SHORT -> Sorry Elon Musk :-)
ENTRY: 675.00 USD
TARGET: 418.00 USD (+38% profit)
STOP: 795.00 USD
3 PROs: Growth, increasing sales, top finacial situation
3 CONs: overrated, profitability in need of improvement, not predictable
1.) I can see a strong support zone above 409.00 USD. A buy here makes sense.
2.) The latest upward trend faced a strong correction to the 61% Fibonacci Retracement, with losing momentum. If we fall below 650.00 USD the downtrend may continue as shown in the chart!
2.) Tesla will have a strong development of business activity over the next few years. They are in a solid financial position. Sales expectations and profitability goals have increased.
3.) Predictability is difficult in regarding the company's business activity.
4.) At the current price level, the company has an extraordinarily high rating. The valuation of Tesla for the current year is at 218.08 X earnings / share.
5.) The traditional and established automobile manufacturers are picking up speed and presenting their new electric vehicles. The competitors are catching up.
ENTRY: 675.00 USD
TARGET: 418.00 USD (+38% profit)
STOP: 795.00 USD
3 PROs: Growth, increasing sales, top finacial situation
3 CONs: overrated, profitability in need of improvement, not predictable
1.) I can see a strong support zone above 409.00 USD. A buy here makes sense.
2.) The latest upward trend faced a strong correction to the 61% Fibonacci Retracement, with losing momentum. If we fall below 650.00 USD the downtrend may continue as shown in the chart!
2.) Tesla will have a strong development of business activity over the next few years. They are in a solid financial position. Sales expectations and profitability goals have increased.
3.) Predictability is difficult in regarding the company's business activity.
4.) At the current price level, the company has an extraordinarily high rating. The valuation of Tesla for the current year is at 218.08 X earnings / share.
5.) The traditional and established automobile manufacturers are picking up speed and presenting their new electric vehicles. The competitors are catching up.
Trade fechado: stop atingido
Aviso legal
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.