Asymmetric Tesla Oportunity

519 13
Tesla reacted pretty poorly to the consolidation of the over all stock market. The volatility in the 260-310 range the last couple weeks have been major opportunities primarily driven by HEAVY divergence of sentiment from fundamentals, leading to snaps in the stock. This Buy OP is just another good asymmetric op on TESLA , 240-260 is long term support, which if the overall market consolidates a few % I expect to hold. Additionally, Panasonic announced giga factory is 2 years ahead of schedule, model 3 is best selling car by revenue atm, production targets should be close to being met, elon hints on twitter of profitability. Lots of reasons to believe sentiment could do another snap to the 300 +/- 10. Probably need to put this trade on pre market money if we don't see continued selling.
Oct 25
Comment: good deal
You must be blind not to notice the H&S pattern that's formed as well as most indicators pointing out we're falling hard. But go ahead and Long the stock, someone has to lose for me to gain those profits :)
nicolas123123 raulbutuc
@raulbutuc, bought a call and I'm down 92% - will it go lower than $250? hold? I am shocked.
+1 Reply
raulbutuc nicolas123123
@nicolas123123, honestly, I can't tell you what to do with your own money. Before the market opened today it was clear that we will see a huge drop both based on the news and the technical analysis (I've no idea how people misread charts when it's literally screaming "SELL"). Depending on whether you're on a Margin Trading platform or not, I suggest to analyse your risk/reward situation. There is a chance we will keep going down to the area of $239 tomorrow, but just like today, we could see a slight growth before that happens. I highly suggest you do your own TA and research before taking any action as anything I'm saying is just my personal opinion (so I can't be held liable).
Valentasm raulbutuc
@raulbutuc, Who is laughing now :D.
+1 Reply
JoshKruger raulbutuc
@raulbutuc, Telsa currently is more about judging sentiment divergences and news impact than raw technicals imo.
+1 Reply
cerncris raulbutuc
@raulbutuc, LOL ITS UP TO 350 XDXDXD
I concur with your FA
raulbutuc roosgar
@roosgar, Just as I said in my comment before the market opened... the chart clearly indicated a huge fall.. Don'y know what you're doing with those arrows on your chart man, but that's not proper TA. Look at the ichi clouds, SMA, EMA, BB... You can't long this chart and expect not to be laughed at..
+1 Reply
roosgar raulbutuc
@raulbutuc, says the guy with no TA, lol
raulbutuc roosgar
@roosgar, I do TA privately for my telegram signals channel, not publicly and for free. FYI, I'm trading on FX & Crypto as well for a very long time and the simple fact that you called a "LONG" on that chart tells me you've no idea what you're talking about. Entry on my telegram channel costs 0.2 BTC. If you wanna make profits, hit me up when you can afford paying ;)
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