My next thoughts on $TSLA
Updated
My previous analysis was spot on (there is always a bit of luck involved). Let's see if I can make a further prediction by developing the same idea.
The catalyst is again the Tesla battery day on the 22nd.
By this Thursday evening, I think a price of around 400 should be fair (depending on the unemployment numbers, and especially California status). This is the moment I think it will be good to start buying.
Afterwards the nearing of the battery day, will push the price up again, to around 475 during the day, but it may be quite a gamble.
Either extremely good news comes out of Mr. Musk's mouth, and the price will go to new highs (540), or news will only be good, in which case the price may crash a bit (again to around 400). Good news on battery day is/will be already taken into account, it needs to be excellent news to push it further.
Some European countries have started school as well, so it might influence what will happen next week (COVID numbers).
Best of luck to all!
I will try to keep the idea updated.
The catalyst is again the Tesla battery day on the 22nd.
By this Thursday evening, I think a price of around 400 should be fair (depending on the unemployment numbers, and especially California status). This is the moment I think it will be good to start buying.
Afterwards the nearing of the battery day, will push the price up again, to around 475 during the day, but it may be quite a gamble.
Either extremely good news comes out of Mr. Musk's mouth, and the price will go to new highs (540), or news will only be good, in which case the price may crash a bit (again to around 400). Good news on battery day is/will be already taken into account, it needs to be excellent news to push it further.
Some European countries have started school as well, so it might influence what will happen next week (COVID numbers).
Best of luck to all!
I will try to keep the idea updated.
Comment
Looks like I was right again, and it will be on the money with the first arrow. Anything around 400, is a good buying spot. Today, until the end of the day is when you should buy. I will be waiting on every drop. I think a minimum of around 380 is possible.Trade closed: target reached
Quite a nice profit gained both ways. Automatically closed at 439, due to the sudden drop. It is a bit too risky to wait for the battery day. I will not be buying back into it until at least Thursday (unemployment numbers, etc.).
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