I think this dip is the 'getting ready for X configuration announcement' dip before we crush $300I bought the dip. Let's hope I am not catching falling knives...
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I think this dip is the 'getting ready for X configuration announcement' dip before we crush $300I bought the dip. Let's hope I am not catching falling knives...
Markets getting whooped up - TSLA moving with the indexes.
So far I'm catching knifes. The downward trend hopefully ends by 11:30 and we start moving back up.
i bought on 9/15/14. history repeats itself....
i needed this! thanks!Often, when a stock has been moving up with so few pullbacks, any news can cause a big drop like this. This is because there are a ton of bulls profit taking, and a ton of others waiting for cheaper prices to step aboard. This is what has happened today. I wouldn't worry about it. The Model X will be revealed shortly and the stock will reach new all time highs. This 'downgrade', which includes an increase in their price target, now approx $20 higher than the current price is nothing. Stay long and strong.
I lost $26k that day. I don't want a history lesson, but it looks like it is happening now.
Greece nonsense and Morgan Stanley downgrade on a market downtrend day. Impeccable timing. But down 6% for this?
This is reminiscent of September 15, 2014 (What we were saying then). Morgan Stanley put out that strange note that downgraded TSLA, and by then end of the day we fell from ~274 to ~253, a drop of $20 and more than 7%. I hope this time isn't the same thing, and instead we consolidate a bit to form a cup and handle before Model X release.
Often, when a stock has been moving up with so few pullbacks, any news can cause a big drop like this. This is because there are a ton of bulls profit taking, and a ton of others waiting for cheaper prices to step aboard. This is what has happened today. I wouldn't worry about it. The Model X will be revealed shortly and the stock will reach new all time highs. This 'downgrade', which includes an increase in their price target, now approx $20 higher than the current price is nothing. Stay long and strong.
Greece nonsense and Morgan Stanley downgrade on a market downtrend day. Impeccable timing. But down 6% for this?