TSLA does the upcoming RoboTaxi announce change things LONG
TSLA has the accouncement upcoming. Price will pump for sure. Will it then dump or
change the trend altogether? The forecasts are there. The tea leaves and crystal balls
will tell the rest of the story. In the meanwhile, I will take long trades to play this in
the immediate term. One million taxis making $250 / per day every day per each is
serious potential future growth perhaps at the expense of UBER and LYFT which may get
a bearish bias in the short term on this upcoming announcement. Playing the news
sometimes works.
change the trend altogether? The forecasts are there. The tea leaves and crystal balls
will tell the rest of the story. In the meanwhile, I will take long trades to play this in
the immediate term. One million taxis making $250 / per day every day per each is
serious potential future growth perhaps at the expense of UBER and LYFT which may get
a bearish bias in the short term on this upcoming announcement. Playing the news
sometimes works.
Trade active:
TSLA is up 6% since the idea posted and today is a down market early in the day.
Trade is risk free- stop loss changed to a trailing 3 % stop loss to account for ATR
/volatility.
Trade is risk free- stop loss changed to a trailing 3 % stop loss to account for ATR
/volatility.
Trade active:
Trade active:
TSLA put in a good day. RoboTaxi new catalyst helps.
Trade active:
Trending and moving up continues- one a higher time frame- TSLA appears to be in an inverse ( upside down) Cup and Handle pattern now printing the handle.
Added 25% to the shares and took another call option for 175 for mid July .
Added 25% to the shares and took another call option for 175 for mid July .
Trade active:
Partial profits taken at 178.6. Watching for a fade from the news catalyst Fib zone
support may dominate and reject a fall.
support may dominate and reject a fall.
Comment:
Comment:
Comment:
TSLA rising from a double bottom. Added 20% to the position. Call option for
200 for mid Spetember added as well.
200 for mid Spetember added as well.
Comment:
Trade active:
Trade active:
TLSA had a big move up as traders were impressed with the minimal severity of the earnings miss. Those who played earnings with a long trade did quite well. My patience has been rewarded.