Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

2017 Investor Roundtable: TSLA Market Action

Status
Not open for further replies.

TrendTrader007

Active Member
Sep 4, 2016
1,749
10,404
USA
Gigafactory 2 is ready for production, for us this is known news. Not sure if this is a surprise for the market. I bought some today at the open. Still have unfilled orders.

The recent set up has been bullish. Today going above 303.7 was a confirmed buy. Then breaking 305 was a intraday cup and handle breakout.

There is a decent chance the next high will be around March.
i'll post my charts about weekly RSI that you brought to my attention in one of your recent emails as soon as I get a chance
your prediction was right on spot
 

TradingInvest

Active Member
Mar 8, 2017
1,697
13,689
USA
I am not a fan of short term gambling and it's not an "all stars aligned" situation. I think buying with cash around $300 with intention to hold 10 years has favorable risk/reward ratio. It's extremely unlikely for Tesla to bankrupt, yet the upside potential based on the Master Plan 2 points to 20+ fold.
 

hobbes

Active Member
Feb 11, 2013
2,630
13,244
Germany
There's no hidden news. FB and GOOG charts look the same.

Got news - looked at teslastats.no. No words. 120 Teslas registered in Norway today! 509 for December after just 6 days :eek:! All of last month (which wasn´t bad at all) was 997. (But I am aware this is not stock moving news)

EDIT: Just realized someone was quicker - 2017 Investor Roundtable: TSLA Market Action
 
Last edited:

MissAutobahn

Elon, please ramp up China-GF in ludicrous mode!
Apr 3, 2016
416
2,046
Germany-Frankfurt
TSLA has been pushing upward today in extended spurts accompanied by significant trading volume. That's usually a sign of institutional accumulation. Someone must know something. Eventually we'll learn what it is.
I just remember last year beginning of december we had the same situation. After downgradings in november $TSLA went up from dec4 on :cool:
 

Reciprocity

Active Member
Feb 27, 2017
4,160
10,905
Chicagoland
I just remember last year beginning of december we had the same situation. After downgradings in november $TSLA went up from dec4 on :cool:

Oh Yeah, I have a spreadsheet and last year was a lot like this year in that sense. Major losses for a couple of months then it took off like a rocket. I should have paid closer attention to that before I lost all that money...haha.. I guess ill make it back in the next 6 months.
 
  • Like
Reactions: DragonWatch

AlMc

'When the music is on...you gotta dance' (Go Elon)
Apr 23, 2013
7,348
15,507
Delaware
IMO, I do not believe that there is any 'unannounced/someone knows something' news causing the SP uptick today. It is mutual fund managers rebalancing their positions year end and looking to buy now what they believe will give them the best returns for next year. To all of us that believe that 2018 will be a good year for Tesla/TSLA, that means accumulating some TSLA now BEFORE good news starts to filter/flood out.

It could also explain the relative strength of TSLA to hold 300-305 the last few days in the face of a tech sell off/rotation.
 

TradingInvest

Active Member
Mar 8, 2017
1,697
13,689
USA
Gigafactory 2 is ready for production, for most of us this is known news. Not sure if this is a surprise for the market. I bought some today at the open. Still have unfilled orders.

The recent set up has been bullish. Today going above 303.7 was a confirmed buy. Then breaking 305 was a intraday cup and handle breakout.

There is a decent chance the next high will be around March.

When I bought at the open today while the stock was approaching $300, I didn't expect it would reverse 4% right away. I thought there is a decent chance it would break below $300 and hit a lower support level. It still could drop.

I bought because I think the stock is very undervalued, so I just keep adding. Will add more around 280, then 250, if we get there.

In case we do get a rally in the next few months, (for the trading shares) instead of selling them at a predetermined price, I would try to decide the next move based on business development and technical charts. For example, if Tesla shows a perfect autonomous driving system, then I should add more shares at $400, instead of selling for a quick profit.
 

Hogfighter

Professional Lurker
Sep 7, 2012
1,045
4,887
Florida
I bought Jan '19 calls the other day ( which I haven't been in calls for months) due to:

1) lower end of trading range for the last 6 months
2) all that cash pouring in for Roadster/Semi reservations is not being noticed by the market
3) We're closer to the 3 ramp than we were a few months ago
4) Tesla Energy has been too quiet for too long, they gotta ramp up sometime soon

We'll see if it pans out, but I like my chances!
 

bdy0627

Active Member
May 19, 2015
3,505
12,087
Appleton, WI
Nice day today! I actually checked my portfolio balance at the end of today for the first time in a few weeks. I needed that! I tend to side with Al that this isn't about insider information regarding some big news Model 3 or otherwise.
 

