Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
Hi guys, thank you for the support! I will have this analysis out each weekend as well as daily updates throughout the week, if you guys like what I'm doing hit the "follow" button and you will get a notification each time I post a video or chart!
Have a great day everyone!
I've never charted TSLA using my relatively new charting skills so I thought I'd check it out. Remarkably, charting Tesla reveals a lot of predictable price action.
First thing that's noticeable about Tesla is that despite growing losses and a lack of profitability Tesla has remained more or less in a bullish channel since the beginning. Despite a great deal of...
Tesla is still trading within the profit area I identified on March 19th, 2018. It's currently trading BELOW the 200 days EMA as well consolidating the bear tendence.
On the other hand there has been an adding up of long positions lately, probably in the hope of a bounce right after the Q1 earning report scheduled for May the 2nd.
The movement on the hourly...
TSLA is having quite a bit of news these days. There are plenty of traders who will use that for fuel to look long or short. However, that's not what I want to do. I want to let the chart tell me what to do. As I'm not using my actual trading platform, a few things will have to be "givens". Feel free to look these up for yourself.
This is how to trade...
TSLA has had some crazy moves recently between its down move from 360 to 245 and then back up to 310 (that is down 32% then back up 26.4%!!). TSLA is currently stuck in a range between 310 and 290 and an argument could be made for either direction going forward, however the current trend is down and TSLA has not been able to break the descending trend line from...
TSLA Net profit each year ( lossing millions)
( in Millions)
2007: -80
2008: -79
2009: -52
2010: -147
2011: -251
2012: -394
2013: -61
2014: -187
2015: -717
2016: -667
First, let's see what other successful investors have to say:
David Einhorn: Took a huge short position on TSLA
Einhorn has averaged annualized returns of 16.5% over...
This is a situation, where TSLA will reach the centerline with a chance of over 80%, according to the rules of the fork.
Playing this small, but playing it.
P!
