Tesla
Panjang

TSLA, TIME TO BUY?

417
Hello fellow traders and investors, here's an update on the previous TESLA trade idea.
TSLA has pulled back to the bottom of the uptrend channel. If Tesla makes a recovery to ATH's it offers a 28% ROI.

Technicals:
The Macd indicates that TSLA is in a downtrend
The RSI is looking relatively oversold


When To Buy:
Now

When To Sell:
Previous high

Fundamentals: Tesla , Inc. engages in the design, development, manufacture, and sale of fully electric vehicles, energy generation, and storage systems. It also provides vehicle service centers, supercharger stations, and self-driving capability. Tesla is currently overvalued at around a P/E of 715, a P/S of 18.95, a debt/equity of 0.47, sales growth Q/Q of 73.60%, an EPS growth Q/Q of 2637%, a profit margin of 3.10% and a short float of 6.64%.

Rating: 80/100 the technicals look decent but I personally think they are an amazing company with an expensive valuation.

I hope you enjoyed this quick analysis and many more to come.
If you enjoyed leave a like, follow, share and comment your thoughts.
Thanks

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.