Tesla looks primed for a rebound, trader says. Two ways to play the pullback

CNBC2021-06-04

Tesla is under pressure again this week, but TradingAnalysis.com founder Todd Gordon says that spells opportunity for savvy investors to build out a position. Speaking with CNBC’s “Trading Nation” on ...

Source Link

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

AceITAlways
2021-06-05
AceITAlways
As expected analyst don't really have a clue what and where Tesla is headed! Dyor!
KamenR
2021-06-04
KamenR
Competition in the EV market the next few years will be crazy!
- MOON88:
  Truly agree
Kt18
2021-06-04
Kt18
Agreed
Cfgramos
2021-06-04
Cfgramos
Oh dear
- Shirron:
  [傲娇]
RuyiOng
2021-06-04
RuyiOng
Pls comment thanks
手可摘棉花
2021-06-04
手可摘棉花
Tesla looks like it’s losing its lustre $Tesla Motors(TSLA)$

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1154284076?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2021-06-04 20:44","share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","id":"1154284076","market":"us","top_or_hot":-1,"title":"Tesla looks primed for a rebound, trader says. Two ways to play the pullback","media":"CNBC","content":"<div>\n<p>Tesla is under pressure again this week, but TradingAnalysis.com founder Todd Gordon says that spells opportunity for savvy investors to build out a position.\nSpeaking with CNBC’s “Trading Nation” on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/tesla-stock-looks-primed-for-a-rebound-after-pullback-trader-says.html\">Source Link</a>\n\n</div>\n","source":"cnbc_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla looks primed for a rebound, trader says. Two ways to play the pullback</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla looks primed for a rebound, trader says. Two ways to play the pullback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 20:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/04/tesla-stock-looks-primed-for-a-rebound-after-pullback-trader-says.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla is under pressure again this week, but TradingAnalysis.com founder Todd Gordon says that spells opportunity for savvy investors to build out a position.\nSpeaking with CNBC’s “Trading Nation” on ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/04/tesla-stock-looks-primed-for-a-rebound-after-pullback-trader-says.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://www.cnbc.com/2021/06/04/tesla-stock-looks-primed-for-a-rebound-after-pullback-trader-says.html","article_id":"1154284076","we_media_id":null,"thumbnails":[],"rights":{"source":"cnbc_highlight","url":"https://www.cnbc.com/2021/06/04/tesla-stock-looks-primed-for-a-rebound-after-pullback-trader-says.html","rn_cache_url":null,"customStyle":"body{padding-top:10px;}.ArticleHeader-headline{#titleStyle#}a{#lv2TextColor#}.ArticleHeader-time, .Author-authorNameAndSocial a{#sourceStyle#;}","selectors":".PageBuilder-pageWrapper","filters":".ArticleHeader-eyebrow, .RelatedTags-relatedTags","directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=1154284076","pubTimestamp":1622810640,"columns":[],"sourceInfo":{"source_id":"cnbc_highlight","name":"CNBC"},"weMediaInfo":null,"summary":"Speaking with CNBC’s “Trading Nation” on Thursday, he said the long-term prospects for Tesla look strong and he predicted that CEO Elon Musk’s electric vehicle maker will marry with his space exploration company SpaceX to give it a cutting-edge advantage in the space.“Tesla, with its efforts in space with SpaceX, with Starlink, they just launched another mission, ultimately I think the game will be won when global internet connectivity from the sky links all the Tesla’s fleet whether it’s taxis ","collect":0,"end_time":0,"defaultTopTitle":"cnbc.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"交易员表示，特斯拉似乎已经做好了反弹的准备。拉回的两种玩法","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Tesla is under pressure again this week, but TradingAnalysis.com founder Todd Gordon says that spells opportunity for savvy investors to build out a position.\nSpeaking with CNBC’s “Trading Nation” on Thursday, he said the long-term prospects for Tesla look strong and he predicted that CEO Elon Musk’s electric vehicle maker will marry with his space exploration company SpaceX to give it a cutting-edge advantage in the space.\n“Tesla, with its efforts in space with SpaceX, with Starlink, they just launched another mission, ultimately I think the game will be won when global internet connectivity from the sky links all the Tesla’s fleet whether it’s taxis or individual passenger cars, so I think Tesla is going to control it,” he said.\nOn a shorter-term basis, Gordon said its technical setup points to upside.\n“I think we might have … a little bit more consolidation through the summer before we ultimately move higher. I think, however though, that the lows are in place with Tesla and I think the reward is very large compared to the risk,” said Gordon.\nThat bullish outlook changes if Tesla breaks below $545 a share, but Gordon does not expect that. It closed Thursday at 572.84.\nGordon sees two ways to play its pullback. The first, he said, is to buy the stock outright and add a stop order at $550.