Prior to Nov 16th 2020, only people who wanted to own TSLA owned it. Thanks to the S&P inclusion, a whole lot of investors 'had' to own the stock. 2020 year end earnings news was not a blockbuster announcement, and there is the various quality issues in China and US. Bitcoin announcement was an interesting news and resulted in a slight uptick.
TSLA is a capital intensive company, not everything they touch will be a runaway success, and competition is increasing. So going forward, what can be the major anti gravity catalyst? Will it be the price of bitcoin, a cryptic tweet, or a product that adds true value to the company?
50 day EMA around 752
100 day EMA is around 652
200 day EMA is around 509
Huge gap up on Nov 17th....... Will it? Ouch!
Or the moneyed cheerleaders will prop it up and not let the stock take a deep dive?
(This is not an investment advise to anyone,
This is my first publish)
TSLA is a capital intensive company, not everything they touch will be a runaway success, and competition is increasing. So going forward, what can be the major anti gravity catalyst? Will it be the price of bitcoin, a cryptic tweet, or a product that adds true value to the company?
50 day EMA around 752
100 day EMA is around 652
200 day EMA is around 509
Huge gap up on Nov 17th....... Will it? Ouch!
Or the moneyed cheerleaders will prop it up and not let the stock take a deep dive?
(This is not an investment advise to anyone,
This is my first publish)