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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    Nice rebound - will the sellers and shorters pounce?
     
  2. gowiththeflow

    gowiththeflow Senior Investor

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    Looks like the shares could be heading towards $250 if they stay above $225. Impossible share to predict!
     
  3. longtermbull

    longtermbull Administrator Staff Member

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    Stuck in a relatively narrow trading range at the moment - waiting for news to push it higher or bring the sellers back in?

    What is the current level of shorting in this stock? I know historically it has been very high.
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    This share price is stuck in a very tight trading range. After the volatility of recent months this is perhaps not a bad thing. What is the medium to long term direction in your view?
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Who thinks Tesla will eventually become a consistently profitable company or is this simply a company which is opening the door for competitors?
     
  6. Buyonthedips

    Buyonthedips Senior Investor

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    This must be the most relatively stable I have ever seen the Tesla share price! When will we see some action?
     
  7. gowiththeflow

    gowiththeflow Senior Investor

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    Well, we have finally found the direction of the shares in the short term! It seems that Nio, referred to as the Tesla of China, is in big trouble. The shares have fallen by 30% over the last two days with mounting losses and job cuts on the way. This is one of the first times that external events have had such a material impact on the Tesla share price.
     
  8. longtermbull

    longtermbull Administrator Staff Member

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    Decent bounce BUT the Chinese issues are the first real signs that the electric car market may not be as strong as many would have you believe?
     
  9. Buyonthedips

    Buyonthedips Senior Investor

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    I wonder if more focus on the Chinese market might actually help Tesla. The fact that people can see the markets are not as buoyant as many had assumed might help to take away some of the uncertainty factor which has no doubt impacted the Tesla share price.
     
  10. longtermbull

    longtermbull Administrator Staff Member

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    See shares are down another $10 but still within the recent trading range - are the EV problems in China a sign a underlying issues within the industry. Until now nobody has even questioned the growth potential.
     
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