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Dude, you always get me so excited! And then nothing ever happens...![]()
I'll see you...and raise you
I could write a whole article about it if I wanted to but I strongly believe that 2018 is going to prove for $TSLA what 2017 proved to be for bitcoin
There is likely to be a huge rally in $TSLA shares in 2018 similar to 2017 rally in bitcoins and The melt up could start any given day maybe as soon as tomorrow
Look at the bitcoin chart. It took several years for the current parabolic pattern to emerge. Similarly, tsla may take its sweet time for the parabolic pattern to develop. It’s not a question of if but when. And every single day brings us another day closer to the inevitableDude, you always get me so excited! And then nothing ever happens...![]()
I don’t except tsla to match the ferocity of btc rally . It could However go up 3 to 6 Times current price over the next 1 to 2 yearsBitcoin is 16-17X what it was at the start of 2017. Tesla doing that in 2018 would put it neck-and-neck with Apple for the world's largest market cap. Would you settle for a Tesla market cap matching Apple's current cash balance, $270 billion, or about $1575 per TSLA share, by the time all the financial media busily trying to trash Tesla and Elon today start explaining to all of us, "Elon is what capitalism is all about... always told you Tesla and Elon are winners!"
But why is it going up? Is it all the news about Semi reservations? People seeing more TM3s?Going above 320. 5 points up.
Expected resistance. let's hope it keeps going and we are just getting started.![]()
But why is it going up? Is it all the news about Semi reservations? People seeing more TM3s?
Lots of lots with lots of 3s (in US and Canada)?But why is it going up? Is it all the news about Semi reservations? People seeing more TM3s?
My guess would be the rumor of Model-3 ramping (because of the sightings)
But it is still low volume.
Just imagine what will happen when we see formal confirmation the bottleneck at the GigaFactory is resolved.
Combination of FOMO and shorts covering I guess.
Maybe some others like Papafox will have data on the short % of action today.
Edit: again a nice day in Norway. Today 78 and counting, 2.077 for Q4 (and counting).
Tesla Registration Stats
yes... huge news. 15 minutes worth of GM's deliveries were seen somewhere in a parking lot. that should be worth about $10b in market cap.Last night, we saw videos of LOTS of Model 3s posted on this thread. At 7:15am Eastern time, Electrek.co published this story about the huge number of Model 3s spotted at California delivery centers this weekend. I think a big jump in Model 3 sightings is the cause of the rally (with the belief that a major bottleneck in Model 3 production is getting resolved).
With TSLA at nearly 324, it is less than $2 from crossing both the 100 day moving average and 200 day moving average. That event could bring technical traders onboard. It is truly a fun morning for TSLA longs.
50 day and 200 day SMA are at 325, 100 day SMA is at 338 imho.With TSLA at nearly 324, it is less than $2 from crossing both the 100 day moving average and 200 day moving average. That event could bring technical traders onboard. It is truly a fun morning for TSLA longs.
yes... huge news. 15 minutes worth of GM's deliveries were seen somewhere in a parking lot. that should be worth about $10b in market cap.
But why is it going up? Is it all the news about Semi reservations? People seeing more TM3s?
Apple or Google buying Tesla and Elon remains on board now that he's proven to succesfully launch an affordable ev?As I noted about the trading on Wednesday, we are again seeing buying interest in extended spurts accompanied by volume. This is a typically a telltale sign of institutional accumulation of shares.
50 day and 200 day SMA are at 325, 100 day SMA is at 338 imho.
Which ones are considred as important?