Hi All,
I took position in that stock around $11 area when it broke the trend line.
However, since ELON MUSK decided to decide the sell of the $TSLA stock via poll. It can impact whole EV industry.
Fundamentals:
1. Complete OEM products, They own the tech and amazing team.
2. They're emerging/growing and have different line of products than retail market.
3. Getting funding from government both in CA and US is huge. That implies both government bodies interested in products.
Technical:
1. Trend line broken and it's ready to explode.
Personally, I am owing both CALLS + OPTIONS for this stock.
For now, I am giving a safe target. I hope it goes beyond ;)
I have no doubt that it won't do 10x in coming years.
#DYOR
~CHEERS
I took position in that stock around $11 area when it broke the trend line.
However, since ELON MUSK decided to decide the sell of the $TSLA stock via poll. It can impact whole EV industry.
Fundamentals:
1. Complete OEM products, They own the tech and amazing team.
2. They're emerging/growing and have different line of products than retail market.
3. Getting funding from government both in CA and US is huge. That implies both government bodies interested in products.
Technical:
1. Trend line broken and it's ready to explode.
Personally, I am owing both CALLS + OPTIONS for this stock.
For now, I am giving a safe target. I hope it goes beyond ;)
I have no doubt that it won't do 10x in coming years.
#DYOR
~CHEERS
Trade active:
Target is : 18.46 for short term.
Trade closed: stop reached