TSLA stock price after 10/10 event?

[Brandon708]

Hey all,

I am definitely a Tesla bull when it comes to their stock. With that being said, I know they stock can swing big either way. I have been charting TSLA for a long time. Currently this is the set up I can see it doing in the attached drawing. Its forming a rising channel (Bearish Flag Pattern) which is bearish, but may not be finished with it yet and can top out around $279 or fall out of the pattern to around $203.

What are all your thoughts?

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[jerhenderson]

Hey all,

I am definitely a Tesla bull when it comes to their stock. With that being said, I know they stock can swing big either way. I have been charting TSLA for a long time. Currently this is the set up I can see it doing in the attached drawing. Its forming a rising channel which is bearish, but may not be finished with it yet and can top out around $279 or fall out of the pattern to around $203.

What are all your thoughts?

I think it'll go down no matter what, because analysts in general aren't clever enough to see beyond one month, or to see new disruption - I'll use Tesla energy as an example. All they want to hear is 'we'll make 10 000 cars a month at 20% GM and first shipments have begun. '

 

[Brandon708]

Yeah. I can see the media having a field day with this tomorrow and trying to drive the stock down. Would be a good opportunity to get more shares.

 

[seussiii]

Yea I feel like almost every event or quarter that a retail investor/fan has been excited for... hasn't shown much movement tbh. Will probably slowly gain over the following weeks. Hoping 240 is somewhat of a new bottom.

 

[Obie_fl]

TSLA more often then not is a sell on the news stock. Charts are pretty much meaningless, they can tell you whatever you want to see.

 

[REM]

The stock is heavily manipulated by whales, so it will probably dip tomorrow.

 

[Ivessm]

I'm partial to TSLY.
Can't beat those monthly dividends.

 

[getsometom]

Buy the rumor, sell the news

 

[Steve-O]

Hey all,

I am definitely a Tesla bull when it comes to their stock. With that being said, I know they stock can swing big either way. I have been charting TSLA for a long time. Currently this is the set up I can see it doing in the attached drawing. Its forming a rising channel (Bearish Flag Pattern) which is bearish, but may not be finished with it yet and can top out around $279 or fall out of the pattern to around $203.

What are all your thoughts?

For investors…this is worth a watch! I wish TSLA financial analyst would dive deeper into their superficial analysis!

 

[CyberTruckeeTheOne]

Long suffering Tesla stuckedholder here. Fact, it's my biggest holding.

Hope against hope with Robotaxi but it seems the investing community is not impressed.

Down 7.73% as I'm staring on my chart.

Analysts also appear incredulous about Elon over-promising for the nth time. Nothing political as am tuning to TV business channel saying bluntly that Musk lost credibility and the Tesla brand in turn. ?

 

[fritter63]

Buy the rumor, sell the news

So why is everyone selling today? There was practically no new news.....

 

[jerhenderson]

Long suffering Tesla stuckedholder here. Fact, it's my biggest holding.

Hope against hope with Robotaxi but it seems the investing community is not impressed.

Down 7.73% as I'm staring on my chart.

Analysts also appear incredulous about Elon over-promising for the nth time. Nothing political as am tuning to TV business channel saying bluntly that Musk lost credibility and the Tesla brand in turn. ?

Again.... analysts aren't that clever. They are like accountants, and a good many businesses were ruined by accountants. They wanted to see hard numbers and forecasts - none of which ever come in a Tesla reveal. Never. They can't even see the promise of Optimus doing what it did last night.

 

[Brandon708]

I'm partial to TSLY.
Can't beat those monthly dividends.

I didn't know about TSLY. I will keep an eye on it, looks like a good dividend. Although it looks to be moving opposite of TSLA. May add some to the LT if it hits $7.50

 

[getsometom]

So why is everyone selling today? There was practically no new news.....

The news is from last night. Today is the reaction selling to the news

 

[Brandon708]

As an investor, I was pretty disappointed by the Robovan. I was hoping that they would make a van similar to the Ford E-Transit or Rivian Amazon van. There is a large market that Tesla isn't tapping into with the Work Vans. I was ready to place a deposit on a work van.

Edit: I can see AIrports using the Robovan to move people to terminals and parking garages.

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