TSLA: Hit our target! Is it time to SELL?
Hello traders and investors! Let’s talk about TSLA today! We hit our target today, and we must update our key points.
On Feb 24, TSLA confirmed an amazing buy opportunity, and I set a target at $ 920. One month later, we finally hit our target. The reasons why TSLA was a buy at the time are very simple, and I’ll explain why. Either way, if you want more details, here is my public analysis from Feb 24:
First, TSLA confirmed a bullish reaction, just at a support. Usually, in moments like this, retail traders and amateurs will panic. Second, TSLA always filled the gaps that appeared above the price, 100% of the time. Meaning, it was a matter of time for the gap at $ 920 to get filled.
At that time, many people came to me saying it is the time to sell/short TSLA, and I know many people who did that, when TSLA was below $ 800. To me, that was always a good point to buy, and if you ask me, I think now is the time sell (not below $ 800).
Of course, there’s no confirmation yet, but TSLA just hit the $ 943 (red line) for the 5th time, and the 9:30 candlestick was a Shooting Star. If TSLA triggers this shooting star, it could trigger a pullback to its 21 ema at least, and that would be a real sell sign, and I won't judge you if you do that.
Despite the possible pullback in the 1h chart, the daily chart still looks great. We triggered a bullish pivot point, and the next target is the $ 1,115. The volume is good, and the trend is bullish now. This means that any pullback seen in the 1h chart would be just another opportunity to buy.
I’ll keep you guys updated, as usual, so remember to follow me to not miss any of my future analyses on TSLA and other stocks.
On Feb 24, TSLA confirmed an amazing buy opportunity, and I set a target at $ 920. One month later, we finally hit our target. The reasons why TSLA was a buy at the time are very simple, and I’ll explain why. Either way, if you want more details, here is my public analysis from Feb 24:
First, TSLA confirmed a bullish reaction, just at a support. Usually, in moments like this, retail traders and amateurs will panic. Second, TSLA always filled the gaps that appeared above the price, 100% of the time. Meaning, it was a matter of time for the gap at $ 920 to get filled.
At that time, many people came to me saying it is the time to sell/short TSLA, and I know many people who did that, when TSLA was below $ 800. To me, that was always a good point to buy, and if you ask me, I think now is the time sell (not below $ 800).
Of course, there’s no confirmation yet, but TSLA just hit the $ 943 (red line) for the 5th time, and the 9:30 candlestick was a Shooting Star. If TSLA triggers this shooting star, it could trigger a pullback to its 21 ema at least, and that would be a real sell sign, and I won't judge you if you do that.
Despite the possible pullback in the 1h chart, the daily chart still looks great. We triggered a bullish pivot point, and the next target is the $ 1,115. The volume is good, and the trend is bullish now. This means that any pullback seen in the 1h chart would be just another opportunity to buy.
I’ll keep you guys updated, as usual, so remember to follow me to not miss any of my future analyses on TSLA and other stocks.
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