Shanghai factory in full capacity soon.
Price drop for model 3 in china. Orders were flooded
Q3 results to show demand was really there.
Long term. Good time to accumulate now.
Nothing wrong with the good news/data, just the speculative shortish are finding all excuses to create panic and bring the price down.
How many times the good news were not appreciated ? Including the Friday Q3 delivery report filed.
Expectation is TSLA needs breakthrough news not just meeting the analysts preset target.
Capitalize on the shortist sentiment,buy on the lower bargain dips before the breakout !Ride along the tide .
Based on the TA, the TSLA pricing is moving in a wedge triangular, $450 at flat with higher low (330,350 , the next dip~$380 /trend up support line).
Breakout from $450 is expected , so the hidden hands will plan for a reverse.
Need to closely track the options activities... The powerful underwriters so far have an upper hand.. Don't know what stun they will pull this round.
With the higher Q3 delivery number reported , it is expected to meet Q3 earning target goal . Therefore , may see a higher volume of call options at higher than $450 on End October expiry.
Lets see will we see Q2 history to repeat.
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