Guavaxf30
Guavaxf30
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avatarGuavaxf30
2024-07-25
Tesla makes one of the biggest daily drop in it's history today. And at the moment there seems to be some bounce.  But I think it is only a temporary bounce created by day traders who have shorted the stock.  I am staying with my price target of $170 as the real base. This is because a month ago, this was where Tesla begun the FOMO indused run created by Elon Musk talking about Robotaxi and 8/8 first view.  Now that robotaxi has been delayed to October, should Tesla not go back to the starting point? Especially after this dismay quarterly result?
$Rigetti Computing(RGTI)$ I will be very careful about being over confident either way on Rigetti. It may fall back below $2, or it can just as easily resume it's climb above $15. Be very nimble and quick in making decisions if uou are trading this counter.  At the moment, after the last weeks trend down, I will be inclined to bet on a rebound in a day or two. No more shorts for me for the moment. 
avatarGuavaxf30
2024-07-24
$Tesla Motors(TSLA)$  Guggenhiem has targer price of $134 and Well Fargo has target of $120. I am not so cruel. My target price is $170.  This is because a month ago it waa around this price before the FOMO crowd got suckered by Elon Musk with his robot talks.
$Tesla Motors(TSLA)$   Down another 3.6% pre-market. Watch out for the 386 support level. If that does not hold, 365 is next line of defence. Failing to hold that will bring Tesla into new lows for the year.
$Tesla Motors(TSLA)$  Financial report out on Tuesday 22nd April. Next week! Will TSLA go back up to $280? Or down to $180? What do you guys think? My own opinion - down to below $200 and 1st support at $180.  If that breaks, Wells Fargo and JP Morgan prediction of $120 will be visible by year end.
$Strategy(MSTR)$   MSTR has a very danger of going insolvent. It's breakeven price of Bitcoin is around 74k which is not very far from today's price. And with the leverage MSTR has taken for their purchases, really scary position to be in now.
$Tesla Motors(TSLA)$  This is starting off really bad. Already down almost 5% at $251.00. If Tesla does not hold $250.00, it will test $238.00 by end of the day. And if the Tuesday report comes out poor, my $180.00 expectation will be around the block....
$Tesla Motors(TSLA)$   The attempt to break out failed. Tesla needed to enter the earnings reporting week with some cushion. The way it ended the trading week is not good. At $241 plus, my expectation is it will retreat to $230 prior to Tuesday the 22nd April. And if the earnings results are as poor as I expect it to be, Tesla will likely go down to $220. Or lower.  But beyond this earnings season, I expect Tesla to fall even further to below $200. Again, my target price by mid-year is $180. I am kinder than Wells Fargo and JP Morgan who have called $120......
avatarGuavaxf30
2024-05-16
Tesla Is really good for shorting.  Yesterday's pre-open high was above 181. And an hour into the open it fell to near 173. Now trading at 174.20 post-market.  All these volatility caused by Elon Musk's erratic behaviour. He is making life interesting for Teska stake holders.
TSLA Another Tesla hard-call bull may go bankrupt.  Kathie Woods who have repeatedly called for $2600 as her target price will have lost billions in her ARKK funds this week. Mostly from Tesla's collapse. If ARKK is leveraged, they, and other similarly affected big holders, will be forced to liquidate their positions. Thereby further exacerbating the fall in Tesla prices. I said $180 as my target. Like Dan Ives, I am reducing this to Wells Fargo and JP Morgan's target price of $120-130. Elon really is having a Jack Ma period. Hopefully like Jack Ma, he learns to be humble and contrite. And get far far away from Trump.
avatarGuavaxf30
2024-11-20
$NVIDIA Corp(NVDA)$  Strong close yesterday. Up almost 5%. Market is pricing in a spectacular result.  It will be bery exciting tomorrow after market hours when the results are released. The market will either see a super rally, or a sudden retracement down. 
$Tesla Motors(TSLA)$   China taking it all the way. Tariff on US imports goes up to 125%.  Tesla and apple are going to be the trampled sands in the room where elephants are having a fight. Elon Musk must really be regretting getting involved with Trump now......
Elon Musk Warning Shortsellers of Tesla Will Be Obliterated. Seems today's actions is suggesting it is the holders of Tesla stock who are being obliterated now. Is this the start of the popping? 
avatarGuavaxf30
2024-07-26
$Tesla Motors(TSLA)$   It's been a nice 2 days of recovery but I am still holding to the view that nothing has really changed.  The fundamentals remains the same as it was a month ago. Actually, no. It may have even worsen as the robotaxi news may just be a show and tell by Elon Musk of what a future car may look like.  So the very famous quote about how in the short run the stock market is a popularity contest, but in the longer term, the weighting machine comes up really will apply to Tesla (and other similar meme) stocks. Just ask Warren Buffett why Berkshire Hathaway is not interested in Tesla.
avatarGuavaxf30
2024-03-11
Well written opinion piece and worth paying heed to.  My view is last Friday's movement was a breather, not the correction, and a healthy one at that. Which means, I feel the bull run is not over yet.  But it is also always good to watch carefully and be ready to take actions. Either ways.
Is Nvidia's Slide a Sign of a Market Top?
avatarGuavaxf30
2022-08-24
It is going to bleak for all growth companiesfor now. With global economies slowing down, and pressed in further by inflation and high cost of operations, without a good cash profit flow, some if these will find it increasinlycostlier to just stay in biz. Regrettably, apartfrom Tesla, I cannot think of any EV companies which have a decent profit trend. In fact,all are currently notnin the money, yet.
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$Strategy(MSTR)$   This is a super high risk stock.  It makes almost nothing, it's borrows money or issues and sells more stocks, just to buy and hoard Bitcoin.  When Bitcoin prices falls (as is now), shareholders are hit by a double wham. Share dilution and asset depreciation.  Be careful with your hard earned cash.
$Strategy(MSTR)$  watch the $200 support. If this breaks, Strategy can gal very very far down. Remember, as recent a a few months ago, it was at $550.  And now with crypto in a winter phase, going below the year low is always possible. Especially for Strategy whose only strategy is buy Bitcoin with borrowed money. 
$Tesla Motors(TSLA)$  $250 did not hold. Next number to look at is $220. It that falls, sub-$200 will happen.  My target is $180.
avatarGuavaxf30
2023-04-03
"However, its performance was below par, as it came in below its previous midpoint guidance of 32K vehicles. As such, investors expecting a robust report are likely disappointed after the company also underperformed in FQ4'22." Has the market already pried this present upturn a case of herd stampede?
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