Thursday 27 February 2020

Tesla Motors - Turned Losses to Profits







Tesla Motors had a rebound yesterday. It was starting quite weak and then suddenly it turned out to be strong. I longed the stock and all of a sudden, it came down first. It was scary as the market kept rising and Tesla wasn't moving up. I was in some big loss and suddenly, Tesla started to show some strength where it galloped and ran. The chart looked good and trying to break a critical wall which it did. However, when it was showing strength and power, suddenly, the Dow Jones reversed and got slammed down again due to the coronavirus. Upon sawing that, I quickly took whatever profits I can in Tesla and the rest was history. The Dow Jones then collapsed and Tesla followed. What a close shave and it was a moment of panic up/down. Turned losses to profits and phew, moving on to the next stock.

Ron K - A Game Changer