$Tesla Motors(TSLA)$ spcx ipo is sucking the juice out of tsla stock [LOL] Tsla is just trading sideways. If you believe spcx and tsla will merge it's actually better to buy tsla stock as spcx valuation is very high and the larger company (spcx) will have to dilute shareholders to buy tsla. Do you think spcx and tsla will merge?
$Tesla Motors(TSLA)$ As I shared in my previous analysis June will be a volatile period because of the SpaceX ipo. Tesla's chart looks very bearish as it is trading below all the moving averages. Best case scenario it will trade sideways, but the spx and ES futures show signs of topping so expect more volatility in the markets. A great buying opportunity is coming soon, get your cash ready!
$Microsoft(MSFT)$ is finally rallying after months of underperforming. Next resistance levels to watch are $456 and $468 Where the 200 sma is. I believe msft will make new highs by the end of the year so enjoy the ride!
$Tesla Motors(TSLA)$ last week I posted that a great opportunity is coming for tsla bulls and sure enough tsla retraced to the moving averages, it even overshot dropping below $400. It has since rebounded nicely. I believe tsla will grind higher from here until June. The highly anticipated SpaceX ipo will cause some volatility as hedge funds and traders sell tsla shares for SpaceX. Will you sell your tsla stock to buy SpaceX?