2017 Investor Roundtable: TSLA Market Action

[1kEE]

Markets overall getting dragged down by pre-Trump speech jitters....

I'm hoping for a recovery after the speech.

 

[geneclean55]

TSLA holding up well so far during that dump

 

[ev-enthusiast]

Anybody else currently trading the oscillations between upper and lower boundaries of the BB on the daily chart?

 

[1kEE]

Anybody else currently trading the oscillations between upper and lower boundaries of the BB on the daily chart?

I used to enjoy doing that but last few days make me too gun-shy to increase my position any further.

 

[1kEE]

250... oh the lovely number.... is it support, is it resistance?

 

[Dwdnjck]

Yes

 

[ev-enthusiast]

I used to enjoy doing that but last few days make me too gun-shy to increase my position any further.

Only small positions for these short term trades here as well as they have proven very risky for me.
It helps me a lot to predefine an exit strategy and to stick to that. Exiting these short term trade as early as possible might reduce risk a bit.Trying to keep emotions out of the game. It's not Tesla it's just $TSLA.

 

[vgrinshpun]

Yes

... and No.

 

[1kEE]

Only small positions for these short term trades here as well as they have proven very risky for me.
It helps me a lot to predefine an exit strategy and to stick to that. Exiting these short term trade as early as possible might reduce risk a bit.Trying to keep emotions out of the game. It's not Tesla it's just $TSLA.

I usually do pretty good with that type of trade, however my reluctance to sell at a loss got the better of me over the last two weeks. End result is a larger than comfortable position that I would like to thin down at a more opportune time than days like yesterday!

 

[1kEE]

What does everyone think on the Trump speech tonight? It's 9pm ET, thinking of monitoring index futures during the speech to get a feel for market opening tomorrow...

 

[Waiting4M3]

What does everyone think on the Trump speech tonight? It's 9pm ET, thinking of monitoring index futures during the speech to get a feel for market opening tomorrow...

it will be tremendous, the impact on the market will be yuuuuge, best speech ever!

 

[Dwdnjck]

And the most truthful, especially when he says, "trust me".

 

[1kEE]

Interesting little move up towards close despite a move down in the broader markets...

Probably consumer reports ranking Tesla top amongst US automakers.

Audi repeats as Consumer Reports' top brand; Tesla leads domestics

 

[dw4ngg]

Interesting little move up towards close despite a move down in the broader markets...

Probably consumer reports ranking Tesla top amongst US automakers.

Audi repeats as Consumer Reports' top brand; Tesla leads domestics

FALSE!

 

[larmor]

What does everyone think on the Trump speech tonight? It's 9pm ET, thinking of monitoring index futures during the speech to get a feel for market opening tomorrow...

Less regulation coupled with increased spending on defense and infrastructure, this alone will be positive for the markets. This is immaterial of the messenger or party affiliation.

 

[1kEE]

That little move grew some legs!

 

[Noble Ninja]

At least one technical trader sees a big upside:

The technical reason why Tesla shares could soon rise 54%

Makes sense, as the yearly low ($178) and high ($287) is a $109 range and -38.2% fibonacci from the high (or +61.8% from the low) is about $245 (50-day EMA is $245).

But wait, a bullish TSLA report posted on CNBC? Is that even possible?!

 

[geneclean55]

Twitter traders perking up over TSLA

 

[winfield100]

What does everyone think on the Trump speech tonight? It's 9pm ET, thinking of monitoring index futures during the speech to get a feel for market opening tomorrow...

???who iz designated survivor???

 

[dennis]

???who iz designated survivor???

Betsy DeVos