$Tesla Motors(TSLA)$ Tesla, TSLA, will trend lower to below 200 before the shares resume its climb upwards in the coming weeks. The current sentiment for TSLA is weak though it hovers around the 216 and 217 levels. Without any good news from CEO Elon Musk, the stock would eventually hit the bottom to 190ish. In the coming quarters, I expect good news from the EV sector especially from the Chima market where the Tesla market is finding strength going forwards. Further, any pleasant ramblings from Elon on Tesla and the EV industry will propel EV stocks upwards especially for TSLA. Having said all these, I would continue to pile up on TSLA sharess on the dips with more putchase especilly at the 190ish area. Good luck my friends and keep invested in TSLA as its the number one EV stock in the markets the world over.
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Comments
If the stock dips to around $190, it could be a prime buying opportunity. Anticipated news from the EV sector might drive a strong rebound soon.
The stock’s current level suggests a potential decline before it climbs again. Investing during this phase could be strategic if upcoming news from the EV sector is favorable.
Current weak sentiment might lead to a lower dip before recovery. With anticipated improvements in the EV sector, increasing positions now could pay off.
Agree. TSLA still has a great potential of the development.