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Are people buying the TSLA stock because everyone wants a TESLA car?

Pricing plans and indicator

Hi there, here's Daveatt from TradingView.

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More info on our Pricing Plans and Guides

Most of humanity is quarantined at home. And most of the middle-class lost a fair share of their revenue, and aren't likely to look for buying a car.
So who's buying TESLA cars those days? Is the TSLA stock price unrealistic and manipulated (of course it is)
Maybe it mooned because USOIL decreases and the market (or the FED) thinks people will look for electric cars instead.

Stocks signals

BATS:TSLA

Direction: Long Asset: $TSLA TESLA

Timeframe: 5 minutes

TP1 price:738.48

Pips gained: 15.100000000000023 Percentage move: 2.09%

TradingView trade Entry Signal time 244 1435

 

Direction: Long

Asset: $TSLA TESLA

Timeframe: 5 minutes

TP2 price:752.96

Pips gained: 29 Percentage move: 4.01%

TradingView trade Entry Signal time 244 1435

 

BATS:BA

Direction: Short

Asset: $BA BOEING

Timeframe: 5 minutes

TP1 price:124.46000000000001

Pips gained: 2.5999999999999943 Percentage move: 2.05%

TradingView trade Entry Signal time 274 930

BATS:TSLA Direction: Long Asset: $TSLA TESLA Timeframe: 5 minutes TP3 price:774.6800000000001 Pips gained: 51 Percentage move: 7.04%

TradingView trade Entry Signal time 244 1435

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Do you want a better Trading Performance?

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About Dave


He is the co-founder of Best Trading Indicator. Previously a quant trader for a french bank in New York City, he's been trading full-time for the past 11 years.

Dave used to teach his professional traders how to use his trading algorithms.

Best Trading Indicator is 3 years old and already counts 1800 recurring subscribers profiting from our trading course and TradingView signals.

Learn more


Do you want a better Trading Performance?

Hey, I'm Dave. I'm determined to make a trading account grow.
My only question is, will it be yours?

The signals and trading method frameworks are available to our VIP subscribers