The bulls remain in a full control n may soon add another 10% from recent buy point.The buyers market now but the close was not strong.
$219.24 as I type Time to short. The markets are going down. Pigs will sink the fastest. TSLA heading south from here. Its a car company. Shorts have covered as there are now shares available to short...and that'll change by tomorrow. Down it goes.
That being said....39 day ema is heading up. Matters not. Fundy's will come home to roost. TSLA is at a top. Maybe even a 52 week top going forward. Easy money short now. One last Ooo-rah before it dies. Chris Mac.... now you will see your $178.
And then again... maybe not. I have always believed the market for solar roofs could be huge. This is from yesterday: ________________ Panasonic to invest over $256 million in Tesla's U.S. plant for solar cells Panasonic Corp (6752.T) will invest more than 30 billion yen ($256 million) in a New York production facility of Elon Musk's Tesla Motors (TSLA.O) to make photovoltaic (PV) cells and modules, deepening a partnership of the two companies. Tesla's shares were up 3.5 percent at $220.75 in early trading on Tuesday. Japan's Panasonic, which has been retreating from low-margin consumer electronics to focus more on automotive components and other businesses targeting corporate clients, will make the investment in Tesla's factory in Buffalo, New York. The U.S. electric car maker is making a long-term purchase commitment from Panasonic as part of the deal, besides providing factory buildings and infrastructure. In a statement on Tuesday, the two companies said they plan to start production of PV modules in the summer of 2017 and increase to one gigawatt of module production by 2019. The plan is part of the solar partnership that the two companies first announced in October, but which did not disclose investment details. Tesla is working exclusively with longtime partner Panasonic to supply batteries for its upcoming Model 3, the company's first mass-market car. Panasonic is also the exclusive supplier of batteries to Tesla's Model S and Model X.
Not obvious in the press release, but Buffalo is where TSLA is going to make these things. So Panasonic's investment this time around is in roofs. If Musk can do anything... he sure can raise money. Ya gotta give him that. And with Trump's big announcement here in an hour... who knows what will happen. TSLA does make jobs in America. SIDELINES!
Bulls were put on alert after bearish evening star detected and failing to push above $224 area but so far the buyers remain at the helm. Bears were put on alert after bearish evening star detected and failing to push above $224 area but so far the buyers remain at the helm.
Tesla owner files lawsuit in California claiming sudden acceleration http://www.reuters.com/article/us-tesla-lawsuit-idUSKBN14J1ZE?il=0