$Tesla Motors(TSLA)$
No long-term trend exists without pullbacks, and it is TSLA's personality to have aggressive shakeouts, but also continue to grind higher - especially out of multi-year consolidations. My position as of today is +120% which gives me a lot of cushion to allow it to work and not interfere in most cases.
Are we near a top? Maybe.
Did the long-term trend just officially start? Maybe.
Theres no way to know but with a cushion in a leader like this I will try to give it the room it needs to breathe. It's not going to go straight up, some days will be hard to sit through, but as long as this uptrend is intact, aggressive pullbacks may also allow me to add to the position.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.