Tesla
Long
Updated

Tesla

Take 2
MT4 chart covering price action after getting adjusted after poting idea not very good, so reposting : )

Looking pretty hot alright, at the moment, pull back is highly probable back into the channel, before heading higher, Morgan Stanely Analyst estimate high price has been reached, this happens mostly on Average price of the last 4 Analyst but this one the highest.

Should I get out now
Look for red Dot on MACD indicator,best early signal, you can set in Alerts "MACD Higest/Lowest".

Watch for price crossing down over Volume Point of Control you will need to adjust.

Analyst...........Days Ago....Price Estimate
Morgan Stanley:-...-11... ...$1,200.00
Wells Fargo:.........-15.......860.00
Finviz:........... ..Today......$787.04

Ave Price Est:....... $949. 01
Higest Price:........$1,200
Current Price:.......$1,229.91
Over Shot:...........$29.91

Earnings date: 20/10/2021
Days since: -16

Rsi : 87.9% ….. (Caution at 80%)

Income last 4 years
2020: B : $3,468,000,000
2019: M : $690,000,000
2018: M : -$862,000,000
2017: M : -$976,000,000


Revenue Growth Rate (5Y): …. -3.48%
Net Profit Margin ( ttm ): …. 11.24%

Have a nice day : )

Lets see how it plays out.

Do not risk what you can not afford to lose.
Note
2 Upgrades for Tesla

Nov 8th: Jefferies $1,400 = 20% increase
Today Nov 10th: Dan Ives $1,800 = 54% increase

Pre Market up 2%

Profit taking happened yesterday look for break above recent high and continuation of strength.
Or

Buy the Dip that appears to be what the big boys do but then again it's not their money it's their clients, but seems to pay off 90% of the time.

Wait for the cross of trendline and or good old MACD green dot, set Alert on 15 min time frame for better entry.
MACD Highet/Lowest

: )

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