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whiteknightmoving
Jul 13, 2020 1:13 PM

TSLA- Time to Sell? - Throw over of 10 Year upper channel! 

Tesla, Inc.NASDAQ

Description

TSLA - This long term over view chart has provided us a very nice buy back in May 2019 at the lower channel line.
Many of us know the power of the long term channels.
When the price has moved to the upper channel, it is time for us to take profits.
Is there more to the up move in TSLA? - Maybe as the next chart will show details and a zoomed in view.
However the risk for up moves is now getting risky.
suggest take profits soon as the throw over the top line suggests.
Comments
AgedNoob
All are buying for the SP500 potential and the hype. Also, long term Cathie Woods are right. Long BULL!!!!!!
goldenkat
@AgedNoob, still long TSLA :)?
AgedNoob
@katgold, Yes. I belive 2000+ is not far fetched. Todays bumpy road is not the last we will see before Q2 report. I belive there are some big players that want the stock to take a dive for good reasons. Anyway, I'm long and I'm no day trader. So Q2 report. Battery tech talk and SP500 is what I'm looking at before I'm deciding to sell or if this is going to be a 5+ year long Bull for me. If it reach below 1 000 usd around Q2 and SP500 talks I will just buy more even.
goldenkat
@AgedNoob, great , i trade contract till end of this week so will see :) hope Musk drives SpaceX faster :))
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