momotaro
02-14
$Tesla Motors(TSLA)$  Currently, Tesla, Inc. (TSLA) is evaluated as a "Hold" candidate. The stock has recently rebounded, increasing 5.77% to a price of $355.94. Here are some key points to consider:

Support Level: The stock finds support at $338.74, which may be a good buying opportunity if tested.

Resistance Level: The next resistance is at $421.06, where selling pressure may increase.

Volatility: The stock has shown high volatility, moving around 4.62% on the last trading day.

Short-term Trend: The stock is showing mixed signals; while it has a buy signal from the short-term moving average, the long-term average indicates a sell signal.

The stock is expected to move between $335.89 and $375.99 in the upcoming trading day. Given the current technical indicators, it would be prudent to consider Tesla as a hold or accumulate position, awaiting further developments.

Always remember that trading involves risks. Take profit if you think you have made enough for the day. everyday is not the same anymore with Trump ass thinking and administration. 

Tesla Benefits From Tariff? Can it Break out $330?
Tesla rose 3% after Trump said he struck a deal to set 15% tariffs on goods from the European Union. After recent rebound, is it time to sell Tesla or hold for a breakout?
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

  • Irvinjy
    02-14
    Irvinjy
    I strongly agree with your last para. Once it hits your target margin,take it!
  • milkteasg
    02-14
    milkteasg
    Buy while it’s cheap [Miser]
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