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Is Tesla overvalued?NASDAQ:TSLA is the fifth largest listing on TradingView based on market cap and has been a huge center of focus within the investment community, whether it is the more seasoned investor or trader to the inexperienced speculator who throws money at Bitcoin and various growth companies. Despite all of this there are many factors that the majority of the investing community fail to acknowledge or believe it doesn't affect the company's performance. Personally despite the crazy stock prices and lack of build quality within their physical product, I have a considerable amount of faith in the earning potential of Tesla for a couple of reasons. First of all, one should notice that at the time of writing Tesla's PE ratio is sitting at a whopping 370.66 (comparable to the firms during the dotcom bubble) and they have a considerable amount of debt but nothing that threatens their operation or is completely disproportional to any other company. It certainly would not be appropriate to compare them to other solely electric automotive manufacturers as their financial statements often seem less welcoming than Normandy beach on D-day. On the contrary to all the fore mentioned facts, Tesla's earning power has increased considerably between 2019 to 2020 and is looking towards the upside for 2021. In the past 4 years, any deficits have turned to income and their overall assets has increased consistently. Quite frankly, considering the speculative factors, such as the management of the company and their overall market monopoly, Tesla appears to be a rather profitable long term investment. Electric cars seem to be inevitable considering the carbon emissions issues and the fact that any other alternatives such as bio-fuel and hydrogen cars don't seem to be covering as much ground as quickly, and their market monopoly will keep the firm in good stead for the future potentially forming the "next Ford Motor Company" according to a reporter from Bloomberg. Once again, all opinions and comments are greatly appreciated, I thoroughly enjoy listening to others' opinions and perceptions of the market. TL;DR: Tesla is beginning to look like a promising investment for the long term as their financials steady and seem to head for an upward curve.
NASDAQ:TSLALong
by Michael_Axio
$RMO we hit and quit for a 18% gain*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: On November 2, 2021 my team entered lithium-ion battery company Romeo Power $RMO at $4.45 per share. Our first take profit was set at $5.25. $RMO released their 3rd quarter earnings report today after market close. In this report they reported a loss of $0.20 per share on revenue of $5.8 million. After this announcement $RMO experienced a very brief price jump to $5.70, but since then it has trickled back down to $4.78 per share. My teams first take profit was hit post-market at $5.25 per share today. We sold all of our shares at $5.25 as we anticipate $RMO to stay within the $4-$6 range until they get around to announcing their 4th quarter earnings. We believe that this price range is a fair estimate, however this could change on the drop of really good or bad news. We still believe in $RMO long-term, however we did not have enough sentiment to continue holding once our first take profit was hit today. My team has made a gain of 18% from this trade. Congrats to those of you who took this trade with us. ENTRY: $4.45 TAKE PROFIT 1 (HIT): $5.25 TAKE PROFIT 2: $7.00 If you want to see more, please like and follow us @SimplyShowMeTheMoney
RLong
by SimplyShowMeTheMoney
4
Technical analysis update: BMW (1st November 2021)BMW continues to grow since 20th August 2021. It currently trades around 87.50 EUR per share. Technical factors are neutral to bullish and because of that we would like to set short-term price target of 90 EUR per share. Technical analysis RSI has bullish structure. We will watch it closely and we will look for eventual crossover above 70 points. We expect such phenomenon to be accompanied by further rise in price. MACD is also bullish, however, it loses its momentum. Stochastic is bullish too; and ADX contains very low value which suggests neutral trend. Because of that we would like to see another confirmation of uptrend by price taking out short-term resistance and then lower bound of upward moving channel. Support and resistance Short-term resistance sits at 89.50 EUR while short-term support sits at 86 EUR. Major resistance lies at 96.39 EUR. Our last analysis on BMW from 10th May 2021: Here we correctly predicted end of correction and eventual resumption of uptrend. We also set 90 EUR price target which was subsequently reached. Disclaimer: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade. This content is not financial advice.
