We are at the golden zone on the way up and the pattern looks more corrective than bullish. be careful bulls because if they cant break this last high its game over and my target is the golden zone for a 1st bounce and ultimately the green box down below.
i watched your eth classic and eos videos. Bought ethclassic after watching at 9 and it is currently %165 up after that vid, and it was up 365%. I enjoy your posts and look forward to them. Totally possible. "At Tesla’s current price-to-earnings ratio, it would take the company almost 1,600 years to make what the stock market says it’s worth"
financialSnail88674
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thanks for your idea.
absolutely agree correction is long due.
however, even though 0.95-0.89 level is very technical and often works, in TSLA we should also consider how people relentlessly buy it no matter what.
like one of my subscribes wrote - TSLA is bound to be blissfully bullish :)
so I would of course consider whole technical picture, at the same time paying attention to levels like 500 - 400 - 300...
always with tight stops, of course.
lol :) This is very hilarious but TSLA diamond hands will buy more shares!
rigorocks
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@bmb74, maybe but if they do and we break the last low they will be holding for a long time.i dont see the point in taking a risky trade like this with so many other amazing setups out there
bmb74
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@rigorocks, Ark invest will lose billions , I think that they have a target of 3K in a couple of years... TSLA is the future if you are willing to hold for 10 years +. This is my thoughts.
rigorocks
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@bmb74, i wouldnt want to hold something for 10 years at a loss.inflation will eat up all of the would be potential gains in half that time. its best to look elsewhere until the bulls or bears pick a direction