TESLA is falling like a rock

Discussion in 'Stocks' started by TradeTune, Oct 30, 2020.

  1. Tesla will eventually bounce back up again to new high whenever, but if price is falling and you can buy at a lower price, why Not ?
     
    #11     Oct 30, 2020
  2. Pekelo

    Pekelo

    Tesla is a high beta stock. Market is down -1.5%, TSLA is down -3-4%. That simple...
     
    #12     Oct 30, 2020
    ET180 likes this.
  3. Don't justify ... market was going down hard yesterday and tesla was going up. TESLA movement is not much relevant to market index, you should know that if you trading Tesla.

    Lot of market makers playing it and they need to first take out lot of these kids, before shoot up again at any level they can achieve that.
     
    #13     Oct 30, 2020
  4. ET180

    ET180

    It's currently about 3x higher than it was at the end of last year. It can give back a bit.
     
    #14     Oct 30, 2020
  5. That's exactly what i am saying ... Tesla made nearly 1000% gain in shortest time, that's very unrealistic. Even it shoot up to 600, we will see it touch 460 level again
     
    #15     Oct 30, 2020
    ET180 likes this.
  6. Pekelo

    Pekelo

    I am not, I am just explaining. Put the 2 charts today on each other and see if they are parallel. (they are)
     
    #16     Oct 30, 2020
    Turveyd likes this.
  7. Don't be a drama queen it is only down 6-percent...a day like this? It was rather firm at the beginning of this sell-off.
    Their cars are not low quality...
     
    #17     Oct 30, 2020
  8. Ok, King Rama
     
    #18     Oct 30, 2020
  9. King Rama? I am TimtheEnchanter, you too seek the Grail?
     
    #19     Oct 30, 2020
  10. Cuddles

    Cuddles

    That is precisely the pun
     
    #20     Oct 30, 2020