MBTrade4

I think we know where this is headed...

Short
NASDAQ:TSLA   Tesla
Tesla is a great company, moon or something, but realistically, economic growth will slow over the next year and into early 2023. The entire market goes in cycles, and we can't expect TSLA to go up in a straight line forever. It's been fine for the past month (and two years) but now is the time to step back. Selling now and re-buying later is a good idea, you can't tell the market time of course but you can definitely buy it at a discount compared to today's price. More will fall. Individual investors are paying a huge premium and arguing that it is due to "enormous future growth."


Entry - $1,080–1,100

TP - 600-700 dollars

Consider buying around $400-500

Not financial advice, just NASDAQ: TSLA Common sense...

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.