Is Tesla (tsla) In Trouble?

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

  1. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,430
    Likes Received:
    20
    This rocky ride continues with the Tesla share price down yet again. Reading between the lines, fans of Tesla believe the market and analysts have got it totally wrong. What have they got wrong?
     
  2. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    534
    Likes Received:
    8
    Are we looking at a period of consolidation ahead of a further move upwards?
     
  3. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    807
    Likes Received:
    8
    It is very important that Tesla stays above the $200 level, or hopefully over $220, otherwise the sellers will have gained the upper hand yet again. Maybe Tesla will surprise the market but the long-term weakness in the share price is extremely concerning.
     
  4. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,430
    Likes Received:
    20
    It looks as though the shares are under yet more pressure. Are there any viable share price targets in the short term? What are the analysts saying?
     
  5. Buyonthedips

    Buyonthedips Senior Investor

    Joined:
    Feb 2018
    Posts:
    268
    Likes Received:
    1
    I have today noticed a return to unsubstantiated rumours this time regarding Tesla and a secret laboratory working on its own supply of battery cells. This share scares me!
     
  6. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,430
    Likes Received:
    20
    This company must surely succeed as long as it does not run out of money? Whether Elon Musk will be around at the end is a whole different matter.
     
  7. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    807
    Likes Received:
    8
    Starting to consolidate ready for another push? Next resistance is around $280. Mmmmm might be time to dip the toe in?
     
  8. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    1,430
    Likes Received:
    20
    There seems to be some good news on the delivery front for Tesla, will is prompt a rerating of the shares?
     
  9. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    807
    Likes Received:
    8
    It looks like the $250 level is important to the share price but will it get there in the short to medium term? On the flipside, there does seem to be some support emerging at around $225. Where is this one going? Anybody’s guess!
     
  10. Chartman

    Chartman Senior Investor

    Joined:
    Sep 2017
    Posts:
    534
    Likes Received:
    8
    Interesting share to watch but the price is currently in limbo with support and resistance never far away :)
     
Tags:

Share This Page