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Tslalong

UPDATE on the MOTHER OF ALL WEDGES (TESLA)What I'd like to see now: -The fill of the gap at 775 -A retrace to the broken consolidation area -The fill of the gap formed today at 700 Here is where I will add more shares to my Tesla position (trying to make Tesla 65% of my portfolio from 60%) -And then a continuation to A: break the wedge and go back to 800+. Or B: Consolidate between 720-780 range waiting for Q2-3 catalysts. What do you guys think? My portfolio was really happy with TSLA, PLTR and BTC today
NASDAQ:TSLALong
by Fed02
2
TSLA is always a long for me!Most people don't know how to evaluate a company. They take one good look at Tesla and think because the PE ratio is high that Tesla should be given the corporate pariah status. Tesla is much more than just a car company, it's an energy company and a software company. I also keep hearing people say that Tesla's competition is coming. They use GM, Ford, Hummer and other ICE vehicles manufacturers in order to perpetuate this false narrative that Tesla will reach a detrimental phase. While its true that these ICE vehicles companies are transitioning to electric vehicles it doesn't necessarily mean that they will be profitable. Let's not forget that Tesla is the only Electric vehicle manufacturer that has actually turned a profit. What's more, the so called "competition" has only released proof of concepts and models to showcase what's to come and some of these cars are only coming out in 10 years. The only true competitor for the vehicle segment of Tesla is teleportation. I'm always long Tesla. If you like what you see why not support us? 👇
NASDAQ:TSLALong
by jeromepower
2
TSLA another 61.8 fib rejection on the dailyWe again tried to break the Fib extension at 61.8 another rejection at the 706.8 level. We are looking at three possibilities 1. a return to the .5 fib extension 2. a bounce off the fan trend line 3. a short-term consolidation and a breakthrough the 61.8 if congress extends the tax incentives for EV's to TSLA (and GM) for cars over 200K. This would bring huge buying potential to new cars and new production orders in the US market for the M3 and MY as their base models fit in that area. Over the long term we are still bullish on TSLA and hope to be in the future. TSLA is more than a car company...
NASDAQ:TSLALong
by swimmax
TSLA heading towards ATH and will continue the trendLooking at the chart, its clear that Tesla has bounced very nicely off the gan fan 1/1 line. It has followed this trend quite nicely and each time it tests this line, it tends to break out and continue it's move back up. I like this trend and continue to see it following this range box. As you can see, we should break out to the upside, looking like we may even see $1300 price tag if the trend is our friend. We also have the hull indicator turning green while the price has regained the EMA 12 line.
NASDAQ:TSLALong
by queserasera_btc
2