Is Tesla (tsla) In Trouble?

Discussion in 'Investment Charts' started by longtermbull, Jul 26, 2017.

  1. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    504
    Likes Received:
    1
    Shares are in real trouble now!

    I see someone suggested that Apple would do better with EM at the helm - maybe then Tesla directors might learn to full appreciate him?
     
  2. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    I think Tesla investors need to decide whether they see Elon Musk as an asset or a liability. Where are the new directors in control? How are they addressing investor concerns in the short term? From what I see they wheel EM out when there is bad news and take all of the credit for any good news.
     
  3. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    Each recovery in the share price then sees the shares sink lower and lower - the graph suggests that stale bulls and shorters might be selling into strength?
     
  4. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    Ever falling lows is not a good sign on the graph. Looks to me like shareholders are looking to bail out on each short term rally which depresses the price and pushes it further and further down. A classic bearish chart pattern
     
  5. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    If the same pattern continues, the shares will fall down to the $240 level.

    What does the market want to hear? I am confused :)
     
  6. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    And the move down starts again - where is EM when we need him? Silenced by the board? Or on his way out the back door?
     
  7. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    703
    Likes Received:
    8
    Good point, why has EM gone so quiet?

    Has he been silenced by the board, the SEC or is he backing off from the business? While every investor and analysts has taken chunks out of EM they would certainly feel the financial pain if he left the company and took his innovation with him.
     
  8. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,720
    Likes Received:
    20
    It has not been a bad few days for the Tesla share price - where will it go from here?

    Any ideas?
     
  9. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    1,041
    Likes Received:
    9
    That is some bounce from $260! Next resistance is $318 and after that there is a clear run to higher ground. I dont think I have the nerves to invest in this one lol
     
  10. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    703
    Likes Received:
    8
    Crash! I saw that first quarter delivery numbers were disappointing. I give up :)
     
Tags:

Share This Page