TSLA Crashes to $5 per Share

[Rams Fan]

TSLA still going to $5/share.

 

[spy]

 

[SunTrader]

Now you've done it once more. VicBee is gonna say I am it again. Hehe

 

[destriero]

Only 165 to go.

 

[Rams Fan]

Only 165 to go.

I figure if AMZN can drop from $113 to $5 with a (then) relatively sane man in charge, just think what could happen to TSLA. Musk's companies only profit when juiced by corporate welfare proceeds, and his most important infrastructure can be seized by China without a moment's notice.

 

[maxinger]

It seems like it will hover around 170 to 210 for the next few days/weeks/months
unless there is something major to move the price out of that range.

 

[SunTrader]

It seems like it will hover around 170 to 210 for the next few days/weeks/months
unless there is something major to move the price out of that range.

You do know (do you?) they had a bad earnings call yesterday and dropped 7-9% in AF, right?

 

[SunTrader]

Puff, puff Day.

After yesterday Elon's going to be lighting more than a few.

Especially if his little rocket that could .... blows up again.

 

[maxinger]

You do know (do you?) they had a bad earnings call yesterday and dropped 7-9% in AF, right?

I was aware.

It seems like Tsla will hang around the lower band.

 

[SunTrader]

I was aware.

It seems like Tsla will hang around the lower band.

I'd say more likely ..... a much lower band. Notice what happened last 3 support turned to resistance levels - resumption and acceleration of trend down. The trend is the trend. So IMO $30 looower, at least, if today's low doesn't hold:-