What? You want to talk about Tesla's bottom price $Tesla Motors(TSLA)$ ? Wah, steady lah, let's dive deep into the chart analysis and see what's cooking! You see ah, the chart shows a clear downward trend. The bollinger band is like telling us, "Eh, the price bounce here, bounce there, but overall going downhill leh." And then, see, Tesla is below the moving averages, like kena stuck in the MRT breakdown, confirm jialat one.
Talking about trends, the EV industry like siao liao, expecting downturn, sales also like eating tau huay, very soft. And then ah, Tesla come out say deliveries got problem, miss estimates somemore, yesterday drop 4%. Wah, like that confirm bad luck follow, like those people who always kena NS call-up.
Now, let's check out the options market, see got any hints or not. Got some support at $165, $160, $150, and $120. Wah, put call ratio 1.14 leh, means got more people saying "eh, downward only lah" than "up up here, up up there." So, like everyone quite pessimistic about Tesla sia.
In summary, Tesla really ho say lah, all signs pointing down like water flowing down Bukit Timah Hill. Charts say down, options say down, even performance down, like kena sai. Plus, you know lah, industries all like rollercoaster one, EV also no exception. Now in downturn, sales soft like tofu. Tesla come out with 5-year 0% interest loan, maybe help a bit lah, but don't expect magic lah. China also got fierce competition, like trying to squeeze into the MRT during peak hour, very tough one. But you know what, Tesla got solid balance sheet, like uncle with lots of savings. If the price drop to around $150, or maybe jackpot drop to $100, wah, then confirm jin ho say, very attractive buy lah.
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