$Tesla Motors(TSLA)$ what a ripper rally last week! Got caught off guard 🫤 sold a covered call that went deep in the money sigh 😞 I will have to keep rolling it out very far in time to sell it at a higher strike. With such bullish price action the bottom is likely in. If you are bullish on tsla every tiny dip is a gift. I believe tsla will make a new high by June before selling off as investors take profits to invest in SpaceX IPO. Are you buying tsla stock or waiting for SpaceX ?
$Tesla Motors(TSLA)$ tsla filled the gap at $383 just as predicted in my previous posts. I do not think that this is the bottom, price action has been very weak as it keeps getting rejected by the 20 sma. Earnings are coming, unless Elon can pump the stock it will go lower as fundamentals are getting weaker. Maybe he will reward tsla shareholders with SpaceX stock who knows. I believe he will defend his buy zone at the low $300s. What is your prediction for earnings?