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- JoketraderJoketrader
  ·2021-05-20
  After all that trashing on the stock and i find out at the end of the article that the author is long Tesla. Hahahah
  Has The Moment Of Truth Arrived For Tesla's Stock?
  When an issue has a ridiculous rally, reaches a ridiculous valuation and retreats, it's impossible to predict if the issue will return to its former glory.This description can be applied to a slew of companies, however, the issue with arguably the biggest cult following is Tesla Inc. and is the PreMarket Prep Stock Of The Day.Besides the masterful influence its CEO, Elon Musk, exhibits through Twitter, there are three important events over the last nine months that have accounted for the fluff o
  Has The Moment Of Truth Arrived For Tesla's Stock?
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Hahahah","listText":"After all that trashing on the stock and i find out at the end of the article that the author is long Tesla. Hahahah","text":"After all that trashing on the stock and i find out at the end of the article that the author is long Tesla. Hahahah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/130397029","repostId":"1187748837","repostType":4,"repost":{"id":"1187748837","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621479312,"share":"https://www.laohu8.com/m/news/1187748837?lang=&edition=full","pubTime":"2021-05-20 10:55","market":"us","language":"en","title":"Has The Moment Of Truth Arrived For Tesla's Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1187748837","media":"Benzinga","summary":"When an issue has a ridiculous rally, reaches a ridiculous valuation and retreats, it's impossible to predict if the issue will return to its former glory.This description can be applied to a slew of companies, however, the issue with arguably the biggest cult following is Tesla Inc. and is the PreMarket Prep Stock Of The Day.Besides the masterful influence its CEO, Elon Musk, exhibits through Twitter, there are three important events over the last nine months that have accounted for the fluff o","content":"<p>When an issue has a ridiculous rally, reaches a ridiculous valuation and retreats, it's impossible to predict if the issue will return to its former glory.</p><p>This description can be applied to a slew of companies, however, the issue with arguably the biggest cult&nbsp;following is&nbsp;<b>Tesla Inc.</b>&nbsp;and is the PreMarket Prep Stock Of The Day.</p><p><b>How Did It Get So Overvalued?</b>Besides the masterful influence its CEO, Elon Musk, exhibits through Twitter, there are three important events over the last nine months that have accounted for the fluff on top of an already fluffy issue.</p><p>The first one being, the issue's 5-for-1 stock split announced on Aug.&nbsp;11, 2020, which became effective on Aug. 28. In addition, to rallying from its price prior to the announcement ($274.88) to $442.68 (the closing price before the split), it tacked on another $50&nbsp;on the day following the split.</p><p>Many shorts were convinced the split put in the all-time high and were rewarded when the issue cratered to $329.86 in the next five sessions. However, there was another powerful catalyst waiting in wings.</p><p>On Nov. 30, when the issue was hovering at the $400 area, it was announced&nbsp;the company was going to be added to the S&amp;P 500 as of Dec. 21. In an all-out assault on indexers that would need to purchase&nbsp;shares by that date, frontrunners were out in full force.</p><p>Over the next few weeks, the issue rallied from its Nov. 16 close ($408.09) and wasn't added to the index until the staggering price of $695. No change in the fundamentals of the company, but a 70% rally nonetheless.</p><p>Once again, shorts were again convinced that the top was in and were rewarded in the short-term when Tesla swooned to $614.23 only two days later. However, when it cleared that high in the first trading session of 2021, panic buying boosted the issue to $884.49 just&nbsp;five sessions later.</p><p>The ultimate high wasn't made until Jan.&nbsp;25 at $900.40.</p><p>When adding the price increase in Tesla from only two of those events, the split ($225), the S&amp;P 500 add ($287) for a total of $512. When discounting that from its all-time, many consider the fair value of Tesla to be $388 instead of its current price around $560.</p><p><img src=\"https://static.tigerbbs.com/af5de7cbce5df03f0ec42689a442f148\" tg-width=\"914\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p><p><b>The Moment Of Truth Has Arrived</b>: Whatever you think of the above math and logic behind it, there is one thing for certain:&nbsp;the issue has retreated 38%&nbsp;from its all-time high and has reached a critical support level.</p><p>This is simple math from a technical standpoint. Ahead of the January ramp, the issue bottomed in December at $541.21. Panic selling in March took the issue to $539.49 and Wednesday’s low stands at $546.98.</p><p>One does not have to be a Chartered Technical Analyst to know that if the trio of lows at the $540 level is breached, it's&nbsp;going to get real ugly and in a hurry. Support is support until it's breached and once that happens it often becomes major resistance.</p><p>Shareholders are hoping that level isn't taken out, but the longer it hangs out in this area, the more concerned they'll be.</p><p><i>Disclosure: The author of this article is long shares of Tesla.</i></p>","collect":0,"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>Has The Moment Of Truth Arrived For Tesla's Stock?</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\">\nHas The Moment Of Truth Arrived For Tesla's Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-20 10:55</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>When an issue has a ridiculous rally, reaches a ridiculous valuation and retreats, it's impossible to predict if the issue will return to its former glory.</p><p>This description can be applied to a slew of companies, however, the issue with arguably the biggest cult&nbsp;following is&nbsp;<b>Tesla Inc.</b>&nbsp;and is the PreMarket Prep Stock Of The Day.