To The Moon

$Tesla Motors(TSLA)$  is tanking together with all the ev stocks while the semiconductor stocks are partying. the $SPDR S&P 500 ETF Trust(SPY)$  and$Invesco QQQ Trust-ETF(QQQ)$  are making new highs boosted by ai. 

tsla at 200 is a good entry point for accumulation. for example if you have 1k, start accumulation of tsla with 100. when it drops say 10% buy another 100. this way, you will have capital to buy more as it dips. 

tsla may continue to fall as spy and qqq pulls back due to profit taking, fed officials delaying rate cut to 4th quarter, higher cpi or ppi than estimated, etc. low can get lower, always be prepared.

in my previous post "ev eating themselves", fed interest rates are pressuring the ev industry and they are cannibalizing themselves.

do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.

merci beaucoup@Asphen and@koolgal for insightful posts

merci beaucoup@TigerWire for interesting topics

merci beaucoup@TigerStars for the award and reviewing our posts