tradingflywheel

Anyone looking for a bet in TSLA

tradingflywheel Updated   
NASDAQ:TSLA   Tesla
Hi people,
Thanks for dropping by. This is me speaking to myself again. Today we talk TSLA. Any Support for this EV maker?
As we all know TSLA, not only do they make EVs, they spend their day innovating and making Solar panels, Energy storage and also recently so rumour about making HVAC system . What am I thinking about? I feel TSLA will disrupt the market, especially in the automotive market, green energy solutions and maybe even airconditioning and Smart homes.

Back to charts
Since the outbreak of coronavirus have hit US, majority of the US shares are down and TSLA is one of the lucky few to hover around the EMA200 line. It has broken downtrend line, but I still wish to see more trend confirmation, price making a higher low and higher high. Before dropping more bets. Stochastics seems to be swing up as well.

Let me have you comments!
Comment:
Next Target: 800, 1000
Comment:
30th April:- Target of 800 reached. TSLA have reported Q1 result. Earning surprised investor with a 1.6M net profit. This is all thanks to a few pointers. Even for low production MOdel Y managed to squeeze out profit. Regulatory credits, etc. TESLA main archilles heels will be Fremont factory, earlier production starts the higher chance for TSLA to be profitable in Q2. Crown jewel of Q1 result was Shanghai factory with good production numbers from Model 3 and Y.
Comment:
TSLA shoots up on 7th May (fri) on news on Giga Fremont open. However Alemeda county has since stopped factory re-open. There could be a negative price impact on Monday as Elon threatens to sue and move factory to Texas.
Comment:
TSLA price is squeezing it way through 900s. If there is a successful breakout, we will see 1000 very soon!
Risk: Economy reopen bad news, Covid 19 fears again, Battery day dissappointment

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