Tala
$TSLA SHORT!!!!!!Looking like $TSLA will hopefully come up to around $220.00 before taking a huge sky dive. As well can see with this daily wedge formation starting.
I doubt price will be able to make it to the top of the channel before collapsing that is why my entry target is around $220.00.
I am estimating that a horrible earnings report will send Tesla's stock down to around $100 a share. Theres a potential of earning $120 a share on this short.
Why do I think $TSLA will go down??
It's simply over valued, there cars are expensive to make, they can't make the cars fast enough or on time and Telsa has not been profitable YET! Not to mention they have a huge spending problem with there Giga factories and new acquisitions.
All of this concludes TSLA is way over valued and I am looking for a position on the Short side around $220.00.
UI | Cashflow: 8.5% on SOLAREDGERETIREMENT ACCOUNT HOLDERS
If you have this stock $SEDG NASDAQ:SEDG
Stock screener protocol is good except the earnings date falls on 2nd August. Take care of it...
Chart is looking good. Buying low as it bounce on TREND LINE. And in next few days, possible cross over of green on red and white MAs. See the chart NASDAQ:SEDG
Aug 16 18.00 call is 1.60 which is 8.5% (unassigned return) and 4.4% (assigned return)
Be Awesome
Raj
CIO
Unconventional Intelligence
Risk: Enter at your own Risk. Investment mindset differs from person to person. Method may not be suitable for your investment objectives.
Disclaimer: I don't provide investment advice, I'm entering the market with my own account.I don't try to accurate in entry, because most of the time I or my client own this stock, so we only look approximate change in trend. It is not necessary you have to do the same.