in the cloud on a weekly basis.
’If I had asked people what they wanted, they would have said faster horses.' - Henry Ford Is TESLA on the right track? I think so and i think the stock price reflects smart money's perspective.
Should stay above the cloud and heading towards 21.88.
RSI cross over on a monthly basis. MACD cross over and in the cloud on a weekly basis. Out of the cloud on a daily basis. with right catalyst this could move fast to 240-250 range
should it come out of the cloud it could run big
on the log scale just on the edge. I have been predicting an uptrend for a while here. Elon is intent on getting us out of the downturn. In general the manufacturing line is being setup for the Model X with only producing the D model and the new color introductions. There will be no more delays with the X there actually may be early surprise this summer.
Keep in mind that Crude oil jumped by 5% and it is coming out of a double bottom (USO).
There are multiple good News to drive up the stock in the coming months. I think we will finally see the X released.
Just as most were to through in the towel... the big boys have decided to surge forward. We all need to become better surfers and ride the waves!
I don't think the analyst have come to grasp the potential of this stock yet!. I have knowledge of the field and the FDA approvals should improve sales. Technically, we are still in the wedge and I think we will breakout of the wedge in the up side as opposed to the down so I will continue to accumulate as much as possible for the long term.
The BAT formation is still in play. looking forward to the takeoff.
I don;t think so. The iwatch is not something that consumers will gravitate to. There has been news of Apple getting into the car business. If they do they will have to pay handsomely to take over TESLA. I think the recent comments by Musk about market cap were a directed hint to Apple. Musk was pointing to the fact that it will not be bought out cheap.
Previous Prediction in orange. Inverted H&S revealed since last update- I expect confirmation of Inverted H&S this week. Trend lines in purple. Long term uptrend intact. Potential support & resistances lines in Blue.
Weak hands were shaken out today and those whom have shorted would be in trouble if they don't cover. The earnings was not as I expected but with Media loom and doom and JIM Cramer's comment. We should be all buying in. Energy storage solutions should be coming out, and surprised that they have kept it under the cover for so long. The purple long term uptrend...
FDA approval. Start of US customer base Double bottom on a daily base. Cup and Handle formation. Wedge formation but not pierced yet. First Target raised to $8 ish
initial position taken into the stock at 18.31, the goal would be to reach the first Target above ~25. In the short term there may be a slight resistance in the downward channel.