you working at Goldman Sachs now?
TSLA
3 yr weekly
i'd say its had a nice 2 month stretch, eh?
.....EIGHT green candles in a row with a near vertical ascent. Nothing short of spectacular, well done. Such a vertical ascent is not stable. IF last week's candle was a indecision candlestick , i would have sold Friday at 3:50 pm, take the profit (i dont own any shares , just sayin)
super cool chart, for about 2 1/2 yrs it was channeling. Couyld never break the top of the channel, $380ish (4 tries!!)- was rejected with CLASSIC reversal candles in Aug 2018, and again in Dec 2018- look what happened when it finally broke it!! dec 2019...buy orders were a comin' from everywhere!!
they got a plant in China now, headed to where there's MASSIVE demand. They are also opening up in Germany soon
they report Jan 29th after the close....
GL
TSLA
3 yr weekly
i'd say its had a nice 2 month stretch, eh?
.....EIGHT green candles in a row with a near vertical ascent. Nothing short of spectacular, well done. Such a vertical ascent is not stable. IF last week's candle was a indecision candlestick , i would have sold Friday at 3:50 pm, take the profit (i dont own any shares , just sayin)super cool chart, for about 2 1/2 yrs it was channeling. Couyld never break the top of the channel, $380ish (4 tries!!)- was rejected with CLASSIC reversal candles in Aug 2018, and again in Dec 2018- look what happened when it finally broke it!! dec 2019...buy orders were a comin' from everywhere!!
they got a plant in China now, headed to where there's MASSIVE demand. They are also opening up in Germany soon
they report Jan 29th after the close....
GL
It is amazing to me how musk, i.e. P.T. Barnum keeps this charade going with his company.
The company has never made a profit, is only still in business because of the government giving them money, and him playing a shell game with money from other companies to keep this going. Guy really is slick.
The company has never made a profit, is only still in business because of the government giving them money, and him playing a shell game with money from other companies to keep this going. Guy really is slick.
T Hawk you need to read the story of Amazon and Diapers.com
Elon Musk is kind of hard to get a grip on. He flirts between genius and idiot. The guy becomes a billionaire selling Pay Pal and not long after that he is nearly broke. Is that the guy you want to put your money on.
I remember the 60 minute piece where he tells the story. Showroom full of cars that didn't run and rockets not working.
I run into clients that think he is strictly a genius. I am not so sure about that.
His Solar City company is not far from being a large scam. Basically they would sell a $20,000 solar array for $30,000. The residential client would sign a contract to have the solar put on their roof and buy the electricity made for a price less than their electric companies rate. You should be able to do this on every home in California. So where is the problem. The tax credit on $20,000 is $6,000 and they were taking a $9,000 tax credit and they also depreciated a more expense asset. Basically it looks great on paper but sounds illegal.
Saw a few bids in our market and they run the solar like Tesla.....big promises and no delivery. Their batteries for solar have some promise but I would not see a bigger player ace them out of the market.
With that said......the electric car industry is just at the beginning and just because you are "first" doesn't mean you will win. With the chances Elon takes I would personally be more likely to short them. They also need to get their price down to get their sales up.
Here is a good article on electric cars. Also watch NIO but I don't know if I can trust a Chinese company. Made a mistake when I was younger buying a Russian stock......didn't work out well.
https://www.cnn.com/interactive/2019/08/business/electric-cars-audi-volkswagen-tesla/
I remember the 60 minute piece where he tells the story. Showroom full of cars that didn't run and rockets not working.
I run into clients that think he is strictly a genius. I am not so sure about that.
His Solar City company is not far from being a large scam. Basically they would sell a $20,000 solar array for $30,000. The residential client would sign a contract to have the solar put on their roof and buy the electricity made for a price less than their electric companies rate. You should be able to do this on every home in California. So where is the problem. The tax credit on $20,000 is $6,000 and they were taking a $9,000 tax credit and they also depreciated a more expense asset. Basically it looks great on paper but sounds illegal.
Saw a few bids in our market and they run the solar like Tesla.....big promises and no delivery. Their batteries for solar have some promise but I would not see a bigger player ace them out of the market.
With that said......the electric car industry is just at the beginning and just because you are "first" doesn't mean you will win. With the chances Elon takes I would personally be more likely to short them. They also need to get their price down to get their sales up.
