TSLA the next leg up
- Thread starter Stocks4life
- Start date
insane, just keeps on moving higher
BREAKOUT WATCH for possible breakout above 158.23, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 178.8, 13.8% Stop: 149.06, Loss: 5.1%, Profit/Loss ratio: 2.7 : 1 - Good
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=TSLA
BREAKOUT WATCH for possible breakout above 158.23, no resistance in area just above.
Type: Continuation breakout from single resistance.
Target: 178.8, 13.8% Stop: 149.06, Loss: 5.1%, Profit/Loss ratio: 2.7 : 1 - Good
source: http://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=TSLA
TSLA is showing incredible strength over the past several months, but this is definitely NOT a stock that anyone should be buying for longer term purposes, other than a day trade. Look at this stock on a weekly chart and ask yourself, "is this sustainable?"... Absolutely not! Yes, the stock is going higher, but it's definitely a bubble.
Look at other stocks such as: SINA, SOHU, GMCR, NFLX, AAPL, or even the Nasdaq back in 1999 and 2000, all of them on a weekly chart... They ALL looked the exact same as TSLA does right now before they collapsed.
Look at other stocks such as: SINA, SOHU, GMCR, NFLX, AAPL, or even the Nasdaq back in 1999 and 2000, all of them on a weekly chart... They ALL looked the exact same as TSLA does right now before they collapsed.
What's so great about Tesla? Serious question
nothing...people act like the smart money was in this in the beginning. yes, i don't doubt there were some smart money in this in the 30s and 40s...but get real. most people missed out on this rally...and at the time...i doubt any PM or smart trader would have bet the farm on such a speculative stock.
hindsight is 20/20
hindsight is 20/20
Wow, even Elon Musk says TSLA's valuation is very high and "more than we have any right to deserve":
http://finance.yahoo.com/video/elon-musk-teslas-stock-price-200000954.html
http://finance.yahoo.com/video/elon-musk-teslas-stock-price-200000954.html
Just getting started IMO. What is so great about Tesla?
They've built a car that is better than most other cars, looks great, top reviews, highest safety rating, high quality, high tech, handles great and it's fast.
The demand for it is through the roof, international orders are just starting to be exported, they can't make em as fast as they can sell em. Production will ramp up to 800 per week in 2014.
The next model, Model X won't start really shipping until 2015 and there are already over 5000 reservations for it.
The next model after that is Model E which is the cheaper mass production vehicle.
Add to that the supercharger network which is expanding every day.
At this point I would have to ask, what ISN'T great about Tesla?
They've built a car that is better than most other cars, looks great, top reviews, highest safety rating, high quality, high tech, handles great and it's fast.
The demand for it is through the roof, international orders are just starting to be exported, they can't make em as fast as they can sell em. Production will ramp up to 800 per week in 2014.
The next model, Model X won't start really shipping until 2015 and there are already over 5000 reservations for it.
The next model after that is Model E which is the cheaper mass production vehicle.
Add to that the supercharger network which is expanding every day.
At this point I would have to ask, what ISN'T great about Tesla?
A good trend trailing method would have kept you in, not sure why this is so hard to believe.