Wednesday, May 19, 2021

4 Teslas

 


Bought another 4 Teslas

Wanted to buy more

But also keeping an eye on available funds

Now I have SG$3.8 funds left

these are my bullets to survive 1st tier of attack

as Singapore Covid is still unstable

and Tesla might continue dropping.

Also 4 more shares will mean I have 30 Tesla in IG

which is easier to make calculations

If Tesla PS ratio is to be 10 times, which is what Adam Khoo say is reasonable

Then the price will be around $360, which is the price I bought 10 shares

So I have to save bullets for that

The next lvl of strong resistance will be at $460

Buying less is also better, as later I want to add on more shares, it only cost $10

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