To The Moon

$Tesla Motors(TSLA)$  The release of the Cybertruck pricings has not moved TSLA share price much as had been expected. On day of delivery of the vehicles to buyers by Elon Musk personally to each individual buyers, albiet the first few only, TSLA shate price fell to the low 230ish but the next day the price stayed above 230 and closed at 238.83 and rose to 240.19 during post market hours. This can only mean one thing, that there are a huge number of buyers of TSLA shares at the low 230ish. Strong support is seen when it dipped below 230.  I would continue to pick up Tesla shares below this level.

Buy on the dips neber fail for me as TSLA is a huge momentum stock and prices swing from one end to the other. Day traders ride on this price swings and scalp for profits. For me, I have been scalping TSLA left, right and centre for profits. Let TSLA share price ride and when it settles the level you geel comfortable, go pick up the shares. You need to have conviction when buying this stock at your price. Do your due diligence, pick up on the dips and stay patiently for the upturn. 

Yes, I do believe TSLA would hit 300 again in the not too distant future. Hence, for my long term account, I would keep picking the stock at the lows.