Tesla
Long

TSLA: This is where you buy long term

By IvanLabrie
Updated
Good spot to buy if not in, or add if long.
No leverage, unless adding short term entries.

Cheers,

Ivan Labrie.
Trade active
This is likely where #TSLA bottoms, selling wasn't done yesterday, but today it's a lot more muted so far, and it's the last day of a projected daily decline which seemed to be in control. After the close we could see buying: snapshot
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It looks like #TSLA bottomed as per the last trend signal in the daily timeframe, coinciding with a 3 day window for investors to clear out of positions they held...with no one left to sell, it's poised to rally significantly despite the seemingly bad news snapshot
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If we can climb over the resistance above, we can be really safe in our hodl position in #TSLA snapshot Let's see how it goes.
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Elon Musk made an insider transaction, buying at $300 today. I copied the action following his last insider operation for reference, let's see how it goes. If shorts get squeezed, we can easily land on the $455 quarterly target, rather fast too snapshot
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The expected dip materialized, add here: snapshot
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Panned out very similarly to what I expected, except support was tested at the lower portion of the range, not the middle. Still, bulls contained the selling and now we are ready to march higher.
#TSLA is likely to rally until August, potentially might get some kind of correction ahead of mid term elections in the US, the current chart has a potential weekly uptrend signal yet to be confirmed snapshot Once safe we could look into adding some more to it.
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#TSLA might squeeze all shorts really hard here...if it does, target #1 would be reached in a heartbeat, and it wouldn't shock me if we go even higher...Let's hodl and wait. snapshot
keyhiddenlevelsrgmovtimeatmodeTrend AnalysisTesla Motors (TSLA)
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