Tesla lives another Month, for now, but $350 Shorts - brilliant!
Once again, delusional Tesla bots who still think that with ever burning cash, Elon is not going to have to raise new capital for all of his ambitions - crazy.
And Wall Street is going to be eager to give him cash just so that he can burn it?
We are burning 700-900 million each Quarter? with 2.3 Billion left in a bank!
And your core executives are bailing in troves.
Cars sales are going to the lowest points, as more users are leasing, loaning and ubering.
How can Tesla still hold $300 mark is mind boggling, but this how we the shorts are going to crash down to the true price level.
We just need a lot more patience, until bulls finally get the truth sink into their heads. We are going to do it with the price!
This is not against Tesla car or Elon it is about fundamentals of price being overbought and overvalued.
I could be wrong, but buying at 350 is now is just insane.
Sources:
zerohedge.com/news/2018-07-05/why-tesla-executives-are-fleeing
zerohedge.com/news/2018-08-01/tesla-soars-despite-record-quarterly-loss-8-million-daily-cash-burn
zerohedge.com/news/2018-08-03/tesla-shorts-refuse-cover-despite-suffering-major-losses-0
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion
And Wall Street is going to be eager to give him cash just so that he can burn it?
We are burning 700-900 million each Quarter? with 2.3 Billion left in a bank!
And your core executives are bailing in troves.
Cars sales are going to the lowest points, as more users are leasing, loaning and ubering.
How can Tesla still hold $300 mark is mind boggling, but this how we the shorts are going to crash down to the true price level.
We just need a lot more patience, until bulls finally get the truth sink into their heads. We are going to do it with the price!
This is not against Tesla car or Elon it is about fundamentals of price being overbought and overvalued.
I could be wrong, but buying at 350 is now is just insane.
Sources:
zerohedge.com/news/2018-07-05/why-tesla-executives-are-fleeing
zerohedge.com/news/2018-08-01/tesla-soars-despite-record-quarterly-loss-8-million-daily-cash-burn
zerohedge.com/news/2018-08-03/tesla-shorts-refuse-cover-despite-suffering-major-losses-0
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Thank you,
Ajion
Note
Tesla going Private?Note
Saudia Arabia is going to be biggest sucker? Time will tell, but tomorrow Open is going to ROFL! regardless.Note
zerohedge.com/news/2018-08-07/tesla-jumps-saudis-reveal-2-billion-stakeZero hedge is covering it
Note
New price projections based on todays' price action
Note
Sorry Tesla guys, but bears are taking charge!Note
Good job Bulls, defend that 300$ i want price to return to 350 please, i am okie with 320$ also :)
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
Thank you for your support in my efforts to better understand: financial chart behavior and Fractal Universe.
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
twitter.com/Puniks_
twitter.com/NexusWars_
ajion.org
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.