Right on the money with the previous predictions regarding TSLA. If nothing expected occurs, I think that we will now start to go towards the 450 range, in small gain and consolidation patterns.
Comment:
I said in the previous idea, I started a position at 360.
Comment:
Closed position at 397, it rose too fast, I think it will go down a bit. Will buy again, starting from anything lower than 380.
Trade closed: target reached:
Target reached. Buy position closed. Opened a very small short position, as I think it will stabilize back to around 420 (but this is quite uncertain, I put a stop loss to 455).
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Now Trump tested positive for the virus, be prepared for volatility. Remember to sell high, buy low.
Comment:
Today at open I closed my short position, nothing feels better than to have profit both ways. This company was quite predictable, the reason is that a lot of normal people are pushing the price, not greedy whales. There is still a huge amount of potential with this stock. I will post a new idea update probably next week, when there will be less uncertainty regarding Trump's status.
