Everything is converging for a STRONG bounce in the coming weeks. I dont see TSLA ever going below 180. In fact, I am a buyer at 200 just to be safe.
Technically, TESLA looks good. Oversold on the RSI. How long has TSLA ever been so oversold? Well, take a look. Almost never.
RSI is hinting at reversal as is the general chart trend.
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Non-technical things:
-- If you buy a new car today, and it is NOT a Tesla, you are making a terrible investment (in my opinion-- facts based).
-- TSLA is so far ahead in what they are doing. All car companies will follow (they are) but wont ever catch up to TSLA. If cars dont switch to electric, theyre toast.
-- My gosh, anyone is calling TSLA as bogus and overpriced is not a science person. This is so obviously the future. Youre shorting the future of the auto industry if you short tesla. You wont win at that.
This is not financial advise. PLEASE comment your thoughts and any disagreements below. I would love to hear them!! Im sure they would be helpful to anyone else. Obviously, this is a one-sided analysis, bring the other sides in!
Im so long on TSLA, I think its price will be over the 1000$ point AT SOME POINT.. Could be two years could be 10. Who cares, this car company is the future, its leading everyone with it.