Can Tesla, which is already overbought at the top, still rise?
Let's talk about individual Tesla stocks this time. The sharp rise in Tesla last week has already entered a serious overbought zone in terms of technical form. Generally, stocks that have entered this pattern will pull back, but considering the situation where Tesla was continuously and seriously oversold before, Tesla continues to be bullish this week.
In today's market, only Musk dares to paint flatbreads and claims that growth will not change. From this point on, Tesla is likely to become a benchmark for other agencies or retail customers to heat in groups in the future.
Coupled with last year's bears being rolled over as fuel, Tesla still has the logic of continuous growth in terms of capital.
In terms of business operations, although Tesla's gross profit has declined, it still sells a few traditional cars with a roof. I don't know where it is higher than other merchants that have lost money. If future economic deterioration requires a price war, other tram companies are not comparable to Tesla, and the same is true for downhill tanker companies.
Tesla's gross profit supports that it can cut prices even further. If the future economic environment improves, Tesla will be better; if the future economy actually deteriorates unexpectedly, Tesla will have no rivals.
Currently, it is impossible to predict whether there will be another Tesla lower than 102, but Tesla is one of the safest targets for long-term investment. $Apple(AAPL.US$ $TENCENT(00700.HK$
In today's market, only Musk dares to paint flatbreads and claims that growth will not change. From this point on, Tesla is likely to become a benchmark for other agencies or retail customers to heat in groups in the future.
Coupled with last year's bears being rolled over as fuel, Tesla still has the logic of continuous growth in terms of capital.
In terms of business operations, although Tesla's gross profit has declined, it still sells a few traditional cars with a roof. I don't know where it is higher than other merchants that have lost money. If future economic deterioration requires a price war, other tram companies are not comparable to Tesla, and the same is true for downhill tanker companies.
Tesla's gross profit supports that it can cut prices even further. If the future economic environment improves, Tesla will be better; if the future economy actually deteriorates unexpectedly, Tesla will have no rivals.
Currently, it is impossible to predict whether there will be another Tesla lower than 102, but Tesla is one of the safest targets for long-term investment. $Apple(AAPL.US$ $TENCENT(00700.HK$
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Retail Investor : The reminder was timely.