MartinAustin

Active Member
Jul 21, 2013
2,728
11,532
Austin, Texas USA
Generally Q4 is a big deliveries number. Do we think Tesla might deliver 30,000 S+X in Q4 ?

If so, it would help silence those that think demand is plateauing.

If not, perhaps along with Model 3 the number could be 30,000 ?
 

Curt Renz

Well-Known Member
Mar 5, 2013
6,634
86,658
USA
This will undoubtedly take the prize for most idiotic article of the day.

I emailed the author about her headline implying that signs of flagging Model 3 demand are facts, when nothing in the article made them appear to be more than assumptions made by the analyst.

She replied, "I take offence at that. I know Eric and I believe his research has integrity. I'm sorry that you are so dazzled by Tesla that every time someone expresses bearish sentiment you feel obliged to write a snotty email in an attempt to shut them down. If you read my stories, I think you'll see that i research them carefully and have high standards."
 

neroden

Model S Owner and Frustrated Tesla Fan
Apr 25, 2011
14,676
62,627
Ithaca, NY, USA
I'm pretty much hoping the market will stay strong until we have the ramp up. Christmas rally. Weakness in the broader market will IMO guarantee sub 300, but I'd like to think there will be sub-300 buyers who see the ramp up right around the corner.

Keep in mind shorts have moved in during the past 30-45 days (short interest).
And historically, short interest has maxed out at local lows and receded at local highs (exactly the opposite of what short sellers want to do)
 

EinSV

Active Member
Feb 6, 2016
4,330
21,540
NorCal
I emailed the author about her headline implying that signs of flagging Model 3 demand are facts, when nothing in the article made them appear to be more than assumptions made by the analyst.

She replied, "I take offence at that. I know Eric and I believe his research has integrity. I'm sorry that you are so dazzled by Tesla that every time someone expresses bearish sentiment you feel obliged to write a snotty email in an attempt to shut them down. If you read my stories, I think you'll see that i research them carefully and have high standards."

All I can say is I am glad I didn't have any food or drink in my mouth when I read that!:)
 

neroden

Model S Owner and Frustrated Tesla Fan
Apr 25, 2011
14,676
62,627
Ithaca, NY, USA
I emailed the author about her headline implying that flagging Model 3 demand is a fact, when nothing in the article made it appear to be more than an assumption made by the analyst.

She replied, "I take offence at that. I know Eric and I believe his research has integrity. I'm sorry that you are so dazzled by Tesla that every time someone expresses bearish sentiment you feel obliged to write a snotty email in an attempt to shut them down. If you read my stories, I think you'll see that i research them carefully and have high standards."

I'd probably send back an email saying that perhaps she misunderstood Eric Ross's research -- since according to her article, Eric is claiming that Model 3 demand is dropping because there's too high a backlog due to rising Model 3 demand, which is essentially a contradictory claim.

As an admitted ultra-short-term analyst, Eric's belief that the stock price may not go up until later in 2018 is plausible, but the statements about demand make no sense -- and with a large backlog, demand is not even relevant to the short term. If he's making a short-term call, it isn't about demand.
 

TMSE

Member
May 17, 2016
932
1,945
Seattle
I emailed the author about her headline implying that signs of flagging Model 3 demand are facts, when nothing in the article made them appear to be more than assumptions made by the analyst.

She replied, "I take offence at that. I know Eric and I believe his research has integrity. I'm sorry that you are so dazzled by Tesla that every time someone expresses bearish sentiment you feel obliged to write a snotty email in an attempt to shut them down. If you read my stories, I think you'll see that i research them carefully and have high standards."
Wow! She sounds very bitter! She doesn't sound like an impartial journalist. Amazing to see so many corrupt media persons in the pockets of Oil / ICE mafia.
 
Status
Not open for further replies.

About Us

Formed in 2006, Tesla Motors Club (TMC) was the first independent online Tesla community. Today it remains the largest and most dynamic community of Tesla enthusiasts. Learn more.

Do you value your experience at TMC? Consider becoming a Supporting Member of Tesla Motors Club. As a thank you for your contribution, you'll get nearly no ads in the Community and Groups sections. Additional perks are available depending on the level of contribution. Please visit the Account Upgrades page for more details.


SUPPORT TMC
Top