BYD is on the uptrend. TSLA has been ranging for years, and will continue to range until the chart says otherwise.
Let's see... TSLA closed at 248 on March 12, dropped to 222 on 3/19 and today...oh my! It's at 282 in aftermarket. I'd say it was a buy. I'm an extarordinary hindsight stock predictor. But yeah, TSLA still in the 200's
And if one allowed it to go 10%+ against you before it turned around, yes it was an investor buy. Traders don't do that, and stick around very long.
Isn't that called swing trading? Either you believe, like some in here, that TSLA would drop to 200 or below or, once it settled at 220 and you know Tesla history, you expected the pump before Q announcement... Whatever rocks your boat making money.
Buy and hold investors let a position go against them 10%+. No self respecting trader, swing or otherwise, would let that happen unless they have a very, very small position relative to their typical size or a very, very large equity account size to withstand such a drawdown.