Here is a good article on electric cars. Also watch NIO but I don't know if I can trust a Chinese company. Made a mistake when I was younger buying a Russian stock......didn't work out well.
https://www.cnn.com/interactive/2019/08/business/electric-cars-audi-volkswagen-tesla/
Outstanding insight Northern Star , I very much enjoy reading your posts,
If you can't see innovation that significantly alters the way that consumers, industries, or businesses operate, you are blind, and the scope of innovation. I have been following this company for a very long time, since their cars were spontaneously bursting into flames parked in people's driveways, since 2009, Germany's Daimler AG, maker of Mercedes-Benz, acquired an equity stake of less than 10% of Tesla for a reported US$50 million, and sold their stake, and now there are rumors they will work together again. The opportunities for Tesla technology are so pervasive in so many industries, "its not just a car company" and Elon Musk is such a visionary he know we don't have the road infrastructure , and is looking for solutions.
I thought apple should have bought Tesla, it would complete the transition of a the car industry, to a technology industry. I also hope that this technology will put 10 million to 20 million people out of work, just in the automotive, transportation and logistics and ancillary industries, over the next 10 years.
If you can't see innovation that significantly alters the way that consumers, industries, or businesses operate, you are blind, and the scope of innovation. I have been following this company for a very long time, since their cars were spontaneously bursting into flames parked in people's driveways, since 2009, Germany's Daimler AG, maker of Mercedes-Benz, acquired an equity stake of less than 10% of Tesla for a reported US$50 million, and sold their stake, and now there are rumors they will work together again. The opportunities for Tesla technology are so pervasive in so many industries, "its not just a car company" and Elon Musk is such a visionary he know we don't have the road infrastructure , and is looking for solutions.
I thought apple should have bought Tesla, it would complete the transition of a the car industry, to a technology industry. I also hope that this technology will put 10 million to 20 million people out of work, just in the automotive, transportation and logistics and ancillary industries, over the next 10 years.
well, it shall be nine straight green candles on the weekly...NINE............Telsa reported STUNNING numbers after the close,........... with Dr Lanquel likely having surf and turf for dinner with a glass of red wine ......retiring the evening with some world class weed
tesla is now worth more than Ford and GM COMBINED
Tesla CEO Elon Musk has delivered another blow to his doubters calling "2019 a turning point for Tesla."
The electric car maker posted fourth-quarter revenue of $7.38 billion and net income of $2.14 per share, both topped expectations. Cash on hand rose to $6.3 billion.
"For most of 2019, nearly all orders came from new buyers that did not hold a prior reservation, demonstrating significant reach beyond those who showed early interest. Amazingly, this was accomplished without any spend on advertising" the company stated in its update.
tesla is now worth more than Ford and GM COMBINED
Tesla CEO Elon Musk has delivered another blow to his doubters calling "2019 a turning point for Tesla."
The electric car maker posted fourth-quarter revenue of $7.38 billion and net income of $2.14 per share, both topped expectations. Cash on hand rose to $6.3 billion.
"For most of 2019, nearly all orders came from new buyers that did not hold a prior reservation, demonstrating significant reach beyond those who showed early interest. Amazingly, this was accomplished without any spend on advertising" the company stated in its update.
basically acting like micro-cap pharma stock , lol . Up 19% yesterday and pre-market up 8%..............look at the chart, lol
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[h=1]Tesla short sellers lose $2.5 billion in one day as stock spikes most since 2013[/h]That brings the 2020 year-to-date mark-to-market losses for Tesla short-sellers to $8.31 billion, according to S3 data. That's nearly three times greater than short-seller losses in 2019, which were about $2.9 billion mark-to-market at the year end.
As short-seller losses mount, all eyes are watching for a dramatic "short squeeze," which is when a stock gains so rapidly that traders betting against it are forced to cover short positions, sometimes sending the stock price even higher.
But that might not happen for Tesla, according to Dusaniwsky. "It is more likely to be a continuous slow decline in shares shorted rather than a sudden abrupt plunge," he wrote. This is because of the amount of short hedging being done to offset Tesla convertible bond and option exposure, according to the note.
"While we are seeing some momentum short sellers increasing their positions in anticipation of a short-term pullback, we should see an increase of short covering due to this $700/share level squeeze," Dusaniwsky said.
Tesla's stock is surging on a slew of good news. On Wednesday, the company reported fiscal fourth-quarter 2019 financial results that beat analyst expectations, continuing a stock rally that's sent the share price up more than 155% since October 2019.
On Monday, shares continued to gain when Bill Selesky of Argus Research increased his Tesla price target to $808 from $556, making it the highest estimate on Wall Street. In addition, Panasonic Corp. said on Monday that the battery business it runs jointly with Tesla turned a profit in the quarter ending December 31, further fueling the automaker's rally.
..................
