It's tough to imagine being anything but long-term bullish on Tesla. There's strong resistance at $400. May consider buying more if it ever breaks, but with the recent news that Tesla will remain public, it could be a while before that happens. Until then, I may buy on dips, but don't expect any huge short term gains. I'm in it for the Tesla mission. However...
Looks like a great buy form both a technical and fundamental point.
*Note - use this as a reference, not as a conformation
Note - I'm an amateur so take everything I say with a grain of salt and please do remember the golden rule of investing....
It's hard not to see Tesla's recent dip in price as a classic example of the market following a short term narrative that is a measure of our feelings and reactions instead of a measure of a companies true long term value potential. So Tesla hit the 5000 units per week that everyone said they wouldn't so the bears/shorts/fossil fuel proponents and general haters...
The graph seems to be following the previous prediction. The date to look out for is the end of June when Musk announces whether Tesla is producing 5000 model 3's a year! Depending on that the graph will be bearish or bullish, PVT seems to be neutral despite the decrease in price and hence the price movement downward is most likely weak showing that a breakout is...
Just straight up looking at the chart, we can tell that the trend is clearly upwards. As the ADX and PVT are positive (even after the recent dip), it might be a smart idea to invest. However, at the same time, the fall in ADX could lead to a gigantic drop as traders sell in order to prevent a loss, especially after the recent news Currently, Tesla stocks are...
don't mind my gibberish, is 4 personal follow up on trade strategy. too many fundamentals screaming for musk-pocalypse seekingalpha.com Problems Model 3 (production, model itself) Strongly shorted % of free float, shortvolume.com Order book only half full, reservations aren’t orders. Executive departures Cash burn rate & profitability, www.ft.com High...
Tesla as a company inspires controversy today just as its namesake scientist did many years ago. Is TSLA price supported by a cult-like following rallying around its futuristic visions and outspoken genius-billionaire Elon Musk? More importantly, what stock price makes sense for Tesla? There's no good answer; but based on fundamental factors alone (missed...
Repeating myself...watch the purple line. If it ain't broken, a decline on short and medium scale should begin.
Flying Elon Mask | First 2D Animation on TradingView <3
Descending triangle spotted in SCTY weekly. Will coal affect it's price? I'm seeing two patterns. One is a descending triangle continuation or an inverse head and shoulder. Whatever it is, do take the time to observe how it unfolds. Personally, I think it will bounce to $46 and then range. I personally do not think it will shoot up or shit all the way down. I'm neutral
In the end of August of 2014, Tesla completed the formation of a cup with a short handle, and within a few trading sessions, catalysts such as the China Unicom charger deal and Stifel's upgrade of TSLA with a price target of $400 caused the stock to break out and confirm the pattern. A similar cup and short handle has formed today ahead of the Model X reveal. TSLA...
Tesla, aka the "stock of 2014" looks like its wild drive might be coming to a temporary end. As much as I love this company, I see us at a temporary top, and I am looking for a shorting opportunity in the 265-275 zone. Wave properties since March suggest we are in a corrective ABC flat, and are close to the B "top". Other indicators such as RSI and declining...