The company is still unable to make money, with Long Term Debt/Equity ratio of 2.13 and Net Profit Margin of -4.30% I do not expect this to change any time soon.
Even stronger quarter cannot compensate for more executive and staff departures, that are apparently picking up speed again, with reports saying the electric-car maker has lost its head of Europe and a...
The spread in bonds yields between Japan and New Zealand has narrowed, likelihood of correction is high. Going LONG with tight stop-loss and good R/R ratio. Overnight swap is positive, so we can keep position for long time and still will be making money even with miscalculated direction.
Price action and volumes clearly show the rally is over-extended, the time for correction has come. Trade duration between up to 20 days. Competitive edge is the fact that swap is net-positive on short positions at most CFD brokers.
Short is the only option, current political situation and trade negotiations between US and China seems to worry markets, therefore Yen is seen as safe-heaven currency.
Trade duration between 3 and 5 days.
Trend analysis shows that upward movement is over streched. Possible correction is ahead.
Tight Stop Loss and 1/4.5 risk/reward ratio for the position with duration 3-4 days. Keeping in mind the negative swap over the balance.