Tesla Motors Inc | TSLA Stock Analysis | Bull Starts the Week

October 3, 2016

 

Candlestick Rock

We think MA rock, candlestick rock too. A simple candlestick shows the entire trading for the week, day, hours or minute. It shows the open, close, high and low. It shows the volatility of the trade.

 

Car of the Future

We have been putting a lot of focus on Tesla. It is likely the raising sun for the next few years until something really happen while everyone is thinking battery is next thing to go. Some may want to correct and say no, no it is the electronic. The true is when the semiconductor start the main stage for many thing. In fact, the car has been using ‘mother board’ or the central processing unit to manage the car. Only until recent year, the car manufacturing are trying to substitute the petrol with battery.

 

Market Watch

Only until charging a car is not a problem, or say take so long. Check how long to fill the tank full with petrol, less than ten minutes. Most of us do not stay at the gas station for longer than fifteen minutes with all the needy.  True or true!

 

Well, well, will see.

 

Tesla Motors Inc Daily Charting

Picture worth a thousand words. See comment on chart for details.

 

October 3, 2016 Tesla Motors Inc Daily

October 3, 2016 Tesla Motors Inc Daily

 

Tesla Motors Inc Weekly Charting

It is still down trend, high, low, lower high, lower low. Until the trend has change, we are expecting a lower low. Of course, all setup can fail, the lower low may not come; a fail bear. Will see.

 

October 3, 2016 Tesla Motors Inc Weekly

October 3, 2016 Tesla Motors Inc Weekly

 

 

 

Have fun!

Moses US Stock Analysis

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