TSLA Market Action: 2018 Investor Roundtable

[humbaba]

$TSLA ~2% lead over NASDAQ has declined to only ~1.5% with (relatively) heavy trading. On a lower volume day the spike selling would have caused significant, durable drops to the stock price, but 360 appears to be price at issue. Although currently slightly above given the multiple spike selling already done today I expect a very large hammer at close to knock the stock price below 360. Given the volume of trading, however, there may be large buying appetite at close as well -- its happened before where the selling was simply soaked up.

Looking for a close in the vicinity of 360.

hmm... looks like a change of tactics: instead of selling in the last trading minute it looks like a ramp up of selling. Guess we'll see how well that works for stock price suppression.

 

[ZsoZso]

Looks like the sorties really really do not want to let it close above 360.

 

[Pezpunk]

i was on a project at one time related to automated trading and dabbled a bit with sentiment analysis. i was not impressed with the potential, as it seemed particularly easy to manipulate, and extremely error prone. perhaps if you had absolutely massive, broad application and gazillions of dollars, you could eke out a profit through sheer volume, but there'd be a lot of stupid trades in that mix.

 

[LoveTSLA]

Looks someone really do not want it close above 360. Last it we close above 360 was 8/8/2018.

 

[SpudLime]

 

[humbaba]

View attachment 357614

I'm glued to the screen as well. Will the shorts succeed and achieve their symbolic/Pyrrhic victory of <360? or will $TSLA break through?

 

[humbaba]

358.49 at close (Apple) .. so market watch got it right this time.

And the shorts have it. For now...

They did pare down the ~1.5% lead to <1%. Burning money likes there's no tomorrow

 

[Toolsmack]

Todays action felt more slimy than usual. Papafox’s reported FINRa % of short activity could be 120% today.

 

[AlexS]

can somebody leak insideEVs M3 numbers for tomorrow?

 

[SpaceCash]

Todays action felt more slimy than usual. Papafox’s reported FINRa % of short activity could be 120% today.

Yeah today was really disgusting manipulation. Has to end soon

 

[humbaba]

Yeah today was really disgusting manipulation. Has to end soon

three months probably, six months definitely.

/me ducks

 

[ZsoZso]

Yeah today was really disgusting manipulation. Has to end soon

We wish it to end soon, but my gut tells me we will see 340 again before the end of this week.

 

[humbaba]

We wish it to end soon, but my gut tells me we will see 340 again before the end of this week.

While that wouldn't really surprise me ($TSLA is nothing if not volatile) I don't expect it. Sure, a $20 drop is nothing for $TSLA, but it has been more resistant to downward prodding this quarter.

 

[mongo]

TSLA is leaving some headroom until the upper BB, don't want to get restrained tomorrow.

 

[Mike117]

Tesla 365 call good to consider yeaah

 

[Cherry Wine]

We wish it to end soon, but my gut tells me we will see 340 again before the end of this week.

The market closure Wednesday could result in low volume tomorrow and/or Thursday. If past experience is an indicator, either day could be susceptible to manipulation. Maybe we're in a new normal where that won't happen, but the memory of Wednesday / Friday before and after Thanksgiving is still very fresh in my mind.

 

[mongo]

The market closure Wednesday could result in low volume tomorrow and/or Thursday. If past experience is an indicator, either day could be susceptible to manipulation. Maybe we're in a new normal where that won't happen, but the memory of Wednesday / Friday before and after Thanksgiving is still very fresh in my mind.

This isn't a holiday though, so the volumes shouldn't be greatly affected. Everyone is still at work.

 

[Cherry Wine]

This isn't a holiday though, so the volumes shouldn't be greatly affected. Everyone is still at work.

Good point.

 

[Dreadnought]

three months probably, six months definitely.

/me ducks

Absolutely spot on. The only remaining question: Is this real-time, Elon time or VW time?

 

[kyzhk]

i was on a project at one time related to automated trading and dabbled a bit with sentiment analysis. i was not impressed with the potential, as it seemed particularly easy to manipulate, and extremely error prone. perhaps if you had absolutely massive, broad application and gazillions of dollars, you could eke out a profit through sheer volume, but there'd be a lot of stupid trades in that mix.

Sentiment analysis on unbiased news source is okay. I would assume that the wallstreet people know better than to feed their algo with seeking alpha articles.