Gerardf
Active Member
I think the bears are trying to push us below the 200 DMA.
Lets see if they can keep us below that ... I doubt it..
Lets see if they can keep us below that ... I doubt it..
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Yes. I think it's a mistake for shorts to try to amplify an immediate dip as it may blow up in their face as the day progresses. I'm guessing with volume today, manipulation is pretty difficult though. In my mind, a more effective dip would have been after an initial rise at open. We'll see.Predictably (I think) the stock dropped this morning on high volume, which I think is "weak longs" taking some profit off the table and some new shorts getting in. What I hope is that after the first hour, the price will trend up again and end higher than yesterday.
I think the bears are trying to push us below the 200 DMA. Lets see if they can keep us below that ...
Sorry guys, I tried to hold it up by buying 100 shares at 300.20. Did not work as planned.
LOL damn it!!!!! Always screw up on the SP......my bad...330.20 I meantGood deal... Who is selling those..?
I am ready to buy a TON at that US$ 300,20 price ;-)
I think there was a lot of concern SpaceX had failed and Elon would be distracted trying to fix the problem. SpaceX has now said their launch was a success so we should rebound as media reports it (assuming they actually do).
If you want nice, crispy fries with a fluffy inside, you have to parboil them, dry them, and then freeze them. After they are frozen solid, then you fry them at temperature. The freezing process is actually helpful in this case.
lets keep this train heading in the right direction!
This morning TSLA has punched above both its 50-day Simple Moving Average of $317.48 and its 200-day SMA of $332.04. If those are still supportive at the close, that could bode quite well for the future of the share price.
”“We do not comment on missions of this nature; but as of right now reviews of the data indicate Falcon 9 performed nominally.“
FWIW IB had 1.2 million shares available on 1/4 before market. They only had 250k available the next morning and only 80k this morning. They were around 1.3 million available for most of December.Tomorrow @ 4PM ET we should see how many shares were held short on Dec 29th when SP was at US$ 310.
- http://www.nasdaq.com/symbol/tsla/short-interest
I think it will be higher than last report, with the negative press those weeks. . (as usual they short low, cover high).
Will be fun to calculate how much they lost the past 2 weeks, and maybe we get an update from Igor as well