Hey Trader,
please see my current idea on the Tesla Stock, where count suggests a possible bottom. This is due to the fact, that price action is currently moving in a flat correction. We already hit the first correctional target and are now off to the second one as marked on the chart.
Fundamentally, Tesla has reported impressive quarterly earnings over consensus. Musk also informed that Tesla is going to focus more on the Tesla Robot and that this will be next huge project for the firm. Investors sold their shares as first reaction to this news, which in my opinion was an overreaction. As Musk said, this could be a huge possibility for the Firm since Robotics can be the market of the future. I like the fact, that Tesla is not just going to be a Car Company and I am therefore bullish on the stock.
Please share your thoughts, for further information see below.
This is no financial advice.
RT
please see my current idea on the Tesla Stock, where count suggests a possible bottom. This is due to the fact, that price action is currently moving in a flat correction. We already hit the first correctional target and are now off to the second one as marked on the chart.
Fundamentally, Tesla has reported impressive quarterly earnings over consensus. Musk also informed that Tesla is going to focus more on the Tesla Robot and that this will be next huge project for the firm. Investors sold their shares as first reaction to this news, which in my opinion was an overreaction. As Musk said, this could be a huge possibility for the Firm since Robotics can be the market of the future. I like the fact, that Tesla is not just going to be a Car Company and I am therefore bullish on the stock.
Please share your thoughts, for further information see below.
This is no financial advice.
RT
Comment:
Superb reaction on our target so far.
