Myantman101

Beware Of Tesla Tidal Wave

Long
NASDAQ:TSLA   Tesla
Tesla has been rising high and is about to go even higher Friday 6/9 after GM announces use of Tesla charging stations. Beware this tidal wave will crash eventually but it will be a more subtle correction. We should expect Tesla to drop 2-10% in a single or multi day correction next week. After this correction Tesla should remain stable and continue its steady growth pattern. For short term traders Friday would be a good day to cash out for those who are only riding the wave and not in it for the long run. As a real estate investor who raises funds in the stock market with Tesla being 1 of 10 stocks in my Real Estate portfolio, I plan to increase my Tesla position Wednesday next week. With a currently very small position that is up 20%, I am looking to 5x my position Wednesday. So when you hear me talk about selling the position, that is strictly for those looking for a quick guaranteed profit. As a bullish Tesla investor I look forward to future explosive growth. This is strictly an opinion excerpt written by Anthony Ruggiero ( Myantman101)
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