Is Tesla (tsla) In Trouble?

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

  1. Buyonthedips

    Buyonthedips Senior Investor

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    An opportunity for stale bulls to sell up and move on or the start of a new phase in the company's growth?
     
  2. longtermbull

    longtermbull Administrator Staff Member

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    If the company can deliver a profit for the next quarter then I think investors will pile back in. A tip back into loses and all of this momentum will be lost.
     
  3. Chartman

    Chartman Senior Investor

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    This one has firmly broken out of the downtrend and who knows where it could go. Looks like it could head for $400 a share fairly soon. I would prefer to see a degree of consolidation in the short term just to take some of the heat out of the rise.
     
  4. gowiththeflow

    gowiththeflow Senior Investor

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    It will be interesting to see if this profit is a flash in the pan or the start of a new era for the company.
     
  5. longtermbull

    longtermbull Administrator Staff Member

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    Things at Tesla seem to be moving ahead quite quickly - the air of suspicion is lifting and maybe, just maybe, there is some short, medium and long term visibility emerging? Interesting times - I presume a potential fund raising is off the table for now?
     
  6. Buyonthedips

    Buyonthedips Senior Investor

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    Do we think that Tesla has finally turned a corner with regards to profits and investor sentiment?
     
  7. longtermbull

    longtermbull Administrator Staff Member

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    The share price is saying so but I would prefer to wait for at least another couple of quarterly results before I change my cautious stance.
     
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