Still above 10 ma, since the ER. Might get up to 320, and then see what happens around the 200 ma and 50 ma.
Well, TSLA happens to be volatile, and quite often. But for me, it doesn't mean to underestimate the stock.
I probably need to get some of this into the portfolio soon. The $7.50-box by 3-box-reversal Point & Figure chart shows enough cause to effect a mark-up to $922.50. It probably has work to do in this trading range, but it is at the bottom of the range; the lower-risk position for a 20% rise to the top of the range at $380.
The fact this has gone up 1000% in 4 years is a clear message. Market loves what tesla is doing, ALL things considered, wants more
Yes, it is really an extremely positive outlook, but I think that we should give TSLA the opportunity to reach at least $400 first.
Im seeing more and more Tesla's driving around these days, its really nice to see so many people embrace electric vehicles so fast.
Amazing stat there. On the same note I am confident that my toddler will never drive a gas powered car. He will go straight into an electric, never knowing a gas station.
Well as shown, the $922.50 target is based on a point and figure chart which by the nature of its construction has no "time" element. Time is in essence filtered out which has its advantages for identifying "cause and effect" or put another way "accumulation and mark-up" or "distribution and mark-down". But alas, without time, it can't predict how long it will take to get there. For that you need to use a vertical chart (bar chart, candlestick chart, etc). After the mark-up is established you can estimate the time by measuring the stride, that is, the slope of the trend.
Why is every car Co trying to develop EVs, if it’s a bad, unprofitable business? TSLA will print money with production volume.
Closed at Price where it previously broke out from. Big reversal today and rest of week... back to greater than $350
I will buy the pickup truck when it finally hits the line. The latest sketches are awesome looking. In the not to distant future combustion engines will be eliminated, E.V.s are the future. Self driving electric semis, coming soon to a town near you, bet on it..
Tesla isn’t an attractive investment now — not just because of the stock’s high valuation but also because it fails a basic quality test, which I shamelessly borrowed from Warren Buffett: Would I own the shares if the stock market were to close for 10 years? Here is a great article: https://www.marketwatch.com/story/why-tesla-is-literally-an-unbelievable-stock-2017-12-21
