HolleyIG

Good TA & FA for Tesla

Long
NASDAQ:TSLA   Tesla
I'm added 50% more into the current Tesla postition based on the chart signals below.

1H
● Price consolidation across the 200EMA

4H
● Price consolidation on the 50EMA
● Multiple doji Heikin Ashi candles
● Two buy signals overlayed
● Postitive momentum on RSI & MACD
Early signs for a good entry for a larger bullish swing

I will add another 50% when the 1D signals flash up.

Fundamentally, Tesla posted another earnings beat for Q1'22. Est 2.26 Act 3.22 +0.96. Profit margins are also up this quarter by 13%. Interesting debt ratio has steadly decreased each quarter of 2021 to less than 50% (act. 49.17%).

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