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Friday, January 19, 2024

TSLA - Catching the bottom

TSLA - Catching the bottom

Tesla, Inc. BATS:TSLA

I admit that TSLA is not an easy stock to trade, and I have been wrong many times. However, I would like to share my ideas for TSLA in the coming weeks. I plan to go long around 195-200 with a target of 250-300 and a hard stop below the October low. If it breaks that low, it's very likely we'll see 160 next. Therefore, I believe TSLA could offer a good risk-reward ratio here for a long position around the 200 level.


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