Building on the flag formation from the past 3 years, its possible an rising wedge could form. Very early days and highly speculative, but if price plays out somewhat like my chart, an ascending wedge could form. Indicating that Tesla may have hit a near/mid term high and can't won't break through for a few years, with several implied price crashes going into 2026...
Just announced finalized deal with Amazon Prime, for series and movies based on the Warhammer 40k brand, with options to extend to their fantasy line. 28%+ margins with 3% dividends, year over year revenue growth, most of which from core business. Should see interest in stock as licensing revenues increase significantly, and filter down to core business as brand...
It was apparently last year but having such little history, in a nascent market, the data points couldn't be trusted, yet. However I took a large position in Xpev over NIO for a few reasons. 1) They are not competitors, from a price point perspective. Xpev makes a car by my estimate 90% as good as NIOs and 80% as good as Tesla, but they sell for 50-60% of the...
I'm long tesla but there's a lot of macro headwinds as well as adversarial players doing what they can to sabotage the company and stock. This is me thinking out loud on a realistic play going into 2022.
Tesla forming an ascending triangle on the daily. Bit of a confusing chart as it's mostly a bullish formation but also a trend continuation patter, and pattern is forming off a long sell off period. Critically the break out area looks to be forming around earnings, though I'm not sure what that's a factor. They've already released delivery numbers and so we can...