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Telsa Trapped Between The Gaps

Published 11/09/2021, 02:33 PM
Updated 07/09/2023, 06:31 AM

At this point, Tesla Inc (NASDAQ:TSLA) is trapped between two price gaps: on the low side, $910, and on the top side, $1,208. I strongly suspect that TSLA will never, ever exceed the prices we saw last week. Ever.

Tesla Chart.

Latest comments

What's changed?  Did the company change?  The selloff is nothing more than a blip in the radar for people to take advantage of the "volatility".    Is there no one to buy his shares?
The present share price of tesla is not only because of the 30% yoy growth, but also the tweets by Elon time to time. Once he sells his stake, we can expect a tweet to take this price to Usd 2000.
SIR Forever is a long time with a 350 pe ratio and a 73% growth rate last year. my guess is even if growth falls by 10% a year 3 years from now pe is 150 and because we are still talking about a company that is still growing at 30% yoy this stock price will be much higher from 1025 and could likely see a double from here sounds like you never had any shares. this might be a good time to rethink it with a 20% correction.
Idk if i would say “never”. But I would say it will be a very long time.
It surely will close out the gap down
hey where's the Tim Knight merch? I'm in for a tshirt
The idea that you can predict a the future price for a company that dominates an industry that's in it's infancy is foolish. Tesla is just getting off the ground with manufacturing facilities in Texas & Germany yet to go online as well as the new product lines and new battery technology. My opinion is that you shouldn't underestimate Tesla. There are billionaires out there that are far poorer because they did
Lol. In this "everything bubble", TSLA is not the only crappy stock hitting ATH. It doesn't say anything about the company but does say everything about the state of the markets today: liquidity-driven FOMO-fueled, YOLO-supported mania. Remember, no one ever rings a bell at the top...
FUD...the fundamentals are clearly winning the day. Short term thinkers need not apply.
Bwahahahahaha... fundamentals....hahahahaha.
Agreed.
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