TSLA is retracing back to the levels where it fell off a cliff. Crappy company, financials, and leader = short opportunity. Good luck
Why? cause I don't like TSLA or Elon and his businesses. I think they misrepresent their numbers. Lets see if I'm right. This is purely a fundamental play for me. I'm willing to wait for capitulation. So be careful out there.
EPS looking good, great earnings, volume inflow, SPX looking bullish. Lets try and ride this baby to the top!
Sector rotation, rate hikes, mortgage fraud, wage stagnation, overvaluations blah blah blah. Bubble? Don't know, don't care - just trading whats in front of me. I follow trends, not make them.
Great earnings and people seem to know it. Based on price action, I placed a reasonable price target. Placed my limit order - lets see if I get a fill.
Volume is now very high. Looks like the market is just pulling back before ripping. I already have my average and hoping to sell at listed target price. Lets see!
Volume has picked up and trend established. Going long over 3.7. Holding until around marked profit target.
Great earnings, volume pick up, broke resistance. Lets see where this one goes.
Volume and trend play. Volume has picked up and priced dropped significantly with market pullback. Lets see where this ride takes us. In at 9.20. PT and SL defined in chart.