Issued: 12/01/2014
Tesla,’s TSLA:
1. In our Tues., Nov. 18 report (and subsequent) live meetingsit was forecast that Tesla would likely to fail (close below) $259/$60 and subsequently decline to $220.00 into late Nov.
2. The same report indicated that a daily close on Wed. Nov. 19 below $249.00 would further indicate that a tradable decline to $220.00 was underway.
3. Since then there have been no daily closes back above the critical $249.00 and today Tesla broke lower and is currently trading at $233.70.
4. Partial short position exit should be taken at current prices.
5. Our protective buy stop is at $250.00. This stop will be moved down quickly as the market continues to confirm. Will update.
David Williams
Issued: 12/03/2014
Tesla, TSLA:
1. We remain short Tesla as noted in previous updates.
2. Further short position exit should be taken at current prices (current price, $227.60).
3. Our protective buy stop has been lowered to $244..00 This stop will be moved lower as the market continues to confirm.
David Williams
Issued: 12/08/2014
Tesla, TSLA:
1. Our original Tues., Nov. 18 (and subsequent reports) forecast that Tesla was would test and fail at $259/$60 which would result in a tradable multiweek decline to $220.00, expected into late Nov. 2014.
2. Today (Mon., Dec. 8) Tesla completed the $221/$20 downside profit target, completing the trade. Will message any further entry or indication in Tesla.
David Williams
Issued: 11/19/2014
Tesla, TSLA:
1. In yesterday’s (Tues., Nov. 18) Williams edge stock meeting it was noted that Tesla was likely to fail at $259/$60 and subsequently decline and test/attempt $220.00 into late Nov.
2. Yesterday’s session high was $259.99 and today Tesla has broken sharply from that level, currently trading at $246.78. A daily close today below $249.00 will be a further indication that the decline to $220.00 is underway.
3.