These are just my thoughts on TSLA. I was sharing with Scott Redler (from T3live) on TWTR about the bullishness of TSLA (when) <not if> it broke out of the weekly / monthly sideways distribution phase that TSLA has been in since 2014.
From here, $375 is a very realistic target, maybe even for 2017. Be bullish on TSLA for the next 2-3 years. I'll come up with a wager at some point on this one, but look to buy the dips and protect the downside with protective puts rather than stops.
I know it's a pricey stock and for those who might not be able to afford it, at least keep it on your watchlist for day trading opportunities in the future as the direction is sound.
Dean asked "Do you think TSLA's high borrow rate will power it higher? Lotta people losing their lunch money" I answered yes. A lot of shorts who are shorting here because TSLA isn't making "positive revenue" are going to get hosed.
For those who had shares, NICE covered call timing / expiration also.
From here, $375 is a very realistic target, maybe even for 2017. Be bullish on TSLA for the next 2-3 years. I'll come up with a wager at some point on this one, but look to buy the dips and protect the downside with protective puts rather than stops.
I know it's a pricey stock and for those who might not be able to afford it, at least keep it on your watchlist for day trading opportunities in the future as the direction is sound.
Dean asked "Do you think TSLA's high borrow rate will power it higher? Lotta people losing their lunch money" I answered yes. A lot of shorts who are shorting here because TSLA isn't making "positive revenue" are going to get hosed.
For those who had shares, NICE covered call timing / expiration also.
評論:
This is the bigger wave 4 posted above.
評論:
Per the above analysis, seems certain to me, we are still in the wave 4. Bullish to neutral on TSLA, waiting 1-2 more months maybe for the bull break out.
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