Tesla saw a big gap down this morning from $518 to $494, followed immediately by a huge spring shortly after open in the first 5 minutes that saw the stock rebound to $509.50 on strong volume. So what's driving this: #1) Tesla Fanboys (AKA Bulls) - there are a ton of diehard tesla bulls out there, and after the stock rose to $550 earlier this week, anyone that...
Tesla is setting up for a nice afternoon. Elon Musk fanboys gonna wake up and we'll see the same slow march up through the rest of the day that we normally see with tsla. Might be some short term selling over lunch. DON'T GET SPOOKED! The parabolic squeeze is followed by a big move to the upside 70%+ of the time. TSLA FTW!
TSLA overheating and valuations are currently stretched for even the most optimistic assumptions. Based on current valuations at $490, Tesla would need to be delivering 1,300,000 cars within the next 5 years. In my models, stock is fairly valued at +/- 280 but with an initial target of 360. On technical side at the top here you will notice exhaustion as...
TSLA is pushing higher and it has overcome some obstacles to achieve this, two small death-crosses while consolidating, all while maintaining a clear upward trend.
if price breaks above immediately then we will soon get a different Elliot Wave count
ITS THE PERFECT DEFINITION OF "BUY LOW SELL HIGH" TESLA STOCK JUMPED ALOT THESE DAYS BUT A DOWNFALL IS INEVITABLE. THIS TRADE IS BASED ON SPECULATION SO TRADE AT YOUR OWN RISK.
amid this news plus technical analysis, I think there will be a price recovery plus you need to block the gap Electric Porsche Taycan Will Hardly Beat Tesla (TSLA) with Its $150,900 Base Price Four years after Porsche showed us the original Mission E concept, the 2020 Taycan is finally here showing that there is a real alternative to the Tesla Model S that has...