[h=1]Tesla short sellers lose $2.5 billion in one day as stock spikes most since 2013[/h]That brings the 2020 year-to-date mark-to-market losses for Tesla short-sellers to $8.31 billion, according to S3 data. That's nearly three times greater than short-seller losses in 2019, which were about $2.9 billion mark-to-market at the year end.
As short-seller losses mount, all eyes are watching for a dramatic "short squeeze," which is when a stock gains so rapidly that traders betting against it are forced to cover short positions, sometimes sending the stock price even higher.
But that might not happen for Tesla, according to Dusaniwsky. "It is more likely to be a continuous slow decline in shares shorted rather than a sudden abrupt plunge," he wrote. This is because of the amount of short hedging being done to offset Tesla convertible bond and option exposure, according to the note.
"While we are seeing some momentum short sellers increasing their positions in anticipation of a short-term pullback, we should see an increase of short covering due to this $700/share level squeeze," Dusaniwsky said.
Tesla's stock is surging on a slew of good news. On Wednesday, the company reported fiscal fourth-quarter 2019 financial results that beat analyst expectations, continuing a stock rally that's sent the share price up more than 155% since October 2019.
On Monday, shares continued to gain when Bill Selesky of Argus Research increased his Tesla price target to $808 from $556, making it the highest estimate on Wall Street. In addition, Panasonic Corp. said on Monday that the battery business it runs jointly with Tesla turned a profit in the quarter ending December 31, further fueling the automaker's rally.
Bitcoin on WHEELS...missed it and not going to have the FOMO I'm sure many are trying to get in on...gotta give to those that were in early and either taking profits or hanging on for even more...as. hear stories this AM of potential Google again looking at buying Tesla, yet doubtful Elon sells now that he's kicking all the shorts in the nuts. Will be very interesting to see where this story goes or turns into.
' bitcoin on wheels' --, haha well played
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'Such a vertical ascent is not stable. IF last week's candle was a indecision candlestick , i would have sold Friday at 3:50 pm, take the profit'
sharp vertical ascents r not stable, with likely FOMO + short covering = WILD long candles , fantastic volume adn who is left holding the bag from the highs?
a candlestick pattern that carries HIGH probability for a reversal in such a scenario (sharp vertical ascent,grossly overbought, far away from the 8 ema) is an indecision candlestick near/at the end of the day. And that's why i wrote the above. The indecision candlestick was clear as day last Tuesday; Get Out Of Dodge before the close . IF one wanted to gamble and hold for the next day (greed..)? well if it opens lower, get out asap, take the profit, a realized gain .
TSLA
3 month daily
5th candle from the right....was clear for all to see at 3:50pm last Tuesday; . Probability, short term, not in favor of longs in such a case. Again, just showing why i made that statement in post #2
look at it ride the 8 ema,!!!!!!!!-- hasnt closed below it since late Nov 2019!!!!!!!!
IF she wants to retreat further in the short term, well $650ish liekly to act like a magnet and bounce off; Gap fill on the WEEKLY (post 2), ..gaps on weekly are of stronger value that on a daily. Once a gap fills it tends to reverse, ESP, if ya get a bullish end of day candle (the more confluence the stronger the reversal signal)
this is all short term shit,of course .............dr Lanquel congrats on the call
.........................
'Such a vertical ascent is not stable. IF last week's candle was a indecision candlestick , i would have sold Friday at 3:50 pm, take the profit'
sharp vertical ascents r not stable, with likely FOMO + short covering = WILD long candles , fantastic volume adn who is left holding the bag from the highs?
a candlestick pattern that carries HIGH probability for a reversal in such a scenario (sharp vertical ascent,grossly overbought, far away from the 8 ema) is an indecision candlestick near/at the end of the day. And that's why i wrote the above. The indecision candlestick was clear as day last Tuesday; Get Out Of Dodge before the close . IF one wanted to gamble and hold for the next day (greed
..)? well if it opens lower, get out asap, take the profit, a realized gain . TSLA
3 month daily
5th candle from the right....was clear for all to see at 3:50pm last Tuesday; . Probability, short term, not in favor of longs in such a case. Again, just showing why i made that statement in post #2
look at it ride the 8 ema,!!!!!!!!-- hasnt closed below it since late Nov 2019!!!!!!!!
IF she wants to retreat further in the short term, well $650ish liekly to act like a magnet and bounce off; Gap fill on the WEEKLY (post 2), ..gaps on weekly are of stronger value that on a daily. Once a gap fills it tends to reverse, ESP, if ya get a bullish end of day candle (the more confluence the stronger the reversal signal)
this is all short term shit,of course .............dr Lanquel congrats on the call
