Tslashort
TSLA, MAJOR BEAR DIV (MONTHLY)I don't typically chart or invest in regular stocks as crypto is more appealing to me. However, Tesla us showing MAJOR BEAR DIV WITH RSI & stoch rsi has crossed down. The range between the green lines would be my potential buy/bounce zone.
I AM NOT A FINANCIAL ADVISER, DO YOUR OWN RESEARCH!
Tesla Short ( comment your opinion ) Due to pandemic causing market uncertainty and panic selling. I believe Tesla will drop $100 in value this week alone and will continue to sell off and return to upper $200s after April earnings. Accelerated sell off + Decline in production = Short term loss of value
I am a Tesla bull but I do see it dropping and hope to load up on more shares at a fair price
$TSLA Rodrigue BubbleTSLA and BTCUSD Dec 17
This is TSLA, overlaid with the Bitcoin chart which was a textbook Rodrigue bubble. Suggests a final high around 1050, and then decline until it resumes trend in the 520-550 area.
This is not inconsistent with my other TSLA post which looks different as it's log scale. How about short at 1000, 10% stop, TP 500? RR 5, just a guess.
TSLA Showing BubbleTSLA experienced a parabolic bullish movement making a lot of bullish investors happy and attracting many speculative investors in the field. The news outlet and social media are filled with euphoric comments. We are looking to capitalize on greed and speculative movement.
Please share your thoughts!
Let us analyze, learn and trade!
GenInvesting
TESLA fair value $460-$568 on 4hr Time FrameI think that TSLA will drop down to a more reasonable price, and I have my target zone @ $460- $568. TSLA is very hard to chart in general, so be very careful with this stock.
Please give a thumbs up and follow me if you like the chart. Check out my other charts as well, I have some great charts for Oil and Dow Jones ;)
This is not trading advice!
Possible Short on TeslaTesla, Inc., is an American electric vehicle and clean energy company based in Palo Alto, California. The company specializes in electric vehicle manufacturing, battery energy storage from home to grid scale and, through its acquisition of SolarCity, solar panel and solar roof tile manufacturing.
The 2 major differences between 2020 TESLA and 2000 ENRON"Jul 14, 1999 Enron Reports 53% Rise in Net Income"
www.nytimes.com
"Enron one of the best companies to work for in america"
www.csrwire.com
"Enron Fortune magazine America's Most innovative company for 6 years"
"Enron transforming the energy industry"
"As of 2000, Enron had 19,000 employees. Per employee, Enron says it generated $5.3 million in revenues."
Enron the mighty! Enron the new paradigm! Enron to change the world! Enron multi trillion company! Enron the incredible revolution!
All hail Enron! No one can stand in its way!
"Tesla one of the most innovative companies"
www.teslarati.com
"Tesla innovations are transforming the auto industry"
www.forbes.com
"Why Tesla could become the world's first $US10 trillion company"
thedriven.io
"How Google Could Acquire Tesla For $1,500 Per Share On Its Way To $2 Trillion Stock"
www.forbes.com
"Ron Baron: Tesla to hit $1 trillion in revenue in 10 years"
www.cnbc.com
Tesla the mighty! Tesla the new paradigm! Tesla to change the world! Tesla multi trillion company! Tesla the incredible revolution!
All hail Tesla! No one can stand in its way!
In many ways, Tesla & Enron are similar.
But there are 2 major differences I will show you.
Difference 1
According to this article which quotes NYSE data, less than 2% of Enron shares were shorted even as it entered a clear downtrend that lasted 2 years.
www.latimes.com
No one was short Enron. We never heard bears talk about it.
Tesla thought... wow.
In mid 2019, up to 44 million of Tesla shares were sold short. Over 30% of the total shares.
Even as it soared 150% above the previous high, there are still (31 01 2020) 22.7 millions shares sold short. 16%.
They just don't give up.
The company may be making 200 years old tech electric cars, and not make sense and not profitable, but investors do not care.
Buying a cheap company worth something like Warren Buffet does will almost always work. But selling short something... Delusions can last a long time...
Difference 2
Stock market trending up strongly, Tesla trending up strongly.
Enron went from $90 to $0.21 between August 2000 (at a time where every one was ultra euphoric about to dot com bubble) and December 2001 & from $80 between decembers.
Enron had a clear multi month distribution pattern at the top of a decade long uptrend that ended parabolic.
80 to 0.21 is a 99.74% drop in 12 months.
90 to 0.21 is 99.77% drop in 16 months.
Eager to short the very top? For an added 0.03%? FOMO.
Tesla will be a short when it enters a distribution phase.
And when bears will have been "proven wrong".
When it will be common knowledge that the bears were wrong and Tesla is a big success.
When less than 10% - or less than 5% preferably - of the share will be shorted.
Tesla will be a short when bears will be seen as extravagant weirdos.
Look at Tesla last distribution phase.
You could have made up to 50% even with all the FUD & ~25% of outstanding shares sold short.
And the one before that:
Again up to 50% was possible.
There are tiny Tesla youtube channels with a handful of suscribers getting hundreds of thousands of views on videos making fun of bears and celebrating "this didn't age well".
Tesla bulls are euphoric. 1k could certainly be the top. IF the price enters distribution phase it could be a very interesting short *rubbing my hands irl right now*.
Can go up, can go straight down in which case I'd miss it but I don't care. It's about taking high probability bets not chasing every thing that moves because of fomo.
For now, patience.
There are other stocks or markets to look at.
I am sure there are famous quotes about choosing your battles wisely.
A speculator gets used to waiting years for certain opportunities.
It is not about all the trades you took and moves you didn't miss. It is about the ones you filtered out. Keeping only the high probability bets.
Less is more.