TSLA trade ideas
Tesla Compression FunnelBuy at 226.5 with a stop loss at 220 and sell at 220 with a stop loss at 226.5
Expecting a massive movement in Tesla.
Long if it breaks the high of the previous day with a stop loss at the previous day's low.
Short if it breaks the low of the previous day with a stop loss at the previous day's high.
In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.
Elon Musk is an Overrated Fraud & Tesla Will Go Bankrupt.-Tesla will break below the key support of $280 on huge volume.
-Triple top will be confirmed when it moves under $250.
-Elon Musk has pledged his shares as collateral to take loan to fund his lavish lifestyle. Margin calls of those shares will get triggered once Tesla falls further.
-Executives leaving the company is droves, leaving millions of dollars worth of options of table.
-The company is insolvent and doesn't have money to survive 2018.
-Elon Musk has committed AT LEAST 1 fraud. Quite possibly involved in more frauds.
-Elon Musk has a history of lying an deceiving investors.
-Tesla's Model 3 production has been troublesome and the company is producing terrible cars.
-Tesla doesn't have a state of the art factory to build the Model 3.
-Tesla faces billions in liabilities because of Elon Musk's "funding secured" tweet which was securities fraud.
-The company is not paying it's suppliers.
-The company also doesn't have money to provide spare parts. People have to wait MONTHS for spare parts.
-Tesla will go to $0.
Not an investment advice. Do your own due diligence.
TESLA WeeklyThis stock has been showing so much promise but there seems to be no impact on its ability to head higher . The last few weeks it has been attempting to tread to a new high only to meet with supplies. AFter forming a Type 2 negative divergence the prices are swiftly heading lower. Now with the breach of the support trendline we could be looking at some selling interest stepping into the counter. One should look to sell this counter in the coming days.
Tesla Making WavesTesla has been moving steadily following a wave like pattern over the last three years. This involves rising wave followed by channel movement. The movement of the stock one direction or the other is very swift indicating high volatility of the stock. The weekly charts show a similar trend. The RSI is currently oversold and long term trends show a slow down in the strength.
I will short at this position, with a downward potential upto 174. 240 would be stop loss for this stock.
