CalebDismuke

180-280 range in play(TSLA)

NASDAQ:TSLA   TESLA INC
Tesla is trading in a 180-280 range.

My strategy would be to trade the range with a bias toward the upside.

There are strong feelings on both sides as to the potential and LT viability of TSLA . I don't have any particular insights. If you do, please share in the comments section.
I don't do stocks was just training my eyes
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CalebDismuke ThatoTumelo
@ThatoTumelo, Nice chart, thanks
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Agreed. And will see how Q4 results turn out. Maybe it'll push it higher
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@SkyRock, When I think of stocks that could 10X, this one comes to mind. Of course they have to execute but I think the potential is there even if the odds are under 50%.
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SkyRock CalebDismuke
@CalebDismuke, Yeah I think Q3 was an inflexion point for TSLA as they made profit. If they can show profit again in Q4, then the stock will take off. You're right they face a lot of challenges, especially with production, though they don't have a demand problem. The potential is there though with all the infrastructure they're building and the automation they're putting in place for production. They recently bought a German automation company. Hope it'll do them some good on the assembly line and speed up their delivery.
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@SkyRock, great info, thanks, I would love to be able to buy a tesla one day:) I always cheer for companies trying to do really hard things.
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