CRInvestor

Tesla Motors - going through growing pains

BATS:TSLA   TESLA INC
541 3 4
Tesla             motors has been one of the darlings of this stealth bull market. While many have floundered within the current economic backdrop, others have flourished. Indeed, TSLA             rose by more than 500%from its March bottom to the August peak.
When I look at TSLA's chart the first thought that comes to mind is, 'too far too fast'. Anticipating further gains after a 500% move is just asking for trouble and indeed, she gave up that mark through the early fall and confirmed its rejection over the past month. What is most interesting here is that each counter trend rally back into the OTE             short sweet spot (70.5% retracement of previous move) turned out to be an excellent shorting window. The trades took little heat and provided some dramatic rewards.
We are currently flirting with the 50% retracement level of the entire bull run and as pointed out on the chart we are at almost the exact midpoint of a massive trading range. There is no trade at present. Rallies back into the OTE             short ss             ($162 - test of the trend line and gap fills) ought to represent interesting shorting windows. Failures back into the OTE             long ss             ($81 - test of the trend line and gap fills) ought to represent interesting buying windows.
Nice idea there, i already shorted the stock, it's impossible for this company to be worth half of ford
Reply
megookalex AlexandreFF
u got f'd today then
Reply
CRInvestor PRO megookalex
Other than not liking the profanity....what part of "There is no trade at present." equates to "getting f'd "today'???? I suggested the stock is in the middle of a massive range and not surprisingly, she moved within that range.....
Reply
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
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 Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out