Is Tesla (tsla) In Trouble?

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

  1. gowiththeflow

    gowiththeflow Senior Investor

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    The sell off continues - down more than $6 today. Profit taking or something going on behind the scenes?

    Price $344.99 @ 25 Sep 17
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    Looks set for further downside without any unexpected news. However, talk of electric trucks and electric passenger planes might get investors interested again after the recent falls. A dangerous stock to short/sell because of its unpredictability!
     
  3. Chartman

    Chartman Active Member

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    Has the market seen through Tesla's hot air about electric trucks etc?

    The chart does not look good at the moment.
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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  5. longtermbull

    longtermbull Administrator Staff Member

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    Elon Musk seems more interested in his space travel company at the moment or is that a little unfair?
     
  6. Chartman

    Chartman Active Member

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  7. gowiththeflow

    gowiththeflow Senior Investor

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    The news of a delay in production of the Tesla Model 3 was expected and I think this will help the shares in the short term. No more doomsday scenarios being peddled by those who dislike the stock, instead a more sensible time scale.
     
  8. Chartman

    Chartman Active Member

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    We are approaching a period of uncertainty with the share price - the trend lines are being squeezed, which way will it pop?
     
  9. longtermbull

    longtermbull Administrator Staff Member

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    Very tight graph emerging - which way will the shares go? My guess is UP - I have learned never to bet against Elon Musk lol
     
  10. gowiththeflow

    gowiththeflow Senior Investor

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    I see Richard Branson has invested in the Hyper Loop project - seems that Elon Musk maybe can see into the future?
     
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