Sign in Subscribe
Magnificent Tech Stocks

Tesla (TSLA) - Edition #2

Luis Ricardo Guizado

Luis Ricardo Guizado

— 1 min read
Tesla (TSLA) - Edition #2

Short term Neutral

The big giant seems to be waking up!

  • As mentioned in our previous newsletter, there was no point in making longs at resistance. 

Now what? 

  • Price took the previous highs which is a good sign, but unless we manage to fully break above $265 we’ll remain on the sidelines. 
  • Everyone’s suddenly bullish on Tesla now and what’s the worst/ best scenario? We dump and smart money buys in. 
  • In case we do get a bigger retrace, at around $180 this will be an ideal long entry and the bullish structure will remain the same.

As always, we’ll keep updating on trading ideas. Do not FOMO in and always remember to dollar cost average your way in.

Click HERE to review our complete TSLA - Edition #1 newsletter.

Disclaimer

Not financial or tax advice. Zelf Trade is not a financial institution. No content on this Newsletter is financial, accounting, legal or tax advice. Zelf Trade content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Read more

Not financial or tax advice. All statements and expressions are the sole opinion of the company and are subject to change without notice. The Company is not liable for any investment decisions by its readers or subscribers. It is strongly recommended that any purchase or sale decision be discussed with a financial advisor, a broker-dealer, or a member of any financial regulatory bodies. The information contained herein has been provided as an information service only. No content on this website is financial, accounting, legal or tax advice. Zelf Trade content is strictly an information service and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions.