Is Tesla (tsla) In Trouble?

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

  1. longtermbull

    longtermbull Administrator Staff Member

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    One thing you can guarantee with Tesla - the price wont stay still for long. If you time this one right you could make a fortune on the upside and/or the downside. However, if you get it wrong you will crash and burn :(
     
  2. Chartman

    Chartman Senior Investor

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    And there we have a bounce!

    Seems the best way to make money with Tesla is think of the most common sense move for the shares and then go the totally opposite way lol
     
  3. gowiththeflow

    gowiththeflow Senior Investor

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    Yip, think of which was you think the shares should move and then bet on the opposite lol

    There is no rhyme nor reason to this one lol
     
  4. Chartman

    Chartman Senior Investor

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    The graph still shows falling lows but this share price is impossible to predict. I think it is one of those businesses which would best be served off the stockmarket as a private operation.
     
  5. gowiththeflow

    gowiththeflow Senior Investor

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    Bizzarely Tesla has probably never been closer to cracking the mass market and the share price is being sold all the way down. Crazy! Take it private!
     
  6. Buyonthedips

    Buyonthedips Senior Investor

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    This one is in a serious decline - the problem is that the weaker the stock the harder to raise funds and as soon as markets get a sniff they need more cash then they will be hammered. Like others have said, one for the private sector.
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    Tesla is fast appraoching the low of October last year - surely the last theoretical support before a free fall below $200?
     
  8. longtermbull

    longtermbull Administrator Staff Member

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    This graph pattern is a very very troubling development for Tesla - short term punters are bottom fishing while long term buyers are using the sporadic price rises to bail out. This is pushing the shares down to lower and lower lows.
     
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