Tesla
Длинная

TSLA: Earnings report was incredibly good...

Обновлено
Cost cutting from Shanghai gigafactory in the order of 65%, 50% cost reduction for model Y, EPS beat, free cash flow positive and high free cash flow yield, and an increase in margins from leasing and FS and auto pilot software service income might help TSLA going forward.

Despite the amazingly positive earnings report, the media remained negative and bearish as sh#te, which was quite surprising. I smell the short squeeze of the century in the making here.

The quarterly timeframe now flashed a new long term trend, targets are on chart, and are valid unless TSLA were to erase this quarter's advance...Odds of that are slim, to none.

Best of luck!

Ivan Labrie.
Сделка активна
Buy the dip! Last: 313.31

I added to my long term position.
Заметка
#TSLA could go towards the 3rd weekly target between now and Jan 10th 2020, that would put it at $458.27, triggering a massive breakout and potential short squeeze rally from hell снимок RgMov in this timeframe is breaking out ahead of price, interesting signal.
Сделка закрыта вручную
It's possible this was the top for a while. With long term bears converting and shorts getting squeezed, and the weekly trend signal (green boxes on chart) expiring this week by the close, I would recommend to stay out for now. I'll be looking for another buy opportunity later on, on dips or after a consolidation.
Заметка
I think right now valuation is a bit extreme for TSLA, likely to retrace from here, before moving higher over time. I had a few short term trades on the way up, that I didn't report here, but sold out of the last at 644, after earnings.
I'd suggest to wait and let this consolidate before rebuying.

снимок

A retest of 679 or near the last report zone would be a decent entry.
Сделка активна
The retest did happen, I'm long.
снимок
Support held on the dip.
Заметка
I cut my position down by 3/4.
снимок
Заметка
I'm thinking this could be a top, unless there are more buyers willing to front run the potential S&P500 inclusion. After the earnings report it might drop...or consolidate. I'm out since a few days ago, sadly lower, but would not chase it now.
Сделка закрыта вручную
Сделка активна
I think we have some more upside left here: снимок
We already tagged target #2 in the long term chart as per my original post.
Nothing keeping it from rallying towards target #3 next...
Сделка закрыта вручную
снимок
I would suggest to sell your shares.
Заметка
снимок

I recently bot back TSLA, after the split and a consolidation took place. Entered near 406.
Заметка
снимок
Beyond Technical AnalysisChart PatternskeyhiddenlevelsrgmovtimeatmodeTrend AnalysisTesla Motors (TSLA)

🔒Want to dive deeper? Check out my paid services below🔒

ivanlabrie.substack.com/
Мои профили:

Похожие публикации

Отказ от ответственности