Tesla over $300 and back above EMA200 - Trend Reversal 🚀

My Excitement Over Tesla's Surge Past $300

I am thrilled to see Tesla shares surge past $300, with a jump of more than 5% today. Morgan Stanley's report, which labels Tesla as the "perfect embodiment" of the ideal combination between artificial intelligence and manufacturing, only strengthens my bullish outlook. This kind of endorsement aligns perfectly with my belief in Tesla's transformation into a technology powerhouse, especially with projects like robotaxi and Optimus leading the way.

$Tesla Motors(TSLA)$  

$Direxion Daily TSLA Bull 1.5X Shares(TSLL)$  

Tesla

Why I Plan to Hold Tesla Longer

Given this momentum, I am more determined than ever to hold my Tesla shares for the long term. I have been collecting shares at lower prices, and this surge reinforces my confidence in Tesla's growth trajectory. I see no reason to take profits now, as I believe Tesla is poised for another massive rally, driven by its advancements in artificial intelligence and manufacturing. Overvaluation is not a concern for me at this stage—I am in for the long haul.

Can Tesla Sustain Its Position Above $300?

I am optimistic that Tesla can hold steady above the $300 mark. This level feels like a significant milestone, and I believe Tesla's strong fundamentals, coupled with its innovative projects, will help it maintain this position. I am confident that the company's focus on artificial intelligence and its upcoming robotaxi launch will continue to drive investor interest and support the stock price.

Tesla Robotaxi

Is Tesla Finally Out of the Woods?

I firmly believe Tesla is out of the woods now. While the company has faced challenges in the past, this surge and the positive analyst sentiment signal a turning point. Tesla's history of innovation, along with its potential in energy storage and Full Self-Driving, gives me every reason to remain bullish. I am excited to see how Tesla continues to evolve as a leader in both the electric vehicle and technology sectors.

Tesla Standing Back to Its EMA200: A Trend Reversal Sign, Uptrend Now!

I am particularly encouraged by the fact that Tesla is standing back to its 200-day Exponential Moving Average (EMA200), which I view as a clear sign of trend reversal and the start of a strong uptrend. This technical indicator has historically been a reliable signal for me, and seeing Tesla reclaim this level solidifies my conviction to hold and even consider adding to my position if the opportunity arises.

Tesla breakouts from its downtrend line and stands back above EMA200

My Long-Term Strategy for Tesla

As of today, I am committed to holding my Tesla shares for the foreseeable future. I will continue to monitor the company's progress, particularly with its robotaxi launch and other artificial intelligence initiatives, but I have no plans to sell anytime soon. My faith in Tesla's long-term potential remains unshaken, and I am ready to ride this wave of growth for as long as it lasts.

TSLL

@TigerStars  @TigerClub  @Tiger_SG  @Daily_Discussion  @Tiger_comments