TSLA: Take Profits, and Wait for the Dip (Pre-Earnings)

A recent statement of mind was, "looks like you should take profits and wait for this to dip towards $1150 at least before a potential next wedge retracement. Definitely a great stock long term, but don't want to hold when you can take profits and come back and make more profits. Just my opinion, invest in your own risk.". Right now, I think it is best to take the green, wait for it to do down quite a bit, and probably buy back at a dip prior to the July 22nd earnings call in order to maximize profits. I want to be wrong, but it looks like it reached a tipping point already for its current wedge . As always, this is on an opinion based basis and invest or sell at your own risk.