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The Long Investor
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$TSLA TOP 20

$TSLA reports this week on Tuesday after the market closes and it will be one of the first Mega Caps to report and historically does play a big role on how the market moves.

There will be concerns this week on orders and declining sales and this is already reflected on the share price right now, as the price is below the 200 WMA leading into earnings, which is not bullish.

It is vital now that $TSLA show some progress and they are addressing their declining sales and loss of market share.

It would be smart for $TSLA not to issue guidance while in this tariff mess and set the tone for many other Mega Caps to report the same.

Also the earnings call will be important, it will be a time when Elon will communicate their progress on Humanoids and this needs to be communicated well with realistic time frames and a route to sales.

If the market shows concerns and the earnings report is worse than feared then there is a drop down to the Buy Zone to $114 as a possibility.

Losing the $178 level I believe will trigger a sell off further.

Big earnings coming up now.

I think $TSLA under $114 is a Buy however.

$TSLA TOP 20

Comments

Support by ore over 0.618 then its the bullcase?

Alex

Jeez. While I am excited for this opportunity I have to imagine that my other equity positions will make me feel like I don’t have nearly enough cash if TSLA hits $114. Thanks for the chart.

Tim


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