The Long Investor

$TSLA TOP 20

Added 2024-10-11 10:49:46 +0000 UTC

From the response online, it appears that $TSLA underwhelmed at the 10.10 event, as a long term investor, I was not underwhelmed.....they have set forward 3 important products that I think are going to change the world and I am especially impressed with their Optimus product.....its a substantial break away from being 'just' a car maker label.

Also, I view companies as potential buy and holds for long term and $TSLA is doing all the right things

Yes, it may take up to 2 years for revenue to be impacted but which one of us would not have loved to get $NVDA in 2022?

The chart is looking weak now in the short term

200 WMA at $236 is comfortably lost in the PM and the price is now around the 50 Day MA in the PM at $226

The wedge breakout level is at $213, a bad day would mean a fall back into the wedge down to the 200 Day MA at $202.

Oddly enough, there is no changes to this chart, Wave C is still below $114 and we still can't deny the ABC bounce from April to July which is why we have not bought into $TSLA

I think below the 200 Day MA makes $TSLA very attractive again