SimoneSiesto

Tesla - One of the greatest bubble ever seen - SHORT

Short
NASDAQ:TSLA   Tesla
Hi guys.

Tesla seems to be one of the greatest bubble ever seen.

Now, they are just trying to involve retail traders as much as they can in the game. Obviously, smart money is selling to them.

We are talking about one company which is never able to make 1 dollar profit. In other words, the bakery down your corner

is more valuable of this "fraud".

Guys, if you are buying and holding this stock, you should be aware that probably you will not see this stock reaching this price ever again.

As you can see, in the chart, it went well above the upper channel. I expect this stock to tumble down in a sever way. Fundamentally speaking

Tesla real value is " ZERO ". They are overwhelmed of debts and no profits.

People still believes in fairy tales and they keep buying. Let's see what it will happen on the 29th of
January, when they will release the earnings again. Unless they will be stating something false, it will be another negative EPS.

Guys, let's be rational when trading markets.

Thank you


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.