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Non-Tech : Kirk's Market Thoughts
COHR 191.69+0.2%3:59 PM EST
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To: da_cheif™ who wrote (7017)4/22/2019 11:47:19 PM
From: Kirk ©3 Recommendations

Recommended By
berniel
POKERSAM
Winfastorlose

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So it was written....
4/22/2019 10:13:09 PM
From: da_cheif™ Read Replies (1) of 7018
tsla is a buy the rest is just noise

It resembles a second bull flag pattern trading down at the bottom of the pennant so $575 upside with a stop below the dashed blue line (~$230ish) could be an interesting risk/reward play for gamblers.

I think the company is overvalued by 10X but we've certainly seen this ratio go to 20x before the big shakeout that usually happens when people ignore basic fundamentals for the long term.

It also broke a long uptrend line so the risks are higher.

For my money, there are better bets for a double with odds of being around for longer AND going even higher... so I'd only touch TSLA with your 10 ft pole, not my cash.



Good luck!
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