Car & Driver called it the "most important car of the century". The stock just retook its 50 day moving average and is off to the races. Electric Vehicles (EV's) will replace Internal Combustion Engines (ICE's) sooner than the market expects. This is now a virtuous cycle - more Model 3's sold leads to more money invested in batteries leads to cheaper costs to...
TSLA could soon enter into the world of top 15 automobile makers as it's Model 3 is on it's way due in July 28th. I am looking at a long opportunity @345.00 where I expect some resistance and a pickup in the overall trend. Just throwing in my two cents. Cheers!
$TSLA is running strong and has formed a cup and handle. It is overbought, but that hasn't bothered it before. It's also at the 38.2% fib, but look at the chart, there are no clear previous fib touches. This is a momentum stock, and I'd buy it TP 234.40, then 61.8% point, if not further.
Current Reisistance @ 217-219 (.618) Look for resistance to test .382 @ 240's
NASDAQ:TSLA · 200.00 Line -- Keep an eye
If Elon Musk’s vision of the future proves to be correct, we’ll zipping around in driverless cars by 2018 and colonizing Mars not long thereafter. Musk, who founded Tesla, SpaceX, and PayPal, shared these and other bold predictions when speaking on stage at Recode’s Code Conference on Wednesday. Here are a few of his boldest statements: People will go to Mars by...