New product coming out soon. Tesla truck. New factory open in India. I think tesla has a bright future so I am long on it.
When we had covid it made sence,but now I think parents want to send the kids to school. I think is complicated finding students and teachers to work online. Their earnings go from bad to worst, and to add to that the split as well. I see no future for this company in the near future. I will short it into earnings
It looks like the company is going to the ground based on earnings reports. In a down trend, bellow the VWAP,I will sort this on earnings.
If it hold 30.95 long Take profits 30% at 37.38 Take profits 70% at 58 Stop limit 29.50
Mix news,fair earnings If it holds 87.77 level possible reversal with huge potential Take profits at 94.54 50% Take profits at 102.85 30% Take profits at 122.16 20%
Rivian had good earnings. Nice consolidation on a down trend looking for a rejection of 19.61 and 21.15 for a possible reversal to 28.00
SKX had positive earnings. Is in a up trend. Tested the 53 lvl and rejected with strength and volume. Potential to 55.50 with 60% take profits at 54.67.