The earnings report was okay to me. I'm not sure I totally get the hype. I mean they did well, but nothing caught my attention and made me say - yes this is the report that send its up another 100% to a $600B valuation! I actually left the report thinking it could chop sideways for a while. But here's the thing...
People have been bearish on Tesla for the...
We know covid is taking hit on companies, yet TESLA is a beast like no other. I'm not bearish nor have any position on this and would just like to give a heads up on levels to watch for on a pull back with earnings. Looking at the order book the past few days I've notice that the only buys and sells were from small investors and the 100 share buys are nowhere this...
NKLA has entered close to a buble correction with it hitting 60% correction with $28 being a 70% correction from the high. I personally bought a portion from my portfolio for a speculative play with NKLA world coming up and earnings coming very soon.
News
-Trevor is more active on social media defending NKLA, yet isn't as comical as Elon
-NKLA with Trevor has...
Still appears that wave B is in and looking for a wave C right now. The bullish 5 wave count hasn't broken down yet ~$1540 so I'm still watching out for that possibility.
Any support (likes and comments) will be very appreciated
TECHNICAL ANALYSIS :
It looks like the stock has run into 2 different technical "factors" at the same time - one of them bullish and the other one bearish .
When it comes to me I see an uncertainty on the market right now (especially the Tesla stock), so I expect a consolidation before the...
It's pretty clear that the market might go up to touch the target point,
And it's obvious that the TSLA activity will never stop,
Buy and feel comfortable,
Have a good golf!
Just an FYI for NIO shareholders.
I thought you would be very interested in this video.
I also think this vehicle is a Tesla killer. I think China will eventually shut out Tesla & NIO will take over the Chinese Electric Vehicle Market.
www.youtube.com
Again, after watching stocks like SOLO, SPCE, WKHS, SHLL, SPAQ, NKLA, NFYEF & AYRO trade at crazy multiples...
Looks like tsla close to top in a wave B. I outline bullish scenario where we continue on to see a 5 wave move and correction. Looks bearish to me right now and if it breaks below 1550 I will turn more bearish
