TSLA uptrend has begun
First and foremost, the fundamentals have me excited for TSLA. Consider the following:
The truck will be released soon (trucks and crossovers are the best selling auto categories)
They're selling more cars than ever
China Gigafactory will be online soon (largest market for EVs on the planet)
Exemption from Chinese tariffs
Potential for full self driving
They're rolling out their insurance business
Solar panels/Powerwall is gaining momentum
Then consider the technicals. Nothing fancy. No obscure oscillators. Just simple, bread and butter trendlines. This definitely looks like the time to buy TSLA. (I'm long and will be buying even more when the indexes start cooperating)
The truck will be released soon (trucks and crossovers are the best selling auto categories)
They're selling more cars than ever
China Gigafactory will be online soon (largest market for EVs on the planet)
Exemption from Chinese tariffs
Potential for full self driving
They're rolling out their insurance business
Solar panels/Powerwall is gaining momentum
Then consider the technicals. Nothing fancy. No obscure oscillators. Just simple, bread and butter trendlines. This definitely looks like the time to buy TSLA. (I'm long and will be buying even more when the indexes start cooperating)
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