TESLA Short: too good to miss

Tesla filled the upside gap that was left from the earlier correction. We have massive negative divergence building on the MACD and this opportunity to short it is too good to miss. The stock has trapped a lot of eager bulls who believe TESLA is heading to new highs. A sharp turn lower is imminent. Initial targets $200.
Comment: 8th June 2020 - I added to my TSLA shorts here at 948


Good read. I'm buying starting at $500.

I was in at $220 last summer, been on this company since before Elon. Sub $200 seems wildly impossible at this point.

People FINALLY realize that this company is the future and will 10x in the next 5 years.

Hope the next crash gives a brief window to pick up shares sub-$400 again, would be epic enough value right there :).
+2 Reply
torquio ProfitHarvest
@ProfitHarvest, I think TESLA is finished honestly... it has all the marking of a bubble that has burst (think bitcoin in 2017)... it will take a LONG time to recover. Have a look at VTIQ (NKLA) instead.
+1 Reply
@torquio, Watch the entire autonomous driving presentation he did last year.

Once Tesla Network flips on, stock doubles overnight and Tesla dominates the EV and Autonomous Vehicle segment by miles and miles.

LIDAR (others) is not as scalable or effective as cameras + sensors + AI (Tesla), they will win massive market share and own the future.

Tesla Energy and Tesla Solar are sleeper bonuses. SpaceX is an incredible company that will also benefit Tesla with the high speed space internet.

Tesla is only low because of increasingly valuable capital investment.

Follow the ARKK people, they know what's up on Tesla. It's a massive paradigm shift. Like your chance to invest in Apple BEFORE they launch the first iPhone.

That's nearly two decades of tracking in a few sentences ;).

Thanks for the chart!
+6 Reply
swylie torquio
@torquio, you have no clue what you’re talking about on any level to speak of.
torquio swylie
@swylie, thank you for your constructive criticism. Don't get left holding the bag when TSLA trades in the low hundreds ;)
+2 Reply
swylie torquio
@torquio, Tesla doesn’t play technicals well. Anyone recommending NKLA over Tesla has to be a major Tesla short, or just know absolutely nothing about Tesla. Battery day sometime this month. Watch it.
torquio swylie
@swylie, lets come back to this conversation in one month time and see where the price is. Sounds good?
swylie torquio
@torquio, or Jan 2022 where all my calls are...
victorur ProfitHarvest
@ProfitHarvest, or not
swylie ProfitHarvest
@ProfitHarvest, I would happily bet you 10,000 that Tesla goes no where near 200 in the next 6 months. S&P 500 induction soon to come.
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