AVIS - CARIt is still Too Risky investing in this company. The wisest Option is to HOLD.
Technical analysis might suggest that if the level of 31 USD will not be broken there might be an opportunity for a short term investment to go long as per major trend. The ides is to follow the trend only if the support will not be broken and it applies only to a short term period analysis.
CAR
TSLA current stanceKeep in mind - someone much smarter than me said "Markets can stay irrational longer than we can stay solvent"
Do you own DD - I've already made couple of wrong calls. I won't say this is a "bubble" because I don't know what defines a bubble but what market is doing is trying to price in action or "future price" earning expectation now. Consumers don't know what TSLA could deliver so pricing a lot this in is causing a havoc but every day someone like me ends up doing something which ends up fueling the rally.
BUT market always and I repeat ALWAYS corrects it's course.
Also instead of "dotcom" bubble perhaps we are in EV bubble ? haha
Tesla buying opportunityI like the setup still overall. Looks like its moving towards a wave C. Watching for an impulse up and correction to buy or if its looking like bottom in 5th wave. potential bottoms ~1460 or ~1450. count invalidates ~1420 and looking for a change in count. This impulse is based on a weird wave 1 so its not a perfect setup but I like it.