In October 2018,
TSLA
ignited over the MA line but afterwards kept getting rejected for 179 days, up until early June 2019 when it hovered over the MA line for two months. Upon the surprise earnings report on July 24 2019 (-2.31, expected -1.45), TSLA dropped nearly 14%. However there's still promising news emerging from the company, and the social buzz seems promising. Continuing the upwards trend on a parallel trend line, if we pass the ignition price @ 250, that's a promising indication of an upwards trend. The ceiling is as high as 380, ending the year around 340, which is a +117.98 (51.39%) gain.
But hey I'm just hoping I'm right.
TSLA
ignited over the MA line but afterwards kept getting rejected for 179 days, up until early June 2019 when it hovered over the MA line for two months. Upon the surprise earnings report on July 24 2019 (-2.31, expected -1.45), TSLA dropped nearly 14%. However there's still promising news emerging from the company, and the social buzz seems promising. Continuing the upwards trend on a parallel trend line, if we pass the ignition price @ 250, that's a promising indication of an upwards trend. The ceiling is as high as 380, ending the year around 340, which is a +117.98 (51.39%) gain. But hey I'm just hoping I'm right.