2017 Investor Roundtable: TSLA Market Action

[TrendTrader007]

Weekly chart is consolidating nicely in a symmetric triangle with an upside breakout coming maybe as soon as next weekwith the hollow red weekly candle this week which portends an upside big break out

 

[TrendTrader007]

On daily chart Tesla re-took the 50 day moving average which is a positive development and potentially bullish
Notice the relative strength has improved to 90 and this is steady over the last several days with an upside breakout coming any day now maybe next week would be my bet

 

[geneclean55]

Do you have a link for this, including the reply referenced in the post?

I guess it was in response to a question from model3ownersclub?

Model 3 Owners Club on Twitter

ok scratch that... it was liked by elonrmusk. Fake account

 

[T34ME]

Tesla is forming a flag on monthly chart

Thanks for getting us back on topic!

 

[GoTslaGo]

View attachment 254027 Weekly chart is consolidating nicely in a symmetric triangle with an upside breakout coming maybe as soon as next weekwith the hollow red weekly candle this week which portends an upside big break out

Did you see the Unicorn?

 

[Krugerrand]

Any discussion or insight on firings on Friday? Was this solar city people still producing in Fremont? Battery production moved to Sparks? Headcount cutting to manage cash flow going forward, or have they implemented some Jack Welch cut the lower percentiles?

OMG, wake me up before you go-go is my thought on the topic. Some people got fired for not being needed, not performing, wanting a union, showing up late, wearing their underwear on the outside of their pants, what have you.

Tesla said they are still hiring. Visit their website if you (general you) don’t believe their public statement.

Non-issue. Business as usual. Not worth discussing. And especially not worth the rampant speculation, handwringing, or hyperventilating going on in other threads.

 

[Krugerrand]

Did you see the Unicorn?

View attachment 254036

Hate to correct you but that’s a dragon, not a unicorn. It’s a common mistake. A unicorn’s horn is never below the eye line. Don’t worry, I’ll let you know when it’s a unicorn.

 

[HG Wells]

Hate to correct you but that’s a dragon, not a unicorn. It’s a common mistake. A unicorn’s horn is never below the eye line. Don’t worry, I’ll let you know when it’s a unicorn.

Oh good. I was thinking it was a snake not a dragon.

What is that nursery rime?
Some thing about Snakes in the morning, Annalist take warning.
Dragons at night, shorts delight ?

Been too long. Better go look for the nurse. Need my double martini.

 

[winfield100]

The thread is supposed to be about the trading TSLA (short term prospects for TSLA). I think that it's a hopeless cause, but posting useless wild and irrelevant statements isn't helpful.

i kinda use this thread as a validation, not of my trading (although i went back over 2 years of TSLA and was surprised to find 14 sales and 30 buys, so perhaps i do trade ""a bit"") I mostly try to DCA and accumulate, so when i die/croak/upload into a neural link/transition/whatever my children will inherit all my shares and have even numbers to divvy up (2 kids). I find the thread valuable for both short and much longer term. i have paused DCA'ing a bit, ONLY due to hurricane Irma and unexpected costs from that one.
happy investing

 

[ValueAnalyst]

Deliveries continue
Instagram post by Quinn Murphy • Oct 14, 2017 at 1:44am UTC

Vin 516 at Palo Alto Tesla. • r/teslamotors

VIN 516

These two data points, do not confirm, but support my view that Model 3 production ramp is about two to three weeks behind "tweet schedule," and they are also in-line with Elon's prediction that "December will be a big month."

If my hypothesis is correct, I would expect additional VINs to emerge by Friday, further acceleration (i.e. dozens) in the last week of October, VIN 1134 to be delivered by mid-November, Tesla to be producing 1,000 Model 3's per week by end-November, and 13,000+ deliveries in December, for a total of 15,000 deliveries in 4Q17.

This hypothesis is the primary reason why I expect TSLA to start rising by the end of October and into year-end.

 

[madodel]

Did you see the Unicorn?

View attachment 254036

If it is a Unicorn shouldn't it be farting rainbow sprinkles? My understanding of the TA is that would be a sign of a huge short squeeze, or maybe not.

 

[ZsoZso]

Did you see the Unicorn?

View attachment 254036

Clearly, that is not a unicorn (horn in wrong spot), but a Rhino -- which is well known to be stronger than a Bull:

 

[kenliles]

Here's Everything Elon Musk Unveiled About Tesla and SpaceX in Saturday's AMA — Futurism

 

[dc_h]

View attachment 254026 Tesla is forming a flag on monthly chart
from the bottom of the flag to the top of the flag it is 380-180 which is equal to $200. Now add $200 to 355 and you get a price target of $555 over the next several months
All my calculations indicate a PT of $550 over the next 3 to 4 months

Thank you for discussing the market. 3 paged seems like first post about market.

 

[AlMc]

Here's Everything Elon Musk Unveiled About Tesla and SpaceX in Saturday's AMA — Futurism

Ken, did I miss it? I saw no reference to Tesla. Interesting info on SpaceX/Mars travel/communication.

 

[D-egg-O]

Maybe this will make the rounds in the news this coming week. One can dream.
Tesla power pack? In San Juan Puerto Rico FedEx ramp. • r/teslamotors

 

[kenliles]

Ken, did I miss it? I saw no reference to Tesla. Interesting info on SpaceX/Mars travel/communication.

No you didn’t miss it. There was nothing particularly specific to Tesla
That was likely a headline inclusion to click bate
Only SpaceX info inferred to our own speculative correlation to Tesla would apply Al

 

[kenliles]

Maybe this will make the rounds in the news this coming week. One can dream.
Tesla power pack? In San Juan Puerto Rico FedEx ramp. • r/teslamotors

And it’ll be critically used!

 

[DaveT]

These two data points, do not confirm, but support my view that Model 3 production ramp is about two to three weeks behind "tweet schedule," and they are also in-line with Elon's prediction that "December will be a big month."

If my hypothesis is correct, I would expect additional VINs to emerge by Friday, further acceleration (i.e. dozens) in the last week of October, VIN 1134 to be delivered by mid-November, Tesla to be producing 1,000 Model 3's per week by end-November, and 13,000+ deliveries in December, for a total of 15,000 deliveries in 4Q17.

This hypothesis is the primary reason why I expect TSLA to start rising by the end of October and into year-end.

Doesn’t make sense. If VIN 1134 is delivered by mid-November that means things are AT LEAST 6 weeks behind schedule not 2-3 weeks. Because according to Elon’s prior tweeted schedule you linked to, VIN 1134 should have been delivered by end of Sept.

 

[dc_h]

Doesn’t make sense. If VIN 1134 is delivered by mid-November that means things are AT LEAST 6 weeks behind schedule not 2-3 weeks. Because according to Elon’s prior tweeted schedule you linked to, VIN 1134 should have been delivered by end of Sept.

It should have been built by end of September. I do agree they seem to be more than 2 weeks behind, but 4-6 weeks behind would be about 6-52 weeks earlier than most analysts are estimating.