Since my initial post, TSLA has lost usmuch as 24% of its total value.
Do not expect new highs anytime anytime soon. At best it will flip-flop at these levels for a while. Again this is the best case scenario.
Fundamentally TSLA is way overvalued. it is not even something anyone can debate rationally.
Despite the horrible fundies, I did offer a buy signal early on for a nice 40% gain plus based on technicals and Euphoria. Chaart below.
Do not expect new highs anytime anytime soon. At best it will flip-flop at these levels for a while. Again this is the best case scenario.
Fundamentally TSLA is way overvalued. it is not even something anyone can debate rationally.
Despite the horrible fundies, I did offer a buy signal early on for a nice 40% gain plus based on technicals and Euphoria. Chaart below.
Trade active
While I do have another updated chart up, it is important not to forget the initial call I made calling for a correction. Since then I have called for a full-on reversal.TSLA has now lost 1/3 of its entire value. OUCH!
Note
BOOM!
Real Macro Economic Investing
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Real Macro Economic Investing
patreon.com/Realmacro
patreon.com/Realmacro
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.