Short-Term TSLA Price Movements - 2013

[Bonken]

Cant believe how dead this place has gotten...

 

[CyberDutchie]

Cant believe how dead this place has gotten...

Slow day, no news, people traveling, TSLA moving sideways after the usual morning spike, etc. If you want action, SCTY is probably a better bet.

 

[mershaw2001]

I think there's been some interesting action, it seems that the bot that we see attempting to drive the price down has hit support in the 124.7 range, and no longer down in the 121 range. I'm glad to be seeing a move up, and i think we may see another attempt in the next few min to go down below 124 and if it doesn't gain traction we'll get some green in the last half hour.

 

[Causalien]

What appeared to be a breakout might have been deceiving. The first chart is what I have been going off of for a while now. After seeing the breakout take a pause, I went looking for more. See the the second chart with "new trend lines", I believe it might tell the story. I'm still very cautious here, until we clear more resistance or establish a stronger, consistent uptrend. Again, no advice, just what I'm seeing. As always, eagerly waiting to get long again (I'm currently long with ~20% of my original/intended holdings).

[SNIP]

Breaking the downward trendline drawn with the closing price is more significant than the downward trendline made by intraday spikes.

 

[marvinat0rz]

Model S second-best selling car in Norway in November, 527 cars registered. Lost 1st place to VW Golf, with 666 cars registered. Electric cars now have 12% market share among new car purchases in Norway.

Nissan Leaf has 512 registrations in November, VW E-Up has 275.

Takter mot toppår for bilsalget - DN.no

 

[yngwie_2012]

good news..we are going up tomorrow..

http://www.streetinsider.com/Corporate+News/Tesla+(TSLA)+Reports+German+Inquiry+into+Model+S+Fires%3B+No+Manufacturing+Defects+Found/8939429.html

 

[TSLAopt]

good news..we are going up tomorrow..

http://www.streetinsider.com/Corpor...;+No+Manufacturing+Defects+Found/8939429.html

Agreed, I think the NHTSA will follow suit soon too. Hopefully investor confidence will return and the momentum will be turned back upwards for a while, we begin our long march back to 200 now...here we go.

 

[MikeC]

I was wondering why it just jumped in after hours.

 

[justdoit]

Tesla also posted it on their site and Elon tweeted it. AH spike to $127. Wonder if it will carry over to tomorrow though. Seeing a number of news reports circulating the news and hope more pick up on it.

 

[Raffy.Roma]

Agreed, I think the NHTSA will follow suit soon too.

Hope that also other Countries like Switzerland, Norway, Belgium and so on will give the validation that the Model S is a very safe car.

 

[Lump]

[FONT=Helvetica Neue, Arial, sans-serif]I thought for sure the Germans would call for a recall or make more of a fuss since they are home of Mercedes, BMW, Porsche etc..happily [/FONT][FONT=Helvetica Neue, Arial, sans-serif]surprised by the news.[/FONT]

 

[Raffy.Roma]

I thought for sure the Germans would call for a recall or make more of a fuss since they are home of Mercedes, BMW, Porsche etc..happily surprised by the news.

I can tell you that German Authorithies are very serious and professional and if they say that the Model S is ok it means that is VERY OK.

 

[Norse]

I thought for sure the Germans would call for a recall or make more of a fuss since they are home of Mercedes, BMW, Porsche etc..happily surprised by the news.

Things does not work this way in Europe. Germany is a great country!

Anyways Salesforce seem to like Tesla: http://www.youtube.com/watch?v=LLoUpVexASI&desktop_uri=/watch?v=LLoUpVexASI&app=desktop

 

[bareyb]

I thought for sure the Germans would call for a recall or make more of a fuss since they are home of Mercedes, BMW, Porsche etc..happily surprised by the news.

The German people are more rational than we are here in the good old USA, where we tend to make decisions based on fear rather than logic.

 

[Causalien]

The German people are more rational than we are here in the good old USA, where we tend to make decisions based on fear rather than logic.

Once the investigation overhang passes, we are looking at closing the $150 gap in the short term. The risk reward for a gap play is very good.

 

[sleepyhead]

Once the investigation overhang passes, we are looking at closing the $150 gap in the short term. The risk reward for a gap play is very good.

Could you please explain this in detail?

What are the exact numbers that need to be "closed" for the gap to be considered closed?

Thanks.

 

[Lump]

I can tell you that German Authorithies are very serious and professional and if they say that the Model S is ok it means that is VERY OK.

Ok, good to know. thumbs up to the German Federal Motor Transport Authority,

 

[Ryo]

Cant believe how dead this place has gotten...

I for one actually welcome this. It was getting out of control before with 10 or 20 pages of posts on some days. Valuable posts were quickly buried by pages of garbage posts in many cases.

 

[MikeC]

I for one actually welcome this. It was getting out of control before with 10 or 20 pages of posts on some days. Valuable posts were quickly buried by pages of garbage posts in many cases.

Maybe a sign of the bottom. I might start thinking about selling some when this thread gets back to pages and pages of people asking for advice on which options to play.

 

[sleepyhead]

Maybe a sign of the bottom. I might start thinking about selling some when this thread gets back to pages and pages of people asking for advice on which options to play.

Spot on MikeC. The euphoria that was going on on TMC around September/October was a sign of a top, and one of the reasons why I started getting a little cautious on TSLA. Unfortunately I bought some Q3 ER options that went worthless, but I was prepared for that to happen:

Now I bought some longer term options and shares in TSLA in the $120 range; a big chunk of my portfolio now. Even though I thought TSLA would go up post Q3 ER, I will be a lot better off in the long run buying TSLA at $120.