Heiej
commented on
$Tesla (TSLA.US)$
Tesla was grossly overbought with RSI at 83.7. When the FOMC signalled that it will only cut rates twice next year, the market sold off. Tesla took the lead by plunging 8.28%.
It formed a bearish engulfing candlestick which may mean that it peaked at 488.54. There may have more downside.
Tesla delivered about 1.8 million EVs in 2023. In order not to suffer a year-on-year drop, Tesla needs to deliver at least 515,000 units in 4Q2024. Tesla has never d...
Tesla was grossly overbought with RSI at 83.7. When the FOMC signalled that it will only cut rates twice next year, the market sold off. Tesla took the lead by plunging 8.28%.
It formed a bearish engulfing candlestick which may mean that it peaked at 488.54. There may have more downside.
Tesla delivered about 1.8 million EVs in 2023. In order not to suffer a year-on-year drop, Tesla needs to deliver at least 515,000 units in 4Q2024. Tesla has never d...
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Heiej
reacted to
$Adobe (ADBE.US)$ treat all analyst Calls in one of 2 ways;
1. completely ignore
2. if the analyst works for a big bank/firm and thus able to cause short term price movement , then use the analyst call to your own advantage for quick stock price move action. Up or down.
Never make investment decisions based on Analyst Stock rating . Most Analysts are completely useless and their predictions worthless like a thin sheet of paper.
1. completely ignore
2. if the analyst works for a big bank/firm and thus able to cause short term price movement , then use the analyst call to your own advantage for quick stock price move action. Up or down.
Never make investment decisions based on Analyst Stock rating . Most Analysts are completely useless and their predictions worthless like a thin sheet of paper.
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Heiej : The above calculations was wrong. To get 1.8 million, the 4th quarter number is 477000. Which is a feasible number