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TSLA

in hive-180932 •  last month 

I don't everyone don't like TSLA stock, because all the volatility and the seemingly overvalued by all IB. But all we can trust is the price action.

During the March massive sell off, it has dropped 60%. But when you look at the weekly chart, it rebounds exactly in the moving average, which means there is a strong support in buying the stock. Not many stocks sustain the sell off in March and drop a lot further once it broke through the moving averge. But not Tsla. Looking at the shorter timeframe, it gives you a perfect higher high entry at 450 level.

Trust price action than one's subconscious.

Stay safe and healthy~
Screen Shot 2020-04-24 at 10.44.20 PM.png

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