XETR:BMWLong
by Tradersweekly
9
$CHPT Oct Update *This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* After correcting from a previous all time high of $49.48 $CHPT now sits at $20.00 Recap: My team was extremely successful in capturing massive gains from $CHPT this year during its June rally. We exited $CHPT capturing most of our gains at the top and have been sitting on the sidelines for the past few weeks, but on Friday 9/10/21 my team opened a new position in $CHPT at $20.70 per share. We also had a buy order at $19.35 just in case $CHPT decided to trickle down to previous support levels in such price ranges. Things are looking great here for us guys at @SimplyShowMeTheMoney to say the least. The candle on todays close is a true beauty. My team has set our first take profit at $26.5. We speculate that the EV market as whole is due for a massive rebound due to semiconductor production recovering this fall. Expect our team to capitalize on this opportunity and many others. Winter is coming... ORIGINAL ENTRY @$20.7 BUY LIMIT HAS BEEN ACTIVATED @$19.35 TAKE PROFIT 1 @26.5 TAKE PROFIT 2 @$42 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NYSE:CHPTLong
by SimplyShowMeTheMoney
2
Auto Sales - Off the Cliff - TESLA FanBois ImmunityMartha's Vineyard parties are Legend. While Faucci suggests large groups of people gather without wearing masks... many will die. "These people are dangerous." After all there people eat at Sonic and many went to a Community College. Papers please, Vaccine Passport Por Favor. The China Passenger Car Association reported that Tesla's sales in China fell to 8,621 cars in July, down 69.7% from June sales. Tesla Vehicle sales accounted for 3.9% of July sales of EV's in China A decline of 12.6% Month over Month. Tesla believes that China will be 40% of deliveries for Tesla in 2022. With respect to the Long Con and Tesla - Tomorrow never dies, there is always "Hope" projections will deliver. They will not.
FRED:DAUTOSAShort
by HK_L61
8
MOTHERSON SUMILevels - Buy - CMP T1 - 250 SL1 - 230 T2 - 280 SL2 - 220 The stock has turned around from its interim support after dipping to the level of 232. It is expected to witness the levels of 240 and then 280 in short and long term respectively. The target levels and their corresponding SL's are listed above. The primary reason for this anticipated up move is the shortage of semiconductors in global markets required for manufacturing cars, laptops, etc. Motherson Sumi is one of the manufacturers with global clients. Demand for its manufactured products is expected to increase, resulting in to increase in the order book, thereby increased profits. NOTE: These findings and levels are purely based upon the knowledge and understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as stock advice or recommendation.
M
by mishraparimal09
Technical analysis update: GM (13th July 2021)GM did gap up (at the open) towards resistance when U.S. market opened on 9th July 2021. Today it held just below resistance and did not retrace its gap. RSI and Stochastics reversed to the bullish side. MACD is neutral. ADX is very low which suggests weak trend or no trend in GM. At the same time price retracement failed to occur. If retracement fails to occur in the following days then bullish case for GM is strongly bolstered (for short term). Our short term price target is 60 USD and our medium term price target is 65 USD. However, investors should pay attention to the price action in GM over the coming days as earning seasson begins and with it we may see increased volatility in the market. Current setup: Prior developements from 26th May 2021: Here we stated that GM entered rectangle formation. We correctly predicted breakout above resistance and subsequently reached price target of 60 USD and 62.50 USD. Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
NYSE:GMLong
by Tradersweekly
CARS looking very bullish with very strong support!Hi Traders! This is our analysis for CARS, the chart looks very simple but very bullish! - Price is currently located on a long term trend line (Yellow) which is working as a very strong support. - Also backed by medium term trend support (purple). - 100MA support + horizontal support. - RSI is 45, in the past year RSI bounced of 40 level 7 times. - Ichimoku indicating that we are in a very strong uptrend. This stock is currently backed by 4 times of support indicating that the probability of bouncing up and testing the next resistance high. Also, the 1 year high has been tested once already, a retest is very likely when the price is backed by such strong support! Entry at 13,50 Target at 15,37 slightly below the 1 year high for a 14% gain- SL at 13,00
NYSE:CARSLong
by vf_investment
Bullish Trade Plan for NIONYSE:NIO NYSE:XPEV NYSE:TM NIO has broken out of the triangle and given us bullish confirmation as I predicted. SM shows the squeeze has been released with positive movement, Golden cross of the 21 and 50 EMA shows overall movement is bullish movement. With the event till the 28th, I'm very confident we will at LEAST hit the first two PTs. First price I am expecting is 38.99 hopefully by the 23rd if it can reach it with no problem we should see 41.86 by the 27th. If all goes well we should be looking at the $41-43 by the end of the month. Looking forward to this, and hoping we all make some money!
NYSE:NIOLong
by greg_trades_
1
Looks like Apple is breaking out on the daily chart!! Yum yum!!It's sweet to see the behemoth of ESG, Apple, perking up and breaking out! I've bought calls for September 2022 because I think that this stock is going to yum yum heaven, more and more so as it approaches the release of Apple car. The company's goal with their supply chain for all products is to be completely closed loop, using only materials from their old products. Now, that's ESG! Apple seems like a great long hold. REMEMBER it's not just iPhones... it's a severely underpriced electric vehicle company! Not investment advice 😊 PS: Should I sell my signals? Would you buy them? Comment below
NASDAQ:AAPLLong
by primroseverglade