TSLA nice

    Posted by matt on 21st of Jul 2022 at 12:06 pm

    TSLA - Chart Link- nice trade - yes it gapped - but it was a breakaway gap - meaning it gapped over resistance out of the pattern - those are bullish and are gaps you can chase

    TSLA - Chart Link-

    TSLA - PE is 110,

    Posted by DigiNomad on 21st of Jul 2022 at 01:24 pm

    TSLA - PE is 110, which is coincidentally the exact number of competing models coming to the market in the next year or so (per analyst on CNBC today).  These hundred plus PE stories always end in tears...or at least years of marking time to unwind the valuation (e.g. AMZN). Will be interesting to see if TSLA gets the easy deflation over time  like AMZN or if it eventually gets slammed to finish out this bear cycle. 

    Yes - once this move

    Posted by steve on 21st of Jul 2022 at 01:52 pm

    Yes - once this move up completes (still targeting early August) then get a life raft 

    Short term looking for a decent pullback from around this area (here to gap fill area)  - then watching to see if higher low forms (if so then a push to 4200 to complete) 


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