Tesla stock is off its high, but it's not 'on sale': trader

yahoo2021-03-25

Tesla stock is rallying off its lows after suffering a 40% draw-down — its worst decline since the COVID-induced sell-off one year ago pulled it down more than 60%. But one trader is saying it's too ...

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Comments

alvernsim
2021-03-25
alvernsim
Wait till its on sale then
進澕
2021-03-25
進澕
Buy more if it still drop further
Itstheend
2021-03-25
Itstheend
600 PT s&p inclusion. If this is not a sale. What is?
StonkRanger
2021-03-25
StonkRanger
Buy the dip
- Itstheend:
  True story
GeorgeOr
2021-03-25
GeorgeOr
Nice
lks
2021-03-25
lks
I look at long term and will just DCA in whenever there is a dip

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But one trader is saying it's too ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-stock-is-off-its-high-but-its-not-on-sale-trader-104945788.html\">Source Link</a>\n\n</div>\n","source":"lsy1584348713084","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla stock is off its high, but it's not 'on sale': trader</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla stock is off its high, but it's not 'on sale': trader\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-25 10:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-stock-is-off-its-high-but-its-not-on-sale-trader-104945788.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla stock is rallying off its lows after suffering a 40% draw-down — its worst decline since the COVID-induced sell-off one year ago pulled it down more than 60%. But one trader is saying it's too ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-stock-is-off-its-high-but-its-not-on-sale-trader-104945788.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://finance.yahoo.com/news/tesla-stock-is-off-its-high-but-its-not-on-sale-trader-104945788.html","article_id":"1159581958","we_media_id":null,"thumbnails":["https://static.tigerbbs.com/894b094eb32ac5072648613b2fa7f36e"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159581958","pubTimestamp":1616638601,"columns":[],"sourceInfo":{"source_id":"lsy1584348713084","name":"yahoo"},"weMediaInfo":null,"summary":"Tesla stock is rallying off its lows after suffering a 40% draw-down — its worst decline since the COVID-induced sell-off one year ago pulled it down more than 60%. But one trader is saying it's too early for short-term investors to wade back in.\"[It] was at that point that we were warning investors: Maybe you want to take some profits into this strength if you were buying out at 466 area, or even earlier in the big move that we saw in 2020. It then started to trigger some more sell signals as t","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"Tesla股价已跌至高点，但并不是“出售”：交易员","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Tesla stock is rallying off its lows after suffering a 40% draw-down — its worst decline since the COVID-induced sell-off one year ago pulled it down more than 60%. But one trader is saying it's too early for short-term investors to wade back in.\n\"[Tesla] is a fan favorite out there for many investors... [A] lot of people love the company, love the story here with Tesla, and may be tempted to say, 'Hey, Tesla has come way off of those highs. Maybe I should buy the stock on sale here.' But we would caution against that,\" Alissa Coram, multimedia content editor at Investor’s Business Daily, tells Yahoo Finance Live.\nCoram looks to market technicals for cues, pointing to the prior breakout from a months-long consolidating pennant formation. \"[If] you rewind the clock to last November, that strength out of a little consolidation there, over the 466 level —we would have considered that definitely an actual entry for the stock. [It] went on a huge move after that,\" says Coram.\nTesla stock is pushing up against its 21-day exponential moving average after slicing through other support, following a period of institutional distribution. 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That would have been another spot to take profits,\" she says.\nCoram highlights the importance of the 50-day moving average, which is also the 10-week moving average — an important institutional reference point. \"When we see a big break of the 50-day line, or the 10-week line on a weekly chart, our research shows that it's at that point that stocks that have made big moves really need to take a break, at the very least. We've seen huge volume declines, and the stock is now hitting some resistance at that 21-day moving average, potentially living below that level... [W]e think Tesla needs some time here, so avoid that temptation of thinking the stock is on sale here,\" she says.\nFor longer-term investors still sitting on large, multiyear gains, Coram says they can treat Tesla stock a little differently and allow for more breathing room. \"Tesla could surge to new highs and keep climbing, but it also could be dead money for a while,\" shetweets. \"We'll have to see!\"","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":358955316,"gmtCreate":1616655541535,"gmtModify":1704796973103,"author":{"id":"3575936957429593","authorId":"3575936957429593","name":"alvernsim","avatar":"https://static.tigerbbs.com/c2fe3d62fe9cea4c6c6e6417f045322d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575936957429593","authorIdStr":"3575936957429593"},"htmlText":"Wait till its on sale then","listText":"Wait till its on sale then","text":"Wait till its on sale then","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358955316","repostId":1159581958,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358939885,"gmtCreate":1616648121047,"gmtModify":1704796896550,"author":{"id":"3576902230819300","authorId":"3576902230819300","name":"進澕","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3576902230819300","authorIdStr":"3576902230819300"},"htmlText":"Buy more if it still drop further","listText":"Buy more if it still drop further","text":"Buy more if it still drop further","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358939885","repostId":1159581958,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358901609,"gmtCreate":1616646270401,"gmtModify":1704796872555,"author":{"id":"3570498584363423","authorId":"3570498584363423","name":"Itstheend","avatar":"https://community-static.tradeup.com/news/38f2cdc567d6d8a0d3deacf0d4a3aaa3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3570498584363423","authorIdStr":"3570498584363423"},"htmlText":"600 PT s&amp;p inclusion. If this is not a sale. What is?","listText":"600 PT s&amp;p inclusion. If this is not a sale. What is?","text":"600 PT s&p inclusion. If this is not a sale. What is?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358901609","repostId":1159581958,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358079502,"gmtCreate":1616645343706,"gmtModify":1704796856658,"author":{"id":"3567595781990590","authorId":"3567595781990590","name":"StonkRanger","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3567595781990590","authorIdStr":"3567595781990590"},"htmlText":"Buy the dip","listText":"Buy the dip","text":"Buy the dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358079502","repostId":1159581958,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3878085,"gmtCreate":1616646324152,"gmtModify":1680781646545,"authorId":3570498584363423,"author":{"id":3570498584363423,"idStr":"3570498584363423","authorId":3570498584363423,"name":"Itstheend","avatar":"https://community-static.tradeup.com/news/38f2cdc567d6d8a0d3deacf0d4a3aaa3","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":358079502,"type":1,"supId":0,"prevId":0,"content":"True story","text":"True story","html":"True story"}],"langContent":"EN"},{"id":358022689,"gmtCreate":1616642965141,"gmtModify":1704796821081,"author":{"id":"3570922030489337","authorId":"3570922030489337","name":"GeorgeOr","avatar":"https://static.tigerbbs.com/590cc7dd964e0cf6e057302728902b7b","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3570922030489337","authorIdStr":"3570922030489337"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358022689","repostId":1159581958,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":358068065,"gmtCreate":1616641551257,"gmtModify":1704796804540,"author":{"id":"3568173757403571","authorId":"3568173757403571","name":"lks","avatar":"https://static.tigerbbs.com/a57ae82052ee22841b4ff92c03b5c6b0","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3568173757403571","authorIdStr":"3568173757403571"},"htmlText":"I look at long term and will just DCA in whenever there is a dip","listText":"I look at long term and will just DCA in whenever there is a dip","text":"I look at long term and will just DCA in whenever there is a dip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/358068065","repostId":1159581958,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":55,"commentSize":26,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.4","shortVersion":"4.29.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1159581958"}