So this is idea #2. Potentially what a next cycle of successfull innovation could bring.
As opposed to my first idea on tesla, which points for lower stock price, and failed innovation.
Simply put, we are in a consolidation. Break up or down will be dependent on tesla innovation, or failure.
Until consolidation ends, you could use it to position yourself. if this is the bottom of the range why not buy the stock?
A stoploss could be below the last swing low.
Otherwise, ride it to the top of the range and de-risk or yolo higher.
As opposed to my first idea on tesla, which points for lower stock price, and failed innovation.
Simply put, we are in a consolidation. Break up or down will be dependent on tesla innovation, or failure.
Until consolidation ends, you could use it to position yourself. if this is the bottom of the range why not buy the stock?
A stoploss could be below the last swing low.
Otherwise, ride it to the top of the range and de-risk or yolo higher.
Find it here.