LastBattle

Tesla is out of electric

NASDAQ:TSLA   TESLA INC
Nice major top structure in place. (Short term M top and long term double top )
Have fun!

We've plenty of cheap oil             for years to come, why bother about electric cars?
And no, the cheaper Tesla             model will not save it.
We've a huge glut of cars in GM's warehouse as a result of QE . Overleveraged, overbuild without consumption increasing. It is way more than 2009             right now.
http://www.zerohedge.com/news/2015-07-07/why-gm-back-below-its-ipo-price-pictures-gms-china-parking-lot

Tesla             business isn't sustainable too, solely relying on government subsidy and with a weakening China.
The bubble will deflate once the hype disappears.
have a hunch that it drop just a little
and break that UP and goes to channel top another time
snapshot
+1 Reply
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out