Will Tesla bounce?
thinking of buying some tonight n more if it bounces off 100ma support ~$265. what do u think?
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102760870 : Tesla will not hit 265, many technical stocks have drop significantly but Tesla is still holding at it strong level and will bounced back to 310 very soon.
TeslaSmurf : You can’t predict where the price is going in the next weeks: it may go to 250, 240 or even 200 depending on global factors OR it could never again go under 270 and you will miss it forever. That’s why you BUILD a position in a stock like TSLA, buying at different moments and averaging down the cost in case it dips (which is a GOOD thing for long investors). I personally buy it at every relevant dip while keep day trading the related ETFs (TSLL, SPXL upwards and SPXS downwards).