New investment for MondayTwitter investment idea:
Okay so last time I posted about this company was when Elon was taking over the company. We did get a big boost then and I was thinking of buying some shares once the price was back down a little bit and all of the hype was calming down a little.
When we have a look at the chart now we can see that the big sell of in the stock market that we got last week was the right thing that we needed for this company. At the moment we are in the 40 range and that is the range I was looking at in the beginning to start investing into it. We can see that the big gap we got from the news is fully closed back so we can start to see some normal volume coming into the company for the next weeks I hope.
I am going to see and wait for the NY opening on Monday to see what the stock price is going to do. Then after a few hours I will be adding this company to my portfolio. This is a long term investment portfolio so this is not a company I am buying to just make a quick buck. This is a company that I will be holding for at least 5 years. Once the price is good for the company then I will sell it. So if you are just looking to make a quick buck then I would suggest you to not invest into this company for now because there are way better companies that are going to have big growth in the coming months but not in the long run.
If you have any questions feel free to send me a message.
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