While everyone is riding tesla fomo, im in Amazon at 200.
Why? Same reason I bought TSLA this April. Low P/B vs other mags and vs its own historical P/B. RSI on W shows big moves up and hidden divergence on both MACD and RSI. Free cash flow is crazy. Ecommerce is gonna be it boys. 2025 lets go. After Amazon hits the 2.618 fib at 350ish, time to rotate back to tesla. By then tesla should fall and consolidate.
Why? Same reason I bought TSLA this April. Low P/B vs other mags and vs its own historical P/B. RSI on W shows big moves up and hidden divergence on both MACD and RSI. Free cash flow is crazy. Ecommerce is gonna be it boys. 2025 lets go. After Amazon hits the 2.618 fib at 350ish, time to rotate back to tesla. By then tesla should fall and consolidate.
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FYI tesla could go to 540-600 as market say, but amazon will move up to 270-300 at same time. So same percent gain except your sharpe ratio is way better in AMZN. You have a multi year strong support at 200 incase the VIX comes out of closet vs TSLA where you have no support. Remember folks, the key to winning is to buy when nobody is buying and sell when everyone's buying. That means 90% of you reading this will buy when you should be selling. 
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.