iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

I Am A Proud Owner Of $TSLA Shares

I’ve been waiting a while to jump back in $TSLA, after missing the last little leg to $400. I decided today would be as good as any to try a new long position in the name. Check out the 30 minute chart below:

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The bulls nailed the close getting us right back to $330. Going forward I want to see that last low of the day hold, the triple bottom area on the intraday chart, roughly at $324. Should that level fail, I will likely exit and stalk another entry at a later date.

I am long from $327.68.

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12 comments

  1. Jay

    Great post, looks like a very well planned trade. Thanks for sharing RC! Fingers crossed for you.

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  2. sarcrilege

    If you think $tsla is such a good deal, why dont you buy one of their bullshit stupid fucked up exploding cars? I know you wont. It’s just a speculative position you’re taking, right? $tsla is what it is only because of green bullshit tax subsidies.

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    • MSGT HARTMAN

      Where he lives there is no place to look at, fix, buy or charge the car so it’s a moot point. However, there are 4 wheel drive Corvettes, pirogues, a tiger that lives in a gas station and pig intestines stuffed with sausage.

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    • bushwacker2

      Dude, have you even driven a Tesla? I don’t own the stock anymore but earlier this year I used the proceeds from the sale of my TSLA shares toward the purchase of a Model X P100D. Indescribable vehicle. This crossover SUV is fun to drive and if you want performance, it zips 0-60 in 2.9 secs. –faster than a 911. Don’t knock it ’til you’ve tried it. The car sells itself.

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      • sarcrilege

        Why, for what reason and how many times a day do I want to zip 0-60 in 3s? Charging infrastructure is a huge issue for me. Driving range 300miles with new batteries..and rapidly declining. It takes me less than 5minutes to fill up gas tank. Anyway, this is not a car for me and most others..

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  3. StringTheory

    you can only do a launch like that a few times before the car goes into limp mode to conserve the battery…

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  4. mooby

    SORL – now that had to hurt, No 1 Ranked Stock in Exodus. Maybe pick the lowest ranked company in Exodus next time.

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  5. moosh

    Let us debate driving a car for hours on a straight fucking highway. Thats what we want. Just tell me when to wake up or whatever, and start making decisions. I don’t care if it’s called the tard lane.

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  6. awanka

    Nice timing RC. I own call options myself. I expect to see this get close to 400 with the Tesla 3 hype.

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  7. mooby

    SORL down -12.6% since purchase.

    What does that say about the Exodus algo?

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    • jpmorgains

      Were you born this gay, or do you have to work at every fucking day?

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