dchua1969

Piggy back on Tesla

Long
dchua1969 Updated   
TSXV:NNO   None
Automotive industries globally is now undergoing a EV transition. So, if the rate of change picks up, so will this Company, NNO.

Tesla astronomical bullish move has many analysts scratching their heads and trying to convince themselves to put a buy position in it despite its fundamentals. And the likes of Tesla in EV will also be coming up strongly over time as well. When tide rise, all boats are lifted up........

Comment:
It now sits above the resistance level of 1.49 and I am expecting it to go higher. A nice problem is having limited capital chasing too many good trade set ups which falls back to my theory that the market is full of abundance. There is no need to fear missing out a good trade. Ask yourself , are you getting into a particular stock or forex pair because it is popular and a lunchtime topic ? If it is, then you are messing with your own ego for which time will tell if you can sustain in this business. So, if your objective is to maximise profits, never mind if you are trading platinum and not gold like most people, let others give you the stare when you tell them you trade wheat or accumulating Iqiyi stock, one that many do not know outside of China.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.