Looks exactly like beyond meats chart last July. I sold most of my shares but will definitely be buying back in, in a few months. Might take that long for this to unwind.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Looking at charts instead of looking at the company behind is not the best way to invest.
But I may be wrong, and we are just part of a simulation.
Actually it's Robbin short for Robinhood.
Try to steal from the rich (TSLA longs) and give to the poor (shorts).
ev-enthusiast
Active Member
I'm estimating that we'll be settling in the high 600's and low 700's.
So it sounds like you aren’t a day trader. In that case I generally wouldn’t advise selling now. Indeed, look for opportunities to buy as it goes below you selling price of 700. Tesla as a company is a very good long term growth stock. But really, only you can decide what to do since none of us knows your financial situation and mentality. Stock forums are good for acquiring information, they aren’t good for finding advice on how to trade in your personal account. Everyone’s portfolio and objectives and risk tolerances are different.
So my advice is to just read, learn, and make up your own mind.
StealthP3D
Well-Known Member
I'm thinking this looks like one of those days where the daily chart will look like a "V".
What about a Z, or an O?
Surprise surprise! We're trading at.... wait for it.... exactly $700! Who would've thunk 
This +/- 20% ULTRA volatile stock has suddenly become timid.
Couldn't some big boy take advantage of this, and try to accumulate a couple million shares at prices guaranteed to be at or below $700? Until the market makers break that is.
This +/- 20% ULTRA volatile stock has suddenly become timid.Couldn't some big boy take advantage of this, and try to accumulate a couple million shares at prices guaranteed to be at or below $700? Until the market makers break that is.
Krugerrand
Meow
No, she ignored it because it is a furphy. (That must be a Strine word. Basically too incorrect to bother with disputing.) Money is fungible, it is ridiculous to attribute the profit to any single source. If they hadn't made the cars, they wouldn't have received the regulatory credits.
Like I said I didn’t sell all my shares. But to ignore the fact that charts do trade in certain patterns is also not the best way to invest. Especially with this very unusual run up.
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