Tesla's price after (and before) the split was well over-priced. The stock now recovers to its appropriate territory, around 225$-275$ a share.
However, in my beliefs, Tesla has several upcoming news, that would make some motor companies, far behind them.
Giga-Berlin: increased production in Europe, thanks to Giga-Berlin being in development and construction; as news about its completion and production, the price will get higher.
Battery Life Span: Estimated 1 Million-Mile battery (1,609,344 KM) - a new benchmark to the newer battery's total time-life span, which no other EV car-maker has (or will) achieve anytime soon.
Battery Range: new battery proposed (Tweet by Elon Musk) to have a better cell formation, which is denser than the current market based lithium-ion batteries.
Overall, Tesla's CEO, Elon Must might give shareholders (and future investors) an incentive towards the future of Tesla, and that should help push the stock towards 370$ - 400$ a share price range around the end of September.
Note: this is not financial advice of any kind! All information here is based solely on my perspective. Note: I Own Tesla Stocks, therefore I predict this for self-evaluation
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My Predections played out amazingly. Made a 140% profit on that play. Now it's time to play aounrd 750-900$ and it should pop again to 1200+
Hey I question for ya, where can I view the MACD for Tesla? If I can see the cart and the MACD, I would be able to better trade and make more money than I am making now....thanks!!
shanytc
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@TomDen1 you should find the MACD in the indicators panel. search MACD and click it. it should be added to the screen as a panel before the stock chart. u can edit it if u click on the COG wheel.
TomDen1
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@shanytc, how far down and in what time frame do you think TSLA will fall too? I'm thinking $250 in a week....
shanytc
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tesla now predicted to go higher. 250$ is unlikely. the major sell on tesla was tesla try to sell as much stocks as possible to enter the S&P500 list. failing to achieve 50% public shareholders. its a bull run from now on. here and there small dips.
shanytc
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My prediction was almost spot on! a few sideline move but that's ok. prediction works. whoever followed me, could get a nice profit!