Madluvyz
2024-11-25
$Tesla Motors(TSLA)$  


Disclaimer: Whatever I say or post doesn't act as financial advice, so please do your own due diligence before making any decision.


I personally do not own or trade TSLA because it is too news driven and pretty much depend on what Elon Musk post on X first thing in the morning (which is own by him now too btw, so there might be certain lvl of bias). 

However, in the midst of chasing for the high, have you look on the flip side of the coin and protect your downside? What if the big sharks decide to dump TSLA stocks because they think that the price is too high? Have you set your stop loss target? 

These are all questions you should ask yourself before you go chase the hype. 

So from my TA perspective, TSLA is at a speculative zone right now as it shoots above its regression line. And all the indicators show that it might cut back soon. So I will not recommend to enter now at such a high valuation price. [Tongue]  


@madluvyz - Specialist in using TA to sell options and swing trade.


Tesla Earnings: Time to Beat or Give Back Post-Election Gains?
Tesla is expected to be released on January 29. It might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. EPS estimates of $0.76, which represents a year-over-year change of +7%. Revenues are expected to be $27.61 billion, up 9.7% from the year-ago quarter. --------------- Are you bullish on another beat and lift the stock higher? Or is it too hard to meet the high estimates of market and may give back the post-election gains?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Myron Bright
    2024-11-26
    Myron Bright

    Great analysis! Is Tesla a long term hold? I think it will reach 400 next year

    • Madluvyz
      Yeah I think long term wise its a hold. However how high it will shoot up too I am not sure. Not keen to speculate too.
Leave a comment
2