whiteknightmoving

TSLA - The long term price movement is still sideways/down

NASDAQ:TSLA   Tesla
Although a popular stock right now, the historical trend is still sideways for this stock. Terrible waste of working capital. No real net gain since 2014. When I see stocks hit the upper channel line, that is the sell signal. Let's take our limited trading capital and move on to something else. Using the OFP trading strategy, TSLA is not a long term buy until it pulls down to the lower channel green buy line. In Fact TSLA may be at a nice short opportunity right now (12/08/2018). Please look for the next chart with a daily zoomed in view.
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