</p><p><b>How Did It Get So Overvalued?</b>Besides the masterful influence its CEO, Elon Musk, exhibits through Twitter, there are three important events over the last nine months that have accounted for the fluff on top of an already fluffy issue.</p><p>The first one being, the issue's 5-for-1 stock split announced on Aug.&nbsp;11, 2020, which became effective on Aug. 28. In addition, to rallying from its price prior to the announcement ($274.88) to $442.68 (the closing price before the split), it tacked on another $50&nbsp;on the day following the split.</p><p>Many shorts were convinced the split put in the all-time high and were rewarded when the issue cratered to $329.86 in the next five sessions. However, there was another powerful catalyst waiting in wings.</p><p>On Nov. 30, when the issue was hovering at the $400 area, it was announced&nbsp;the company was going to be added to the S&amp;P 500 as of Dec. 21. In an all-out assault on indexers that would need to purchase&nbsp;shares by that date, frontrunners were out in full force.</p><p>Over the next few weeks, the issue rallied from its Nov. 16 close ($408.09) and wasn't added to the index until the staggering price of $695. No change in the fundamentals of the company, but a 70% rally nonetheless.</p><p>Once again, shorts were again convinced that the top was in and were rewarded in the short-term when Tesla swooned to $614.23 only two days later. However, when it cleared that high in the first trading session of 2021, panic buying boosted the issue to $884.49 just&nbsp;five sessions later.</p><p>The ultimate high wasn't made until Jan.&nbsp;25 at $900.40.</p><p>When adding the price increase in Tesla from only two of those events, the split ($225), the S&amp;P 500 add ($287) for a total of $512. When discounting that from its all-time, many consider the fair value of Tesla to be $388 instead of its current price around $560.</p><p><img src=\"https://static.tigerbbs.com/af5de7cbce5df03f0ec42689a442f148\" tg-width=\"914\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p><p><b>The Moment Of Truth Has Arrived</b>: Whatever you think of the above math and logic behind it, there is one thing for certain:&nbsp;the issue has retreated 38%&nbsp;from its all-time high and has reached a critical support level.</p><p>This is simple math from a technical standpoint. Ahead of the January ramp, the issue bottomed in December at $541.21. Panic selling in March took the issue to $539.49 and Wednesday’s low stands at $546.98.</p><p>One does not have to be a Chartered Technical Analyst to know that if the trio of lows at the $540 level is breached, it's&nbsp;going to get real ugly and in a hurry. Support is support until it's breached and once that happens it often becomes major resistance.</p><p>Shareholders are hoping that level isn't taken out, but the longer it hangs out in this area, the more concerned they'll be.</p><p><i>Disclosure: The author of this article is long shares of Tesla.</i></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187748837","content_text":"When an issue has a ridiculous rally, reaches a ridiculous valuation and retreats, it's impossible to predict if the issue will return to its former glory.This description can be applied to a slew of companies, however, the issue with arguably the biggest cult following is Tesla Inc. and is the PreMarket Prep Stock Of The Day.How Did It Get So Overvalued?Besides the masterful influence its CEO, Elon Musk, exhibits through Twitter, there are three important events over the last nine months that have accounted for the fluff on top of an already fluffy issue.The first one being, the issue's 5-for-1 stock split announced on Aug. 11, 2020, which became effective on Aug. 28. In addition, to rallying from its price prior to the announcement ($274.88) to $442.68 (the closing price before the split), it tacked on another $50 on the day following the split.Many shorts were convinced the split put in the all-time high and were rewarded when the issue cratered to $329.86 in the next five sessions. However, there was another powerful catalyst waiting in wings.On Nov. 30, when the issue was hovering at the $400 area, it was announced the company was going to be added to the S&P 500 as of Dec. 21. In an all-out assault on indexers that would need to purchase shares by that date, frontrunners were out in full force.Over the next few weeks, the issue rallied from its Nov. 16 close ($408.09) and wasn't added to the index until the staggering price of $695. No change in the fundamentals of the company, but a 70% rally nonetheless.Once again, shorts were again convinced that the top was in and were rewarded in the short-term when Tesla swooned to $614.23 only two days later. However, when it cleared that high in the first trading session of 2021, panic buying boosted the issue to $884.49 just five sessions later.The ultimate high wasn't made until Jan. 25 at $900.40.When adding the price increase in Tesla from only two of those events, the split ($225), the S&P 500 add ($287) for a total of $512. When discounting that from its all-time, many consider the fair value of Tesla to be $388 instead of its current price around $560.The Moment Of Truth Has Arrived: Whatever you think of the above math and logic behind it, there is one thing for certain: the issue has retreated 38% from its all-time high and has reached a critical support level.This is simple math from a technical standpoint. Ahead of the January ramp, the issue bottomed in December at $541.21. Panic selling in March took the issue to $539.49 and Wednesday’s low stands at $546.98.One does not have to be a Chartered Technical Analyst to know that if the trio of lows at the $540 level is breached, it's going to get real ugly and in a hurry. Support is support until it's breached and once that happens it often becomes major resistance.Shareholders are hoping that level isn't taken out, but the longer it hangs out in this area, the more concerned they'll be.Disclosure: The author of this article is long shares of Tesla.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}