TSLA trades well around the 1000 day moving average.
Purchase close to the 1000 day MA is my suggestion. I suspect the stock to rise prior to and around earnings and retreat to the 1000 day moving average. Keep in mind heavy selling can occur if it closes below the 1000 day moving average. Just look at what happened to IBM last year.
Keep an eye on the DPO and RSI. I'm somewhat expecting an inverted head and shoulders to form here. Keep note of the Brazil election date as well.
Keep an eye on the BRLUSD exchange and the Brazil elections in a few months. This should present a unique buying opportunity.
This is an update to the previous post I did on this stock.
Let us wait and find out what happens over the near term to see if a flag continues to form.
Simple trend line bounce. Good company as well!
FSCT lockup selling has ended! Time to buy is here! www.nasdaq.com
www.biopharmcatalyst.com Strong buying gives me good feelings! Company is working on unique and will make a large impact on treatment.
www.biopharmcatalyst.com Stock should have a strong upside when FDA reports.
Its go time for long positions on AVGO! SilverLake Investments (global leader in tech investments) just purchased $85 million of open market shares. The trend line says it all. AVGO is a money making machine. Not to mention AVGO is likely going to make another pass at QCOM now that its in the crossfire of the US-China trade war. If they aren't able to...