TSLA 1/20/21 target range $580-715. Don't underestimate the power of renewable energy. Tesla is not only the clear champion of the ev sector. It dominates the entire US renewable energy storage sector, owning more market share than Generac, LG chem, Enphase, Panasonic & others combined. Not to mention, TSLA solar roof is patent protected & second to none. I expect Tesla's revenue growth to be exponential as we head into the future. Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends...
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action
Volume average
Trend momentum
Current events
Revenue & Earnings
Debt / Cash
Book value
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO
Lack of planning & discipline
Forgetting restraint
Repetitive errors
7 Important tools:
Trading View app
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books
Brokerage UI
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
www.tradingview.com/u/growerik/
*3x lucky 7s of trading 101*
7pt Trading compass:
Price action
Volume average
Trend momentum
Current events
Revenue & Earnings
Debt / Cash
Book value
7 Common mistakes:
+5% portfolio trades
Bad risk management
Emotions & Opinions
FOMO
Lack of planning & discipline
Forgetting restraint
Repetitive errors
7 Important tools:
Trading View app
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books
Brokerage UI
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
www.tradingview.com/u/growerik/
Trade active:
11/13 long calls executed 3:09pm
Comment:
Gap up tomorrow...
Comment:
Great news!!!
"Postdam’s State Office for the Environment approved another preliminary permit for the construction of Tesla’s Gigafactory in Berlin. The EV automaker was allowed to continue building its casting facility for Model Y production. Continued construction work around the foundry has also been allowed."
"Tesla Giga Shanghai produced 22,292 Model 3 vehicles in the month of October, according to vehicle production data from the Chinese Passenger Car Association (CPCA). Tesla’s production numbers came in second in the country after SAIC-GM-Wuling (SGMW), which manufactured 29,843 units of its Mini EV micro electric car. BYD’s production numbers came in third with 22,268 units. "
"Tesla Giga Shanghai’s Model 3 production run-rate already hitting 91% of ambitious 2021 targets"
"Tesla Solar Roof is becoming a legitimate bargain against high-end roofs + solar. The Tesla Solar Roof is actually one of the least expensive in its class of building-integrated PV options. With this in mind, and with Tesla’s tendency to keep innovating, there is a good chance that the Solar Roof will get even more affordable in the near future. This was highlighted by Elon Musk during Tesla’s Q3 2020 earnings call. When asked about that ramp of the flagship product, Musk noted that the potential of the Solar Roof will be evident in 2021."
(credit: teslarati)
"Postdam’s State Office for the Environment approved another preliminary permit for the construction of Tesla’s Gigafactory in Berlin. The EV automaker was allowed to continue building its casting facility for Model Y production. Continued construction work around the foundry has also been allowed."
"Tesla Giga Shanghai produced 22,292 Model 3 vehicles in the month of October, according to vehicle production data from the Chinese Passenger Car Association (CPCA). Tesla’s production numbers came in second in the country after SAIC-GM-Wuling (SGMW), which manufactured 29,843 units of its Mini EV micro electric car. BYD’s production numbers came in third with 22,268 units. "
"Tesla Giga Shanghai’s Model 3 production run-rate already hitting 91% of ambitious 2021 targets"
"Tesla Solar Roof is becoming a legitimate bargain against high-end roofs + solar. The Tesla Solar Roof is actually one of the least expensive in its class of building-integrated PV options. With this in mind, and with Tesla’s tendency to keep innovating, there is a good chance that the Solar Roof will get even more affordable in the near future. This was highlighted by Elon Musk during Tesla’s Q3 2020 earnings call. When asked about that ramp of the flagship product, Musk noted that the potential of the Solar Roof will be evident in 2021."
(credit: teslarati)
Comment:
Will 46th president elect, Joseph Biden, tap Elon Musk for Secretary of Energy? Or at the least, collaborate with Musk on his expertise in renewable energy?
Trading indicators:
www.tradingview.com/u/Options360/
www.tradingview.com/u/Options360/