TSLA Record High Update

This may be my last posting regarding Tesla as it may delist and go private. SpaceX is already private and TSLA may soon join SpaceX. The short players have been getting burned as close to 31% of the entire TSLA float has been shorted. Investopedia is an excellent site to get information about any market meanings and technical indicators.

They do a big spread about TSLA short players and how they get squeezed. Still TSLA is also approaching a Cycle degree wave 3 peak, but we may never find out if we can’t get private price charts on TSLA. Many companies have delisted in the past so it’s not that uncommon.

The Gold/Tsla ratio is a bit better at 3.4:1, down from an extreme of 1.13:1. I’m sure TSLA stock will not hold up, and sooner or later it will take out my 4th wave support at the $140 price level.

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