Trendytrend

BUY TSLA at the D MA

Long
NASDAQ:TSLA   Tesla
With NDX bouncing off of the .786 yearly fib retracement, it puts the whole market in a bounce back vibe. TSLA is much lower than others in tech like apple and nvda, so this price looks good to me.
Comment:
Jackson hole (in a few days) last year was "we are going to have to do some heavy lifting to get inflation under control" this time CPI is 3%
Comment:
A fall into 241 support on a low VIX day and bullish news day for equities. On a micro level, the price cuts and acceptance of new gov subsidies has only upsides for sales growth but who knows the impact to overall margin.
Comment:
Planning on holding through earnings, MS upgraded to 400 target and they smashed sales in europe. idk what dojo is but something is going on here
Comment:
Second shoulder forming on a possible reverse head and shoulders pattern. Could gear up to break through 280 with no gov shutdown, BOJ injecting liquidity into the market, and decent earnings print for TSLA in october.
Comment:
double bottom on 212 or else ill have to return some shoes
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