Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Artful Dodger]

RSI is indicating that the stock is overbought -- curious if others think this could lead to a cooling-off period.

$333.87 is the next resistance level.

EDIT: MMs are defending $300. Beau coup Calls still open at that level.

 

[Mike Smith]

It's gone up too far too fast. I don't see why momentum traders would let the shorts off the hook now.

 

[avoigt]

View attachment 469461 What just happened to Tesla and the Shorts ...

Turns out this moment was not a moment but remains for 2 days now....

Pretty unpleasant feeling unless you are the Fox.

 

[Dan Detweiler]

Doesn't count Dan, you have to write it out...

LOL!!!

Oh come on, use your musical imagination. That's what makes it fun!

Dan

 

[avoigt]

Really odd stock movement today and without any doubt manipulation on a high level. The more important questions is if this was wasted money as more people realize numbers are indeed without a doubt positive and we may see more buying pressure tomorrow. Don't exclude them to through all in tomorrow to control the move as since a while I believe this is not just hedge funds and shorts but oil&gas funds.

To answer my own question from yesterday, its been wasted money.

 

[elasalle]

My Jan 20 Calls which I couldn't roll to 21, and was writing off as loss have come back to life ......

 

[jkirkwood001]

In celebration of the Q3 surge to $TSLA, I've updated my chart of market capitalization of all the major auto manufacturers. Tesla ($58.3B) is back up to fourth most valuable auto manufacturer in the world. They just re-passed GM, Honda and BMW.

Over the last 3 years, Tesla's market cap has grown 17.3% / year - best in industry by far. Toyota, VW, and GM have also grown, but the rest are sinking. Surely the companies' individual values are partly a reflection of their respective electrification strategies, no?

 

[SpaceCash]

Power hour ain't even begunst

 

[Todd Burch]

It's gone up too far too fast. I don't see why momentum traders would let the shorts off the hook now.

Disagree. Still undervalued. It's still correcting back to where it should be.

 

[Artful Dodger]

Intraday high now $328.44 $330.00 (MMs interrupting the runup...)

 

[Cherry Wine]

I'd honestly forgotten what it was like to have these kinds of runs.

 

[ggies07]

$333.87 is the next resistance level.

I need $350 to get back to my first 10 bagger.

 

[Chickenlittle]

I always enjoy reading accounts of those believing they have made a killing by selling that day during the start of a squeeze. They never think about waiting a few days before bragging

 

[M3Rider]

@tivoboy was planning to show up and tell us what to expect when things change. Has that happened?

 

[sparcs]

Is it a prisoner's dilemma that I don't know what to do with the extra 200 shares I bought at $243 just before earnings?

My plan was to trade them for a $20 or $30 gain. lol

 

[Dan Detweiler]

Intraday high now $328.44

Replace "shakin' with coverin'!

 

[Earlian]

Damn it, you guys keep making me do this stuff. You said rubber biscuit. lol!

Dan

Man! Thanks for that.

I have to watch the movie again I’m my Model 3 soon.

But for now, the best place to be is right here with the TMC crew!

What a day!

 

[StealthP3D]

My Jan 20 Calls which I couldn't roll to 21, and was writing off as loss have come back to life ......

Not very meaningful without knowing the strike price(s).

 

[StarFoxisDown!]

I'd honestly forgotten what it was like to have these kinds of runs.

Seriously, the past year has been such a strange year. Not only for the stock, but for the company as well. A huge span of time where there wasn't anything new in terms of announcements or positive surprises. The Model Y reveal was intentionally downplayed. Now we're on the cusp of cyber truck reveal, giga 3 operational, early model y volume production, mega pack selling this quarter, and this new solar announcement. So much going on now. Feels the same way with the stock action

 

[Garlands]

Too bad for the bears that there isnt a 10% gain circuit breaker