No investment advice, no BS either - Pure price action trading - Quant enthusiast - Not a believer of any fintwit market church 🙏😇 little orca hunting 🐳
Bringing this $TSLA post back as a timely reminder on price action all the way back and ahead.👇 I still need a least my 165-167 though. Patiently waiting.
$TSLA touching on @garyblack00 tweet on $META and Tesla and give a simple glimpse how I look at Tesla around price action and growth trajectory. I can’t put it any simpler. Below is a log chart on 3M candles.
Folks complain about volatility. 👉What you really see is two major growth periods in 2019 and 2014 that are far from usual, but hyper growth. Volume backs up that story. Otherwise on all of scale the quarters itself are not that interesting. 🟪 is consolidation and growth slowdown the years after. To be expected. This is also what Elon talks about in earnings calls much right now.
So the million dollar questions is: is this growth story sustainable going forward and when given growth in FSD and cross breed product multiples. Similarly ramp up and growth of the energy business. Finally, if robots and other new revenue streams product another cycle. It’s as simple as that if you invest or trade price action of this chart.
In simple language: is 🟪 what’s happening now and are we past that (doubt that in this macro climate), is the length of the square before 🔮🚀 comparable in terms of innovation and timeline. Lastly, what comes after that.
If you assume it’s similar and innovation doesn’t stop, that’s your 3k 🚀in 2027-2030. You don’t need to be an analyst to come up with that. It’s simple logic.
Hello from Germany, where the auto crisis just deepened. BMW has issued a major profit warning, implying a profit drop of >60%. Its EBIT margin is now expected at just 1–3%; a shocking level for a premium automaker that once stood for double-digit profitability. This comes only a day after VW executives reportedly described their own company as facing an existential threat, according to Manager Magazin. BMW is now worth less <€40bn.