-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
InTheShadows
Active Member
Jonathan Hewitt
Active Member
Some people like me didn't get a delivery orientation but lucky for me I'm enough of a enthusiast I know the tips and tricks...
Raffy.Roma
Rome (Italy)
@RobotGrease
So on a daily basis TSLA is still in the 2nd channel and has still 2 channels of margin for development?
So on a daily basis TSLA is still in the 2nd channel and has still 2 channels of margin for development?
The most recent AAA magazine had a bunch of articles about EVs, and they pretty much all mentioned range anxiety and how EVs weren't for everyone, even the two articles that were incredibly positive about Tesla and owning a Leaf! So, great, I agree with Elon, anything that brings more decent EVs to the market is good.
chickensevil
Active Member
Actually that sort of explains the resistance today, since we are not only brushing up against the ATH but are also brushing up against the top of that channel. Here is hoping for a breakout tomorrow.
Say what you will about unicorns but there always seems to be an overall technical that this stock seems to follow quite nicely.
pz1975
Active Member
Either that or there are an infinite number of technical possibilities of which one can always be made to fit in hindsight.
My interpretation is that TSLA is at the top of its channel right now. Those two channels above it represent overbought/exuberant conditions and is a time when you should be selling, hedging, or maxing out on covered calls.
I agree, but at the same time there's still an amazing amount of negativity out there.
Chickenlittle
Banned
Yup. Big mention made of screen going black. No mention that car still drivable and simple reboot with both button down corrects. Makes it seem like screen had to be replaced. Oh we'll, take lumps but 40,000 happy owners/sales people out there
I have a brand new fully loaded Porsche 911 Carrera S (Sorry just a big Porsche and Tesla fan). The screen went out on that as well and theres no easy way to reset it. Oh and how about the windows randomly rolling down while I'm no where near the car!?!?!?!? STUPID IDIOTIC MEDIA!!!!!!!!!!!!!!!!!!!!!
chickensevil
Active Member
I'm cool with this downward movement, gives me time for my funds to clear for the purchase I am looking to make soon 
The Blue Owl
Endangerous Herbivore
In fairness, the CNBC coverage on this just now has been well-informed. Phil LeBeau, the guy who usually covers Tesla for CNBC, pointed out that CR actually praised the Model S, and that the company was eager to fix any quirks that may have developed. He ended by noting that TSLA closed yesterday at an ATH, and that this report will probably not influence the trajectory of the stock.
MartinAustin
Active Member
JP Morgan is having an automobile industry-related conference today+tomorrow at its New York offices. Various individuals from major auto companies are attending, and can either meet one on one or give presentations. Jeffrey Evanson from Tesla Motors will be giving a presentation at 2:15pm EST. (or maybe it's a Q&A, I dunno)
Perhaps we will hear some new snippit of news... though as we all know, staff don't like getting in front of Elon.
Auto Conference | J.P. Morgan
Perhaps we will hear some new snippit of news... though as we all know, staff don't like getting in front of Elon.
Auto Conference | J.P. Morgan
We have to form the cup handle first :smile:
Note how the break out for the small (1 month and a half) cup brings us right to the handle area of the large (5.5 month cup)
I would be really curious to see if any of the analysts will issue any notes today-tomorrow... JP Morgan perhaps...
- Status
Similar threads
- Locked