$Tesla Motors(TSLA)$ Tesla sto

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$Tesla Motors(TSLA)$ Tesla stock has been bouncing off the moving average for weeks now. It bounced off the hundred day moving average as a rejection, 10 bounce of the 20 day moving average as support. Right now, it is near the 50 day moving average, can it hold as support? Today Tesla will be revealing the roadster. While I am very excited for the event, I don't think that it will move the stock much. The roadster is kind of a niche product, and will only add a small percentage to Tesla's revenue. Margins however, should be quite high. Given Elon's reputation, I don't think they will start the production of the roadster until at least end of 2028. What are your thoughts on Tesla's roadster event?

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lolmei
·10-22 17:12
50 day matters more here than the Roadster hype. If volume stays thin, that support probably gets tested again.
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The roadster is kind of a niche product, and will only add a small percentage to Tesla's revenue. Margins however, should be quite high. Given Elon's reputation, I don't think they will start the production of the roadster until at least end of 2028. What are your thoughts on Tesla's roadster event?<img src=\"https://community-static.tradeup.com/news/3a22a005ea3ac63bacf3e9108e9d94d3\" tg-width=\"1044\" tg-height=\"1622\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a> Tesla stock has been bouncing off the moving average for weeks now. It bounced off the hundred day moving average as a rejection, 10 bounce of the 20 day moving average as support. Right now, it is near the 50 day moving average, can it hold as support? Today Tesla will be revealing the roadster. While I am very excited for the event, I don't think that it will move the stock much. The roadster is kind of a niche product, and will only add a small percentage to Tesla's revenue. Margins however, should be quite high. Given Elon's reputation, I don't think they will start the production of the roadster until at least end of 2028. What are your thoughts on Tesla's roadster event?<img src=\"https://community-static.tradeup.com/news/3a22a005ea3ac63bacf3e9108e9d94d3\" tg-width=\"1044\" tg-height=\"1622\"></body></html>","text":"$Tesla Motors(TSLA)$ Tesla stock has been bouncing off the moving average for weeks now. It bounced off the hundred day moving average as a rejection, 10 bounce of the 20 day moving average as support. Right now, it is near the 50 day moving average, can it hold as support? Today Tesla will be revealing the roadster. While I am very excited for the event, I don't think that it will move the stock much. The roadster is kind of a niche product, and will only add a small percentage to Tesla's revenue. Margins however, should be quite high. 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If volume stays thin, that support probably gets tested again.","text":"50 day matters more here than the Roadster hype. If volume stays thin, that support probably gets tested again.","html":"50 day matters more here than the Roadster hype. If volume stays thin, that support probably gets tested again.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0,"disclaimerType":0}],"hasMoreComment":true,"orderType":2}