Part 7/10:
The Role of Technical Analysis in Long-Term Investing
Posius reiterates that long-term investing should primarily focus on the fundamental numbers—growth potential, innovation, and earnings—rather than solely relying on technical patterns. While he enjoys analyzing charts for short-term insights, his core conviction rests on Tesla’s future prospects.
He mentions that, despite short-term volatility, he remains confident that Tesla will perform exceptionally well over the coming years. He plans to capitalize on the current market dip by accumulating more shares, aiming for a substantial investment of several hundred thousand dollars before year's end.