving averages so the current stock prices have a gap from the MA due to recent bullish trends so i think user meant that there will be more downward correction before the price goes up
wanna_retire_now SKYWalkers OP : ah i see so i should wait a while more to buy the dip to average my cost... what is a good price point to buy?
SKYWalkers OP wanna_retire_now : What's your cost now?
why u wanna buy?
What's your long term vision for Tesla?
wanna_retire_now SKYWalkers OP : my best guess is tesla will go up in the long run (2025)..Ave 340
wanna_retire_now : want to try out call options but really scratching heads though I did read the moo moo learning on basic options.. dont dare to press that button yet
SKYWalkers OP wanna_retire_now : if that's your vision, you should buy the dips, 300, 250, 200.
average out, but make sure it's cash u can afford to be locked up (and definitely don't borrow money, unless u r super good at trading), it's gonna take a while, bring your average down.
I feel that it's back to 200-250 channel, unless most investors decided to bump up the channel to 250 to 300, I feel 400.....
there's a 2 year cycle in Tesla, 2 years up, 2 years down, currently it's in the tail end of 2 years up, I don't think 2025 is gonna be kind for Tesla, you might have to hold on for some time.
wanna_retire_now SKYWalkers OP : ya intending to hold out till 2025 to see the daylight or the sky
SKYWalkers OP wanna_retire_now : long term Tesla has promises, although I personally think EVs are due for a market crash, Musk has to pivot to something else to save Tesla.
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