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Technical Analysis on Trading TSLA Stock - Buy, Buy, Buy!!

Dre Trades II · 2019-02-27 · 유튜브 시청 21 · Board Views 7 · International

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all right so about a year ago I gave you my best stock pic of all time now this was all through market turmoil all through that Christmas Eve disaster and the stock is that all-time high so if you missed that video here's a big clip of it stop we're gonna talk about today is Starbuck from the lower left it's an upper right it goes up so this stock is getting ready to bust all-time highs and it's about to break out it's gonna go up up this is what stocks do all the time that was awesome right and let me tell you something it is not too late to get into Starbucks it is a long time hold buy it put it in a drawer and forget about it so I'm about to give you my next greatest pick now this one is a wild ride and net stock is Tesla let me show you why Before we jump into that Tesla trade I was telling you about let's go ahead and finish up this Starbucks trade right here in mid 2017 I was this is where I was saying this could be the next great best thing this is gonna be my favorite stock of all and if you want to see that video I'll click the link right here right here somewhere in the video or even in the description but to continue on we was talking about this consolidation period and why it was this so major it was three years of consolidation it's finally breaking out going this way in this stock I feel my opinion is going much much higher it is not too late to jump on his train okay this it's not too late all right it's just breaking out and we're gonna probably see something like this that started in 2015 or something like this that started in 2013 so boom consolidate boom consolidate boom okay so now let's talk about Tesla alright so this is the weekly chart of Tesla as you can see this thing is up down up down up down up nobody's making money man this is the definition of chop City you buy here sell here but nobody's that good okay if you if you love to trade this is the stock for you but we're gonna buy I am I'm gonna buy and hold this thing I'm gonna buy and hold once some happen now let's go ahead and give into this chop because it's all over the place and open up a monthly chart so we can kind of see what is going on we look at it better get rid of it all that chop we got rid of a lot of that chop City and now let's talk about how I'm gonna trade this thing man because we have a couple of periods of just like Starbucks up down up down up down a consolidation period but it's very wide we talk about 75 to 100 points on the up and the down and the up and down you'll go crazy in there right and then here we got another set of ups and down ups and down it just doesn't know what to do okay don't listen to the news always the nothing but we're gonna talk about something really important about the news okay but let's focus in on the charts so let me say yeah I'm gonna trade this thing you can't just jump all in we're gonna wait for the breakout above this line right here basically the all-time high when this thing is going all-time high gets that all-time high you can kind of slowly start accumulating slowly because a lot of times it likes to retest that breakout and then shoot higher but how I'm gonna trade it but since we have well-defined lows right here I'm going to wait until it's in this area here and clear that up for you a little bit wait until it's in this area right here and to stop nibbling just start nibbling by a little bit by a little bit kind of hang out there and when it's down there you buy don't sell what it's up here when it's down here and then when it breaks out you can slowly buy more even alright so buy here accumulate up here buy more as it's cold like this we want to start accumulate accumulate acutely because we it's going to go much much higher now one thing that it's a purple with the stock if this is a crazy stock and it really depends on Elon Musk being the CEO okay he's the CEO but SEC everybody's trying to throw him out cuz he tweets like crazy and just does wild stuff you might turn on TV and see him smoking a joint okay so if this man loses the CEO job all bets are off I don't know what this stocks gonna do okay but it's not gonna do what it's supposed to do alright so he needs to be CEO of this company alright so so let's let's just wait now this right here let me clear this up for you again clear alright so this period right here this was a one to a three year period it took a while for it to resolve kind of like Starbucks so this right here we already reach in we already at the two year mark the two year market is chop-chop and it is eventually going to resolve itself to the upside or the downside since the overall chart is going up I'm going to say it's going to resolve itself to the upside so that's what I'm playing for that's what I'm going to wait for so when this reaches all-time highs where's my 52 week high 52 week high 387 46 when this reaches 387 46 it's breaking out it's breaking out but be patient because a lot of times it likes to go like this and then go like this before it goes like this all right so anyway so alright so that's it let's keep an eye on Tesla let's see what this stock and let's see if it can give us some riches and this is my next best thing and that Starbucks make you keep buying that let's talk is it solid paint a solid dividend solid all right so I hope you like that video and let me give a couple of disclaimers remember this is just what I do don't follow me I'm a crazy truck this is entertainment only if you follow me you're probably gonna lose some money didn't last anyway so up this few challenges EMI PTV I'm not gonna be doing this on a MIP TV this video is also going to be on my new channel which is we had a while but I'm going to start making videos over there and it's training scared okay mmm trading scared I'll put that link in the description if you liked this video go to that channel and subscribe and click the notification because I'm gonna do more videos like this on that channel and kind of keep this channel clean let's keep the photography thing in the trucking thing going on on this channel right here also this same video will be over there in the same video will be on my flight I alright just this time only all future videos will be on the trading scared channel so please go to trading skin like it put the notification up and we'll be talking more spots I make it fun fun stuff alright so I like doing technical talk about that over there alright so thanks for watching hey I got to do a video about you in my opinion tell you where I've been okay tell you what I've been doing alright and of course I got like my guy Deborah a nice Channel okay so anyway thanks for watching I hope you liked this video of check out more videos like this on the train sketch and I see you a MIP TVs out

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