Great Buy Signal at the bottom of pennant with Stock RSI in oversold territory. Coiling into imminent breakout to the upside intact. $1,500-1,800 price objective per upward channel by EOY.
Agreed, once the emotional traders either get over his purchase of Twitter, the stock will return to normal long term. Regardless of the stock value, the company financials from the latest earnings call speak for themselves. Almost no debt, less than 100 million. Massive increase to earnings per share. From 0.93 in Q1 of 2021 to now at 3.22 in Q1 2022. Well above the prediction. That’s over 3x growth in one year.
MythosStoic
⋅
@MythosStoic and despite that growth as well as the very positive looking future growth, the stock still drops lol. Very emotional trading going on lately, not based in any particular facts or factors that affect the company itself.
Super_B_XinR
⋅
@MythosStoic,Yes, I am ready to update my view on TSLA.
Regardless of the stock value, the company financials from the latest earnings call speak for themselves. Almost no debt, less than 100 million.
Massive increase to earnings per share. From 0.93 in Q1 of 2021 to now at 3.22 in Q1 2022. Well above the prediction.
That’s over 3x growth in one year.