Post by
Socrates1 on Apr 25, 2024 11:08am
My take TESLA
It's a case study, so it is important to follow the basics. Just a bounce or is this rally gonna last or just shorts pushing for a greater spread?....... All the stock needs to do NOW to maintain upward momentum is close above $175.79 or last moths close by next Tuesday the 30th! Failure to do so may signal further slide downward, or look where the taboo number or last LOW was at $138.80. A lower low will also signal further slide.
For now it is really to early to say it eather way for sure with any confidence..... my take is Musk does not wanted to go the cheap EV ways bc margins sucks at low prices! Robotaxy was gonna bring volume and high margins but regulatory nightmare and precious time TESLA does not have!
So by forced to lower all model prices world vide and going the cheap EV way will be enough for the stock to outperform? I don't know it's a case study so I take notes.....
Comment by
Socrates1 on Apr 29, 2024 8:39am
Sincerely thank you, finally a recognition.......lol definetly know more than 90% here thank you!