TSLA is toast? <--- epic selloff

Hee Loo

 

All true.

 

TSLA didn't break 900 by much, 40cents, I still absolutely believe it'll potentially be a great short candidate if it loses 794, my thesis stands. Not a trade recommendation.

 

Lol... the threat you started is "Tsla, epic sell off" when it dropped 40 from 880. It just hit 900 and you call it a short candidate.

 

OF ALL the opportunites out there, the OP wants to short something thats been going parabolic for 2 years straight in the bullest of bull markets. Does that make sense to anyone ?

 

TSLA -$43 ah now trading at 820.

If it loses 794 support it'll be interesting to see how far it could drop...

Sometimes I get tired of being right so often

#volatility

 

Yeah.
It'll be $925 tomorrow if history is any guide.
And that's w/o a chart in front of me.

 

This dude went from $500 to $1 million in 1.5 years!

 

If market / Naz get continuation down tomorrow there's no shot in hell this gets anywhere near $925.

 

Actually, Tesla isn't that overvalued. It earned $4, margins can expand and other lines will appear to keep people excited. If its EPS triple to $10-12 in 3 years and valued at 70x-100x multiple, trading at 800-1000 isn't too rich.