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%).