Tesla is killing it on execution and deliveries, short interest has gone down from record highs to 20% but $ value has actually grown by $2.3B to a record because shorts are shorting at much higher prices. Longs are sitting on Fat gains and will not sell by end of year. Shorts will cover to offset other huge gains which will cause more shorts to squeeze.Tesla is...
Tesla has formed a nice Big Cup and Handle formation after a Blowout earnings and surprise Profit, while reaffirming its guidance. The Company just announced it will unveil its the Highly Anticipated Cyber Truck in 2 weeks and rumored to start deliveries of its Model 3 out of its Shanghai Gigafactory on Monday Way ahead of schedule. Short interest is massive and...
Tesla has been hammered with downgrades on demand concerns and the trade war. ONLY Negativity headlines are covered in the media and the selloff has been exacerbated by shorts. After the stock initially sold off and hit its 50% retracement, which it has done before and had an incredible v shaped revery... the stock recovered and closed higher even as the market...
Tesla has been in a strong downtrend down 30% this year. Short Interest is near an all time high. Showing bottoming candles and is at the bottom of the channel near a strong support. RSI is curled up and several bullish divergences on the indicators. Baird Analyst Ben Kallo Reiterated his $400 price target on Tesla's Acquisition on Maxwell Technologies that closed...
Markets going down, indicators looking bad, all time highs, trade war with china, that most of the HUGE FAANG stocks have all had poor earnings, that the iPhone market is saturated... Can't help but think that it is such a crowded trade, and that this is the last hope of big money holding up the market. So much that when the bottom does fall out, it will get nasty...