facebookMany assume TESLA will skyrocket without catalyst? - Seedly

Anonymous

22 Dec 2020

Stocks

Many assume TESLA will skyrocket without catalyst?

Hi guys,

As i have been reading comments in youtube that TESLA is going to hit $780 by X'mas. However there are no catalysts to justify that.

Maybe this is a supply and demand game with the index. But if there are many shorters, our price will only keep dropping right?
What is your prediction of the price after 21 dec?
I will do my own dilligent to research and take it with pinch of salt.

Discussion (1)

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Maisul

22 Dec 2020

Youtuber at Google (Channel : Say Do Invest)

I think end of they day, nobody will know where stocks will go to.

Best way is to go back to the basics and see if that stock is overvalued or undervalued.

End of the day, tesla is a still a business, whether or not stocks will go up or down or whethere it will correct is back their fair valuation is to back to the company's basics like the fundamentals of the company and the valuation of the company.

Above are just my opinion. im not a financial advisor :)

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