TRADING TIPS

Question from Rich: TSLA vs DOCU

Hubert Senters here. Let’s take a look at the question I’ve got a couple of charts so here’s a question from Rich. Hubert, I’m looking at TSLA and DOCU on 1 year daily charts today, they looked very similar. Both have had extreme price appreciation and both have pulled back to the turning and standard line before sling shooting higher. DOCU has earnings coming up in August but my guess is that TSLA still has greater upside. Any thoughts on your part? Rich. I’m going to compare Tesla and DOCU. If we pull this to the side here. Let’s take a look at Tesla, TSLA. Tesla ramp up, pullback and ramp higher. Got that. Makes sense to me. And then DOCU. I actually like Doc better. Doc technically looks stronger to my eye. And it’s performing better on the slingshot trade where you’re pulling back to the turning and the standard line and then back up. I would say TSLA is a colt followed stock. It’s overpriced in my opinion. But it does have a colt following so a lot of speculative stuff but Doc probably it’s technically more pure and it’s only priced at $200 as opposed to $1,400 so you might be able to get bigger percentage return with the same number of shares so I would go with Doc versus Tesla if you’ve hadn’t gone to my head. Mark Helweg’s got a webinar. He’s webinar is tonight Wednesday, July 29th at 8PM EST on ”’Finding Explosive Trades with the SVS Strategy…How To Find Trades Like a Sniper!” Finding a high-quality trading strategy. Scanning the markets for buy and sell signals. Verifying signals with Power Setups. All designed to put the odds in your favor. I’m going to HYPERLINK you to the registration page. Good luck. Hope it helps. See you on the next video. Hubert.

Submit a Comment

Your email address will not be published. Required fields are marked *

Share:

Facebook
Twitter
LinkedIn
On Key

Related Posts