Tracking Tesla is an exhilarating experience, thanks to its significant price fluctuations, the attention it garners, and the charismatic presence of Elon Musk. The momentum of this electric vehicle powerhouse seems unstoppable.
This year has truly been a wild ride for Tesla! It started with a dramatic 30% drop in stock value during the first quarter, fueled by worries about falling revenues and challenges with vehicle profit margins. This was Tesla's toughest quarter since late 2022. However, as we look at the current situation, the company's financial and operational performance is on the upswing. The enthusiasm and optimism surrounding this stock are off the charts.
Fortunately, we successfully capitalized on the two major movements from the peak of the previous cycle in 2021, leading us to the current extraordinary surge (or perhaps more fittingly, a "Marsshot!") that both the stock and Elon are experiencing.
This year has truly been a wild ride for Tesla! It started with a dramatic 30% drop in stock value during the first quarter, fueled by worries about falling revenues and challenges with vehicle profit margins. This was Tesla's toughest quarter since late 2022. However, as we look at the current situation, the company's financial and operational performance is on the upswing. The enthusiasm and optimism surrounding this stock are off the charts.
Fortunately, we successfully capitalized on the two major movements from the peak of the previous cycle in 2021, leading us to the current extraordinary surge (or perhaps more fittingly, a "Marsshot!") that both the stock and Elon are experiencing.
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#TSLA #ELONBullish engulfing on the weekly.
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All the way back down for a retest of the breakout and the #HVF funnel. Targets help to reduce the emotions and to help with lighten positions in moments of Euphoria.
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#TSLA great price. Back in the funnel.ノート
Cathy Wood has a $2600 target for #TSLAMakes my Target 3 seem very reasonable ;)
I suspect the #Tesla / #SP500 ratio is gearing up for another launch into decade end.
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W pattern on #TSLAノート
#TSLA W in candlestick formhas structure for an attack on $400
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#TSLA revisits T2
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