News Focus
News Focus
icon url

XFundManager

01/08/21 4:53 PM

#39735 RE: J2003 #39734

Tesla Going To 10,000 In 2021 !

Remember people did not think it was going to go from 200 to 2,000 in 2020 !! that's a 10X return.
So going from 880.00 today to 10,000 is not a stretch and is expected based on Tesla hyper growth plans in 2021

Also don't forget Cathy woods 4000 Tesla prediction pre split was hit 2 years early !!

Tesla can go to 4500.00 with no pull back ! even if there are. pull backs they will be minor. Tesla now added to. the. S&P 500 has solidified its. self a the best company in the world'

It is. extremely undervalued, most investors of Tesla are holding long term, only kids or other amateurs are day trading or swing trading for fun.

the. real money is made long term 10 years + when Tesla will be trading at 178,000 per share ! Tesla will be on. a 40 year bull run !

The automobile industry will be consolidating. It was rumoured today that Tesla could be buying GM. The future of EV cars, Robo Taxi , Space, Solar and Disruptive technologies is owned by Tesla !




Tesla 6X from todays price of 880.00

icon url

JJ8

01/08/21 7:45 PM

#39756 RE: J2003 #39734

It's possible. Given I see the Uptrend is too strong.

I check it as often as possible. Of course when I have time. Since I am long term on Tesla, I do not check often. But with other stocks (like BNGO I got out in the second session as profit was more than doubled) I check more often when I can.

You see the clue comes first (1): from the daily. If the daily turns negative, second (2) will the weekly turn negative? Usually in a strong Uptrend it won't. But the "Market can do anything". We just don't know.

If and when both change into a Downtrend, that can be taken as a signal that things are probably changing... But the clue would come if that remains or lasts another week.

At this time I give 75% probability based on the Uptrend that the Oscillators recycle in a day or two with a minor setback and the Uptrend continues takes the share price higher.

The T/A at this time is not giving a clue of negative because it can be checked with several signs for accumulation, & OBV, and for trend using the SAR. Checking the MACD Histogram bars also shows the short term trend if the successive vertical bars rising or falling in intensity.

Keep in mind that the charts are formed because of developments with the company. Based on it, and its severity, "The Market can do anything".

The market is a consensus through Volume and Price moves and their relationships. Charts just record what's the market dynamic is conveying
and requires one's interpretation.

I hope this helps.

GLTY