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Writer's pictureMomentum Stock Alerts
Aug 12, 20161 min read

Tesla (TSLA) - When Do We Buy? HINT ~ Not Yet



TESLA (TSLA) has been holding it's support lows since 2014 and as much as we love Tesla, the stock continues to be in a giant consolidation range or one giant symmetrical triangle as we can see in the chart below. We're waiting to get long in a big way on TSLA but as of right now, BotTrigger renders no buy signal.

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Like a sail-wind that catches strong winds for a rally, TSLA does not yet exhibit what's required to create a perfect storm/rally. Eventually that will change. Once favorable conditions match up with the requisite criteria being met, BotTrigger will strike a definitive signal.

We'll let our members know, first thing, via real-time mobile alerts once BotTrigger triggers a Buy signal.


Some of the greatest pearls shared by Jesse Livermore:

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“Money is made by sitting, not trading.”

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“The desire for constant action irrespective of underlying conditions is responsible for many losses in Wall Street even among the professionals, who feel that they must take home some money everyday, as though they were working for regular wages.”

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“Buy right, sit tight.”

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“Nobody can catch all the fluctuations.”

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“There is a time for all things, but I didn’t know it. And that is precisely what beats so many men in Wall Street who are very far from being in the main sucker class. There is the plain fool, who does the wrong thing at all times everywhere, but there is the Wall Street fool, who thinks he must trade all the time. Not many can always have adequate reasons for buying and selling stocks daily – or sufficient knowledge to make his play an intelligent play.”

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“It takes time to make money.”

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“Don’t give me timing, give me time.”

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