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    • Dec 6, 2022

Quick Trade Update


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Ekk
Ekk
09. Dez. 2022

What’s your view on Tesla and Estée Lauder stock now ?

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John
09. Dez. 2022
Antwort an

TSLA looks like it will trade in a 166-200 range into year end. I'm inclined to think it will make a new low before breaking higher, so I'd have a small long position if anything.


EL looks pretty bullish to me. The stock looks to track Chinese equities more than US equities, which presumably means that their growth prospects depend on China. If China reopening goes well, then I can see EL trading down to perhaps 225 from here over the next couple of weeks, before making a more substantial move higher.

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