Possibilities for Tesla

12 ביוני 2019

Trading Tesla now is stepping on thin ice. I think we go back to 200 area. Market panicked when reaching 230 USD and got dumped as soon as opened. Then if we manage to break above green trend lines, We might go higher, up to 260, but I it might crash to 180 or lower as well, Tesla P/S ratio is yet crazy high and their sales growth isn't really surpassingly for that valuation.

I currently sold tesla in 215-220 area and I'm waiting for situation to develop.