-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
TSLA Investor Discussions
- Thread starter Fr23shjive
- Start date
-
- Tags
- investment market TSLA
- Status
One more you may find interesting. This is Tesla stock overlayed with gasoline future prices. Because the company is pre-earnings, traders like to have a reason for it to go up or down on a given day. Historically that reason has been gasoline prices. I believe as the story continues to play out the correlation to gasoline will minimize (or reset). Just food for thought.
Steph
Member
You can make charts say a lots of things, imagination has no limits. Technical analysis has it's limit.
On a volatile stock like TSLA and with all the manipulation going on, it will burn you one day or the other. We saw that yesterday and this morning. Lots of day traders wannabe got burn pretty badly.
When we are winning, we thing we are geniuses, then the humbling moment...
The best plan is to still look at technicals and fundamentals but to hold. The company is succeeding, every clues point in that direction. It is also much less stressful.
bonnie
I play a nice person on twitter.
Wait. Whaaat??? ... you were *cough humbled cough cough*??
Be right back. Need to make sure the rest of my world hasn't gone crazy on me.
Citizen-T
Active Member
Oh, and I don't know. You probably didn't get burned if you were a technical trader that sold around 35.80 because we were at the top of the range and the bought at the 200-day because you knew that's where the support was. And if you believed in the technicals enough to short it on the way down too...
Make no mistake, a lot if money was made these past two days.
Sent from my Nexus 7 using Tapatalk 2
Steph
Member
Yes, lots of money was made in the last two days but an equivalent amount of money was lost, don't forget that.
What if, after you sold, the stock jumped to $45 and hold? That would have been a terrible trade would it? It could of happend, all technicals were there. But then, came the external factor, in this case, the manipulation.
Bonnie, I've had a lot of humbling moments in my life, I still do mistakes, but it's because I try things. But rarely do the same mistake twice (but it did happen)
The one thing I learned is to doubt everything and everyone, make sure to constantly requestion my beliefs. But when I'm sure of something, usually I'm a bit vocal about it
Johan
Ex got M3 in the divorce, waiting for EU Model Y!
How did your trade go?
My guess is they used this: Get Amped Tour: News from the Road | Blog | Tesla Motors
Lots of shorts are using it to say they still have problems and they won't make it. BS. That's all it is.
I made 30 dollars
Steph
Member
Johan
Ex got M3 in the divorce, waiting for EU Model Y!
Good for you
Edit: but you also lost about $2/share at this time....
Yes, and I "lost" over 10k by not selling all my shares two days ago when price was 36.
Steph
Member
It should be back to ~$36 this afternoon, so you're good.
Oh, wait... you sold it all...
Citizen-T
Active Member
No. The technicals were not there to support that kind of action. It could have happened, but the odds were against it. If it had, it wouldn't have been a bad trade. Nobody ever got hurt taking a profit, you get hurt when you get greedy.
In other news: more confirmation of delays, though the reasoning behind this one makes me think it is not a "problem" as much as it is just taking longer than expected to spin up at the appropriate quality.
Latest date
Steph
Member
We had a possible gap fill going on, yes the technicals were and are still there IMHO.
bonnie
I play a nice person on twitter.
Bonnie, I've had a lot of humbling moments in my life, I still do mistakes, but it's because I try things. But rarely do the same mistake twice (but it did happen)
The one thing I learned is to doubt everything and everyone, make sure to constantly requestion my beliefs. But when I'm sure of something, usually I'm a bit vocal about it
Yes. Yes, you are.
Citizen-T
Active Member
That is very good news. There is no doubt that there has been a delay, I wonder if this means that, while they are slow getting the first cars out, they still intend to ramp up fast enough to get back on track by Oct.?
This hasn't changed anything as far as the delay. R113 was put in November, so that puts late sigs in Oct.
At the test drive event I went to there was chatter about some minor tweaks in amenities that they were considering.
Some of this was mentioned in the Get Amped Test Drive blog written by George Blankenship at the Tesla Motors site.
Apparently those changes won't effect my October delivery date. :biggrin:
Get Amped Tour: News from the Road | Blog | Tesla Motors
Some of this was mentioned in the Get Amped Test Drive blog written by George Blankenship at the Tesla Motors site.
Apparently those changes won't effect my October delivery date. :biggrin:
Get Amped Tour: News from the Road | Blog | Tesla Motors
From an investor perspective, I welcome news of delays. It's cause for uncertainty and downward movement in share price. I've been buying on the dips since the IPO and am Long.
Watching SpaceX delays and eventual flawless execution of the recent mission leads me to assume Tesla is following the same strategy. No one remembers the delays but everyone remembers a disaster. Shipping hundreds or thousands of cars with problems is akin to a SpaceX mission failure. I trust Tesla to deliver a good product and not rush to deliver cars they are not happy with. The market doesn't really comprehend this and hence we benefit from the opportunity to buy at discount. That's my take on this on recent news.
Watching SpaceX delays and eventual flawless execution of the recent mission leads me to assume Tesla is following the same strategy. No one remembers the delays but everyone remembers a disaster. Shipping hundreds or thousands of cars with problems is akin to a SpaceX mission failure. I trust Tesla to deliver a good product and not rush to deliver cars they are not happy with. The market doesn't really comprehend this and hence we benefit from the opportunity to buy at discount. That's my take on this on recent news.
Last edited:
Steph
Member
Here's the gap fill action I was talking about: ChartIQ – stock chart technical analysis for the iPad
Now we have a second gap which formed yesterday morning. + now, volume went to a stand-still.
My technicals now say, we will breakout soon with a runaway gap. Hopefuly the 4/4 gap.
I ain't selling but it's so much fun
Now we have a second gap which formed yesterday morning. + now, volume went to a stand-still.
My technicals now say, we will breakout soon with a runaway gap. Hopefuly the 4/4 gap.
I ain't selling but it's so much fun
- Status
Similar threads
- Locked
