Here is how I am buying the dip at TSLA stock, IMHO

Published on April 22, 2024

by
Forexlive
My articles My site About me My videos My books
Follow on:LinkedIN Twitter Facebook Amazon

🚀📉 Pre-Earnings Tesla Stock Dip Buying Strategy | The Levitan Method 📉🚀

Are you an equity trader on the hunt for the next big opportunity? 🧐 Well, you're in luck because I'm zooming in on Tesla (TSLA) stock before tomorrow's earnings report! 📊💸 Here's why you might want to gear up for a potential dip-buying entry point!

🎥 In this video, I break down:

Tesla's wild stock ride 🎢
The intriguing technical setup with Pitchfork patterns 📈
My personal buy orders using the lesser-known Levitan Method 🛒
Check out the key points of my trade strategy for TSLA and why this might be the contrarian bet of the year! 👇

✅ Tesla Stock - A Rollercoaster of Opportunities:

Tesla's value soared over 100%, and now it's about 65% down from its ATH📉
Is now the time for discount hunters to swoop in? 🦅
✅ Technical Analysis - The Levitan Method in Action:

Approaching the lower band of a Pitchfork pattern 🍴
Gap spotted post January 23 earnings 🕳️
Levitan Method predicts strategic buy points 💡
✅ Dip Buying Like a Pro:

Initial buy order at $142.61 🛍️
Scaling into the position with more shares at lower prices 📊
Stop-loss at 5% below the entry point 🛑
Take-profit at a whopping 35% above 🎯
✅ Risk vs. Reward - The Calculated Gamble:

Aiming for that sweet 7:1 risk-reward ratio 🍭
Considering partial profits or holding long-term 🔄
✅ A Closer Look at the Numbers 🔍:

Zoom into the image for the detailed Levitan Method trade plan 🧐
We're talking buy levels, stop losses, and potential long-term holds 🌟
✅ The Long Game:

What if Tesla hits its all-time high again? 🚀
The potential for a 200% upside for the long-term holders 📈
✅ Remember:

Trade at your own risk! This isn't financial advice, just one trader's perspective 🔍
Always do your own research or consult a financial advisor 📚
👉 Stay tuned for more updates on ForexLive.com and don't forget to hit that subscribe button for more insightful trade ideas and strategies! 💻🔔

#TeslaStock #EarningsReport #DipBuying #LevitanMethod #EquityTrading #StockMarket #RiskManagement #TradeAtYourOwnRisk #TSLA #TechnicalAnalysis #Investing #Finance #ForexLive

https://www.forexlive.com/technical-analysis/i-am-buying-this-dip-imho-at-tsla-stock-before-its-earnings-tommorrow-heres-how-20240422/

Full story here Are you the author?

About Forexlive

Founded in 2008, ForexLive has been the go to source for both professional and retail traders from around the globe. Our core belief is that all traders want relevant and succinct trading information, and we deliver it 24 hours a day.

My articles My site About me My books
Follow on:LinkedIN Twitter Facebook Amazon