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eagle.one
Oct 24, 2018 2:00 PM

If profitable than TP 380 USD Long

Tesla, Inc.NASDAQ

Description

If profitable, than probably a so called short squeeze, which would be unpredictable and volatile and might reach 380 USD by Friday.

Friday, publication of 3Q US GDP, which I suspect would be very good. Tesla on purpose changed the publication date in order to publish at the same day when the market would be positive.
So I suspect double pressure: 1. profitable company + 2. positive 3Q GDP = 380 USD by Friday midday.

Comment

bought at 290, TP: 380

Trade closed manually

Short squeezing isn't so rapid. So I am closing the position at 337 USD.
Comments
eagle.one
positive 3Q GDP was very positive 3.5%, but even though us500 is going down :)
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