yujingr

Tesla. Lost of Momentum.Unlikely to trend upwards in short term.

yujingr Updated   
NASDAQ:TSLA   Tesla

Bulls of Tesla, beware. Good price level to dump stock and take profit.

There will be opportunities to long Tesla, at a lower price level, but not now.

Tesla is a great growth stock. Current price is relatively "Fair", but this is not a level that I would consider buying at.
Comment:
typo - "Loss of Momentum"
Comment:
Tesla been trading sideways, as expected.

SpaceX's launch today won't affect Tesla. But watch for Boeing if you are interested.
Comment:
SpaceX's successful launch has no significant financial impact on TSLA. This bull run to 899 is over hyped and I expect a pullback coming soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.