\nThe second is to look to the options market. He targets a retest of its $700 region heading into earnings expected late July or early August.\n“A trade you can do is do a call spread, buying the 650 strike call in those July [16] monthly expirations, selling a 700 call, a $50 spread for which you will pay $11.20,” said Gordon. “I have $1,100 roughly of risk to make 3800. Really good reward-to-risk ratio.”\nTesla shares are down nearly 20% in 2021. It has pulled back 36% from its late January peak.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":112195150,"gmtCreate":1622854621370,"gmtModify":1704192419859,"author":{"id":"3572385541809895","authorId":"3572385541809895","name":"AceITAlways","avatar":"https://static.tigerbbs.com/0f25697c34823e646de3547094f96449","vip":1,"crmLevel":7,"crmLevelSwitch":1,"idStr":"3572385541809895","authorIdStr":"3572385541809895"},"htmlText":"As expected analyst don't really have a clue what and where Tesla is headed! Dyor!","listText":"As expected analyst don't really have a clue what and where Tesla is headed! Dyor!","text":"As expected analyst don't really have a clue what and where Tesla is headed! Dyor!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/112195150","repostId":1154284076,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116486269,"gmtCreate":1622815559051,"gmtModify":1704191776267,"author":{"id":"3583799729432788","authorId":"3583799729432788","name":"KamenR","avatar":"https://static.tigerbbs.com/db3db81fd6b762e83625b40b8566dec3","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3583799729432788","authorIdStr":"3583799729432788"},"htmlText":"Competition in the EV market&nbsp;the next few years will be crazy!","listText":"Competition in the EV market&nbsp;the next few years will be crazy!","text":"Competition in the EV market the next few years will be crazy!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116486269","repostId":1154284076,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4586284,"gmtCreate":1622854037783,"gmtModify":1663227982436,"authorId":3575859659136593,"author":{"id":3575859659136593,"idStr":"3575859659136593","authorId":3575859659136593,"name":"MOON88","avatar":"https://static.tigerbbs.com/f09b0d1b368ce9762e9af5a440d99d98","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":116486269,"type":1,"supId":0,"prevId":0,"content":"Truly agree","text":"Truly agree","html":"Truly agree"}],"langContent":"EN"},{"id":116433575,"gmtCreate":1622814767597,"gmtModify":1704191744340,"author":{"id":"3577585651785890","authorId":"3577585651785890","name":"Kt18","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3577585651785890","authorIdStr":"3577585651785890"},"htmlText":"Agreed","listText":"Agreed","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116433575","repostId":1154284076,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116526473,"gmtCreate":1622813076892,"gmtModify":1704191663492,"author":{"id":"3577318628836449","authorId":"3577318628836449","name":"Cfgramos","avatar":"https://static.tigerbbs.com/8e4f5dee285970cb0d50c61a4302a33f","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3577318628836449","authorIdStr":"3577318628836449"},"htmlText":"Oh dear","listText":"Oh dear","text":"Oh dear","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/116526473","repostId":1154284076,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4580822,"gmtCreate":1622815308010,"gmtModify":1663227961748,"authorId":3580341549267327,"author":{"id":3580341549267327,"idStr":"3580341549267327","authorId":3580341549267327,"name":"Shirron","avatar":"https://static.tigerbbs.com/df7d4c61495981213747b5b050907306","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":116526473,"type":1,"supId":0,"prevId":0,"content":"[傲娇]","text":"[傲娇]","html":"[傲娇]"}],"langContent":"EN"},{"id":116521865,"gmtCreate":1622812968057,"gmtModify":1704191660555,"author":{"id":"3581843901915824","authorId":"3581843901915824","name":"RuyiOng","avatar":"https://static.tigerbbs.com/0f0f607e2db1a857ce6e533079ad3d78","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581843901915824","authorIdStr":"3581843901915824"},"htmlText":"Pls comment thanks","listText":"Pls comment thanks","text":"Pls comment thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116521865","repostId":1154284076,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":116564530,"gmtCreate":1622812763120,"gmtModify":1704191653517,"author":{"id":"3579342217954724","authorId":"3579342217954724","name":"手可摘棉花","avatar":"https://static.tigerbbs.com/eb5d81ca4420febc27175fcd21eb90b2","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3579342217954724","authorIdStr":"3579342217954724"},"htmlText":"Tesla looks like it’s losing its lustre <a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>","listText":"Tesla looks like it’s losing its lustre <a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>","text":"Tesla looks like it’s losing its lustre $Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/116564530","repostId":1154284076,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":19,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1154284076"}