Time for a retreat $Tesla Moto-To The Moon - Tiger Brokers Online Investing Community - To The Moon

Time for a retreat

$Tesla Motors(TSLA)$ has rebounded off its lows in a massive way. And after shaving so much off its highs, it was pretty much oversold and begging to be bought. And buying indeed did people do especially with rotation back into growth on the back of seemingly waning inflation. After a massive rally of almost 100% offthe 102 dollars bottom in early January, Tesla is still half off the value of its high in 2021. Amazing indeed! That is how much value compression it went through. And a 100% rally in a short space of one month is breathtaking indeed. I believe the rally is due for a breather.

Technically, the rally looks pretty over extended and it looks pretty much ready for a retreat which may have already started. I believe another massive leg down is on the table and depending on the macroeconomics and the inflation picture etc, the bear case scenario is another low to a possible 92 dollars. If it goes to those levels, I will be loading up!

I would not chase this rally and wait patiently for better prices ahead. I believe the bear market may not be done yet and the bears may have a last hurrah to wrap up before they call it a day.

Thanks for reading!

$XPeng Inc.(XPEV)$

$NIO Inc.(NIO)$

Can Tesla Guard $200 This Friday?

In the last month of 2022, it takes Tesla 36 days to fall from $200 to $101. While in the first two months of 2023, Tesla takes another 30 days to rebound to $200. [TOPIC] Can Tesla guard $200 this Friday? What's your trading plan for Tesla this week? Explain your reasons!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

fishinglo
2023-02-12
fishinglo
If a big decline happen, TSLA will find its place close to $50. Otherwise it will like keep trading at high PEs
YorkTurner
2023-02-12
YorkTurner
Tesla is now trading at about 51 times estimated 2023 earnings. The S&P 500 trades for about 18 times earnings.
jeffry09
2023-02-12
jeffry09
I will be selling all next week.. you will see some more “healthy” pullbacks
XantheJuliana
2023-02-12
XantheJuliana
TSLA will be at the 400-500 range MINIMUM end of year.
JessieTheresa
2023-02-11
JessieTheresa
Bear sentiment now, be careful. Maybe pullback will come in few weeks🤔
DaveLewis
2023-02-11
DaveLewis
I agree with you. There are better prices

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I believe&nbsp;the bear&nbsp;market may not be done yet and the bears&nbsp;may have a last hurrah to wrap up before they call it a day.&nbsp;</p>\n<p>Thanks for reading!</p>\n<p><a href=\"https://ttm.financial/S/XPEV\">$XPeng Inc.(XPEV)$&nbsp;</a><v-v data-views=\"0\"></v-v></p>\n<p><a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$&nbsp;</a><v-v data-views=\"0\"></v-v></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p>\n<p><br></p></body></html>","htmlText":"<html><head></head><body>Time for a retreat\n<p><br></p>\n<p><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v>has rebounded off its lows in a massive way. And after shaving so much off its highs, it was pretty much oversold and begging to be bought. And buying indeed did people do especially with rotation back into growth on the back of seemingly&nbsp;waning inflation. 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Otherwise it will like keep trading at high PEs","text":"If a big decline happen, TSLA will find its place close to $50. Otherwise it will like keep trading at high PEs","html":"If a big decline happen, TSLA will find its place close to $50. Otherwise it will like keep trading at high PEs","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105777915,"gmtCreate":1676187657674,"gmtModify":1676187661254,"authorId":9000000000000340,"author":{"id":9000000000000340,"authorId":9000000000000340,"name":"YorkTurner","avatar":"https://static.tigerbbs.com/56e720c7d3a4835efa4409feb9b8f386","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9954161809,"type":1,"supId":0,"prevId":0,"content":"Tesla is now trading at about 51 times estimated 2023 earnings. The S&amp;P 500 trades for about 18 times earnings.","text":"Tesla is now trading at about 51 times estimated 2023 earnings. The S&amp;P 500 trades for about 18 times earnings.","html":"Tesla is now trading at about 51 times estimated 2023 earnings. The S&amp;P 500 trades for about 18 times earnings.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105777919,"gmtCreate":1676187742744,"gmtModify":1676187746129,"authorId":3479274802455671,"author":{"id":3479274802455671,"authorId":3479274802455671,"name":"jeffry09","avatar":"https://static.laohu8.com/picture158","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9954161809,"type":1,"supId":0,"prevId":0,"content":"I will be selling all next week.. you will see some more “healthy” pullbacks","text":"I will be selling all next week.. you will see some more “healthy” pullbacks","html":"I will be selling all next week.. you will see some more “healthy” pullbacks","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105777918,"gmtCreate":1676187688674,"gmtModify":1676187692315,"authorId":9000000000000343,"author":{"id":9000000000000343,"authorId":9000000000000343,"name":"XantheJuliana","avatar":"https://static.tigerbbs.com/f28da48e3ea5979e903256fc9086c1d4","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9954161809,"type":1,"supId":0,"prevId":0,"content":"TSLA will be at the 400-500 range MINIMUM end of year.","text":"TSLA will be at the 400-500 range MINIMUM end of year.","html":"TSLA will be at the 400-500 range MINIMUM end of year.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105773957,"gmtCreate":1676112429842,"gmtModify":1676112436100,"authorId":9000000000000538,"author":{"id":9000000000000538,"authorId":9000000000000538,"name":"JessieTheresa","avatar":"https://static.tigerbbs.com/178e341361d3542870f06c6123a6ebca","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9954161809,"type":1,"supId":0,"prevId":0,"content":"Bear sentiment now, be careful. Maybe pullback will come in few weeks🤔","text":"Bear sentiment now, be careful. Maybe pullback will come in few weeks🤔","html":"Bear sentiment now, be careful. Maybe pullback will come in few weeks🤔","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":105773956,"gmtCreate":1676112307399,"gmtModify":1676112311376,"authorId":9000000000000636,"author":{"id":9000000000000636,"authorId":9000000000000636,"name":"DaveLewis","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9954161809,"type":1,"supId":0,"prevId":0,"content":"I agree with you. There are better prices","text":"I agree with you. There are better prices","html":"I agree with you. There are better prices","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9954161809"}