2017 Investor Roundtable: TSLA Market Action

[Papafox]

I think the message just arrived.

Yes, the challenge is to keep TSLA above 230 in the low-volume afternoon hours. Some of the shorts haven't given up with the old tricks. While capping and mandatory morning dip have mostly gone away lately, the afternoon sink into closing is still a viable strategy for shorts. Let's hope the longs pick up the volume and get TSLA back on the plus side of 230 before close.

 

[larmor]

As far as tech companies, tesla remains a bargain. Other big tech players have had their run up and splits. Nvidia catching up now (past few months).

 

[MitchJi]

Yes, the challenge is to keep TSLA above 230 in the low-volume afternoon hours. Some of the shorts haven't given up with the old tricks. While capping and mandatory morning dip have mostly gone away lately, the afternoon sink into closing is still a viable strategy for shorts. Let's hope the longs pick up the volume and get TSLA back on the plus side of 230 before close.

I'm hoping for a brief dip to about $220-222 so I can buy more LEAPS at a nice price.

 

[theschnell]

I predict ending price today 229.99. But it won't be enough and we head higher tomorrow regardless...

 

[Turing]

Yes, the challenge is to keep TSLA above 230 in the low-volume afternoon hours. Some of the shorts haven't given up with the old tricks. While capping and mandatory morning dip have mostly gone away lately, the afternoon sink into closing is still a viable strategy for shorts. Let's hope the longs pick up the volume and get TSLA back on the plus side of 230 before close.

Holding above 230 on lower volume. Almost surprising to see.

 

[Tenable]

I'm holding a handful of 240 and 250 weeklies. ;-) Fingers crossed.

 

[geneclean55]

New HOD

 

[geneclean55]

This has to be demoralizing for shorts. Over 236.5 likely bring a world of hurt.

 

[geneclean55]

I believe Tesla may have a stock technician on payroll, or perhaps consultants. I will have to check the details but I am fairly certain the P100D press release coincided with an important technical event on the charts. Wonder if they time a release, maybe 100D availability when we approach 236.5. The only difference is the stock price was under pressure at that time (P100D press release) so they may have felt more compelled to defend the SP.

 

[Tslynk67]

I believe Tesla may have a stock technician on payroll, or perhaps consultants. I will have to check the details but I am fairly certain the P100D press release coincided with an important technical event on the charts. Wonder if they time a release, maybe 100D availability when we approach 236.5. The only difference is the stock price was under pressure at that time (P100D press release) so they may have felt more compelled to defend the SP.

One assumes that Andrea James might know how to read a chart?

 

[theschnell]

Solid close! Looking good right now.

 

[Papafox]

Solid close! Looking good right now.

Yes, the volume was high enough and longs hungry enough to close above 231. There were lots of one minute periods with several thousands of shares traded, and during the closing minute we saw 239,000 shares trade. One change from previous trading is that we've seen really big numbers during both the opening and closing minutes in recent weeks. These trades don't seem to significantly change the stock price, which might be the whole point.

 

[AudubonB]

+8.2% YTD? I'll take that week in and week out.

Let's schedule another GF tour!

 

[AlMc]

+8.2% YTD? I'll take that week in and week out.

Let's schedule another GF tour!

I would be OK with 8.2% each month

 

[Bgarret]

I would be OK with 8.2% each month

Argue for your limitations, and sure enough they're yours.

Richard Bach

 

[dmckinstry]

I would be OK with 8.2% each month

How about 8.2%/month for the next 5 years, compounded monthly. Let's see now. On 1/9/2022 share price would be $26,168. But I'm not greedy (Oh Yeah?) 4.1%/month for the next 5 years would give us a share price of over $2.57k per share.

 

[AlMc]

I would be OK with 8.2% each month

How about 8.2%/month for the next 5 years, compounded monthly. Let's see now. On 1/9/2022 share price would be $26,168. But I'm not greedy (Oh Yeah?) 4.1%/month for the next 5 years would give us a share price of over $2.57k per share.

You are correct. My 8.2/month is greedy.
I am with you, I guess 4.1 is, well, OK (begrudgingly admits it as he secretly wants 8.2)

 

[Turing]

Max pain for this week moved up to $220 from $215 going into today.

 

[racer26]

Max pain for this week moved up to $220 from $215 going into today.

A lot of the time I feel like playing the max pain game is mostly an effort in determining which is wagging, the tail, or the dog?

 

[AlMc]

A lot of the time I feel like playing the max pain game is mostly an effort in determining which is wagging, the tail, or the dog?

MaxPain works very well....on low volume Fridays