Long

It might surprise us

Updated

While everybody is asking why the sell off yesterday and now switching to bear mode, this one is doing its thing. I think the market has punished enough this stock in short term, and investors are buying. The strategy here is buy some now, if it drops to the base of the large triangle buy more (around 145), if on the other hand breaks up the falling wedge buy again and hold until price touches the upper vertex (200 or so). SL very wide 120 or so.

Note

The market did it again. It pushed the price down the deeper support:

Earnings tomorrow. If you like Tesla this is the perfect time to add.

ArturoL

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