$Tesla Motors(TSLA)$ and at times bearish..why so? Because for a stock likr TSLA, you do not have to take a bullosh or bearish stand to profit from trading the stock, At every session, you see TSLA share price swings in a range bound of 5 to 10 dollars from the day's low to the day's high. That is why I like to trade TSLA, Just be brace and get in when TSLA hits the low 230or 240ish, set nibble buy at these levels and wait for the price to reverse and take profit. You can buy long or sell short when ttading TSLA and you can easily make a handsome profit getting and and out of the stock throughout a trading session. Brave are those who get amply rewarded for thwir patience. Try this and you can be profitable. I had and will continue to use TSLA wild swings for my benefit. Yes, this strategy works only for TSLA, I realise as the stock is very volatile and can move as much as 10 bucks in a ttading session. With such momentum in TSLA stock prices, you can easily get in, then wait for the price to ttaverse to the other direction and then take profits. Never fail really!
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Comments
By lowering their prices pushes every other EV company to the brink of extinction. This is a mastermind play. Ford and GM already lose $20,000 + per car sold. NO one will be able to compete except for BYD
1hr update targeting 248 here at the .50 level, but ready to take profits if the 1hr stoch rsi gets oversold which ever comes first for me
they are trying hard to hold it down, but it will soon head higher.
Every time one analyst says "Maybe it's time to buy Tesla" and the shares get a little boost, they cut prices. Like clockwork.