Tesla Motors -TSLA - Daily - Time at Mode Trend Analysis

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Tesla             topped over $280 on the last day of its "Time at Mode" 9-day rally.

I posted a chart two weeks ago outlining that day.

Now the key is to look at how to trade a return back to the key 9-day support/breakout level.

I view the negative comments about TSLA's overvaluation by Morgan Stanley             today as logical and rational. The shorts are getting a break on their massive losses so far this year. There is still 30%+ of the float still short this stock and any weakness will be met with short-covering demand. With a $33 billion market cap and only $2.4 billion in trailing 12-month sales, TSLA             is in the ranks of many of the crazed internet stocks that are "floating" in the public market. Overall, if you are LONG TESLA             , you do want to be short an equal amount of the "MARKET" in the form of IWM             (Russell 2000) to hedge your position.

Tesla             is trading on the future success of Model-X and the potentially market-dominating production of batteries. WIth all of the news out for the time being in TSLA             , together with a long string of upgrades from analysts, there are few short-term catalysts to drive shares higher. This is the perfect time for shares to come under pressure.

Look for your spots to buy and this is also a great time to sell calls against TSLA             at 290 for 6-months or more. There is a good chance that TSLA             beats a sideways path from here for the next year as news rolls in and production/sales estimates get revised and updated.

Check out Youtube for my "time at mode" analysis from last week on TSLA             .

10:41AM EST 261.77 last TSLA            
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we caught em leanin the wrong way TIm :)
timwest nobullshytraderfa
:) How are your other shorts working here? I am glad you caught the decline in TSLA! Good job.
LNKD TASR workin GPRO next :) nice job bro
elcololp timwest
Tim! good morning, what do you think about this new: Crackdown Targets Inversions Designed to Limit U.S. Taxes. The Treasury Department announced steps that will make it harder for U.S. companies to move their addresses outside the country to reduce taxes, clamping down on the practice known as inversions.
Your videos at
don't seem to work...
Try the link above. I just used the link earlier. Hmm. You can also search at youtube for "Tim West Tesla"
https://www.youtube.com/watch?v=gYRH-jbx2JY link that works (I'll update the profile link)
Here's the link to the youtube http://www.youtube.com/watch?v=gYRH-jbx2JY
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