Social Chat - Short Term TSLA Movements

[CatB]

Well 237 now, pretty close.
i thought there was a large order providing support at 240, did that go thru?
Or did I misunderstand or misremember? (90% of what I know about trading I have learned from reading all your posts, and I still don't "get it" a lot of times)

 

[hershey101]

The last $20 move down has been mostly on very light volume. Right now we are only at 3 million shares traded. I think the institutional holders are holding out for dirt cheap prices, and will move in big once we get closer to the 200-day SMA. Also, for those keeping track, the current price is $38 discount from the average analyst estimate, the largest discount ever!

 

[uselesslogin]

The display car was gone from the store too.

LOL, really, so like all they have in there now is the skateboard?

 

[InTheShadows]

LOL, really, so like all they have in there now is the skateboard?

Maybe they sold that too.

I drove 940 miles yesterday and from Edison NJ to Albany NY and back I saw 12 other Tesla MS's, 7 of those were random and not at superchargers. I'm sure I missed some too. I think that is more than I have seen total excluding stores. Also saw my first Sig Red ever in person. Amazing!

There are more Tesla's out there now than ever!

The report of 2500 sold in Sept is really awesome if it is true. If they sustain that number going forward, that's 30k per year in the USA alone. I don't expect them to sustain it but I do expect Decembers number to be larger.

This market funk is really helping to create a long term buying opportunity IMO.

 

[Chickenlittle]

Maybe they sold that too.

I drove 940 miles yesterday and from Edison NJ to Albany NY and back I saw 12 other Tesla MS's, 7 of those were random and not at superchargers. I'm sure I missed some too. I think that is more than I have seen total excluding stores. Also saw my first Sig Red ever in person. Amazing!

There are more Tesla's out there now than ever!

The report of 2500 sold in Sept is really awesome if it is true. If they sustain that number going forward, that's 30k per year in the USA alone. I don't expect them to sustain it but I do expect Decembers number to be larger.

This market funk is really helping to create a long term buying opportunity IMO.

the 2500 in sept is huge. they always underestimate because it's based on registrations. Took me a month to register mine. Certainly cars delivered last week will not be included. In past these estimates always off

 

[AlMc]

2500 NA deliveries in Sept? Link? Thanks

*****nevermind...found it*****

 

[austinEV]

LOL, really, so like all they have in there now is the skateboard?

Correct. and stylish set of chairs a table.

 

[chickensevil]

For those looking for a 235 resistance I think we are seeing that right now. It touched into 235s a number of times now with the low being 235.65

 

[Citizen-T]

I drove 940 miles yesterday and from Edison NJ to Albany NY and back I saw 12 other Tesla MS's, 7 of those were random and not at superchargers. I'm sure I missed some too. I think that is more than I have seen total excluding stores. Also saw my first Sig Red ever in person. Amazing!

There are more Tesla's out there now than ever!

I went for a run around my neighborhood on Saturday and saw 4 Tesla's out and about. Getting really densely populated here in Raleigh.

 

[Curt Renz]

For those looking for a 235 resistance I think we are seeing that right now. It touched into 235s a number of times now with the low being 235.65

You could well be right. But please forgive my correction of terminology. It appears that you actually look upon 235 as a support level at which many investors become willing to buy. A resistance level is one that a share's price has a hard time getting above due to a supply of shares readily offered at that price. Support comes at near-term bottoms. Resistance comes at near-term tops. Meanwhile, your observation appears to have become even more valid while I was composing this response. :smile:

 

[chickensevil]

You could well be right. But please forgive my correction of terminology. It appears that you actually look upon 235 as a support level at which many investors become willing to buy. A resistance level is one that a share's price has a hard time getting above due to a supply of shares readily offered at that price. Support comes at near-term bottoms. Resistance comes at near=term tops. Meanwhile, your observation appears to have become even more valid while I was composing this response. :smile:

Sorry, yes, you are of course right, for some reason I keep wanting to think resistance in both directions, and I wasn't using the term correctly.

 

[jhm]

GM will be offering "Super Cruise" in two years for limited hands free driving, which should improve safety. Drivers could use a free hand to make sure their key stays in the ignition. Good luck GM.

 

[ggr]

GM will be offering "Super Cruise" in two years for limited hands free driving, which should improve safety. Drivers could use a free hand to make sure their key stays in the ignition. Good luck GM.

A low blow, sir! But it made me laugh.

 

[Curt Renz]

GM will be offering "Super Cruise" in two years for limited hands free driving, which should improve safety. Drivers could use a free hand to make sure their key stays in the ignition. Good luck GM.

A big laugh from me. I have one of those cars for which the ignition switch had to be replaced. Its production cost is less than a dollar, but the service writer told me his dealership would be billing General Motors for over $200.

 

[FluxCap]

I went for a run around my neighborhood on Saturday and saw 4 Tesla's out and about. Getting really densely populated here in Raleigh.

Can you go for a run for me while you're at it?

We saw 6 Teslas in one day last Saturday, a record for us in our DC neighborhood. Feels like they are delivering them by the bucketload.

 

[mibaro2]

GM will be offering "Super Cruise" in two years for limited hands free driving, which should improve safety. Drivers could use a free hand to make sure their key stays in the ignition. Good luck GM.

ROFL. Good one!

 

[austinEV]

Can you go for a run for me while you're at it?

If you could figure out how to move fitness (or fat) from one person to another, you would have yourself a trillion dollar business.

 

[AlMc]

If you could figure out how to move fitness (or fat) from one person to another, you would have yourself a trillion dollar business.

Yes, another truly disruptive business:wink:. Surprised, but happy we pulled back to over $240 at close.

 

[anticitizen13.7]

Yes, another truly disruptive business:wink:. Surprised, but happy we pulled back to over $240 at close.

I think it's a good time for people to buy in if they want to pick up some shares. When forum activity is low I see a bottoming out (or close to it).

 

[Zaxxon]

The small number of shares I bought today at $236 are looking pretty good right now. Wish I had elected calls instead, but wasn't confident enough that the drop was ending.