Investment portfolio - Tesla

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Hello,

My followers showed interest in my recent trades and want to know more about some of my investments and my entery strategies. Today I am pleased to share my latest investment on TESLA stock.

Money management strategy:

The designated capital for this trade is $20000 (+emergency fund)💰. Here's how the funds will be allocated:

  • 1st Order ($10 000 spot): Placed at the current market price. This order aims to enter the investment after the recent correction of 53% from latest high.

  • 2nd Order ($10 000 spot): Set around $72. This price level aligns with a strong technical weekly support, making it a strategic entry point and a good adjustment price level.

  • 3rd Order (emergency fund): Not defined yet. It will depend on the nature of the downtrend.


The objective of this trade is to take profits near the All time high (~400$) .The target will be flexible depending on the nature of the uptrend. I admit that this investment can take years but I am prepared financially for it 💡💪.

Stay tuned for updates on this investment.

Happy trading, everyone!

This is not an investment advice, I am only sharing my own portfolio ;)
Note
When I share my trades with you, including the amount allocated, entry price, and objective, it takes a lot of courage. By doing so, I am putting my credibility on the line.

Not many traders are willing to share such details.

Therefore, I would appreciate it if you could give my post a boost. Just to clarify, I don't offer any paid services at the moment. But if my efforts are not rewarded, I may stop sharing my ideas for free !
Transaction en cours
Today, I've decided to sell 80% of my Tesla stock at the current price. This means I'll get $13,000 and keep my $3,000 profit. I'm making this decision are multiple :
- the market has strong surges and lots of buyers right now
- I am protecting my portfolio and keep liquidity for other interesting opportunities
- The testa stock is facing a strong monthly resistance, presented by the blue channel
Trade fermée: cible de profit atteinte
Today, I closed the entire position.

- Total invested : $10,000
- Total net profit : +$7,670
- Duration : 7 months.

This does not mean Tesla stock will stop rising. I only reached my target ;) .
Beyond Technical AnalysisChart PatternsteslaTesla Motors (TSLA)

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