Tesla: How To Be Both Bullish and Bears

▶️ Watch on 3Speak


Time frame is very important when looking at markets. What is the time period that one is referring to.

In this video I discuss how I am both bullish and bearish on Tesla right now.


▶️ 3Speak



0
0
0.000
5 comments
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 22 of my contest just started...you can now check the winners of the previous week!
6

0
0
0.000
avatar

Nice video, using multiple time frame analysis is an under utilized tool in trading.

Posted Using LeoFinance

0
0
0.000
avatar

Yes time frame provides different perspectives. A long term view of a stock at $500 might be too low while a short term $150 might be too high.

Posted Using LeoFinance

0
0
0.000
avatar

The long term bull correlated with stop loss might be effective then having all ruined. The good deals are done when the price is at its lowest rather than selling at its highest.

Posted Using LeoFinance

0
0
0.000
avatar

Summary:
In this video, Task discusses his views on Tesla stock and how timing is crucial when assessing assets, using Tesla as a specific example. He emphasizes the importance of understanding a company thoroughly before investing and shares his perspective on Tesla's current valuation, potential pullback, and market conditions. Task highlights the significance of getting in and out of the market at the right time to maximize profits, rather than riding a stock all the way down in case of a downturn.

Detailed Article:
Task delves into the intricacies of evaluating Tesla's stock, focusing on the critical aspect of timing when considering investments. He notes that despite Tesla's naysayers, he is optimistic about the company due to thorough research and understanding of its potential. Task points out that many people misunderstand Tesla's core business, mistaking it for a technology company or a car manufacturer, which, according to him, is incorrect. He suggests that being both bullish and bearish on an asset is possible, depending on the timeframe and market conditions.

The discussion shifts towards Task's current stance on Tesla, where he expresses caution in the short term and anticipates a market correction, which could impact Tesla even further due to its recent pullback. He highlights the irrational buying spree post the stock split announcement, which led to inflated prices and expects a possible pullback in the market, affecting Tesla's valuation negatively.

Task emphasizes the significance of entry points when investing in Tesla, mentioning specific price levels like $300, $200, and potentially as low as $100-$150, depending on market performance. He stresses the importance of being proactive in entering and exiting the market strategically to capitalize on price movements and mitigate losses effectively. Task underlines that understanding different time frames is crucial for making informed investment decisions, as stocks do not perpetually appreciate and can experience significant pullbacks.

Furthermore, Task advises viewers to pay attention to headlines and differentiate between being optimistic about a company's potential and the stock's market performance. He notes that being long on a company does not necessarily mean being positive about its stock, especially in an overheated market scenario. Task wraps up by encouraging viewers to be vigilant about market conditions and to consider the long-term strategy of moving in and out of stocks to optimize returns and minimize risks.

Overall, Task provides insightful perspectives on evaluating Tesla stock, underlining the importance of thorough research, strategic timing, and a proactive approach to investment decisions in a dynamic market environment.

0
0
0.000