TSLA inverse Head and Shoulder still in play; But hinges on CPI not being too hot!
- Coming week CPI market expectation is a high of 0.6! If the figures do not come in lower than 0.6, we might be in for a rude awakening.
- MA20 still at 240 support
- MA50 and MA5 remains resistance
- Likely to stay within range between 240 and 260 until CPI clarity
- A hot CPI will likely see 220 down to 209 and then 190
My watch/play
- Sold puts (look to close higher strikes in any run early week)
- Will sell lower strike puts to capture the pre-CPI volatility
Good luck, all!
@macroB @CaptainTiger @Deposit @melson @LMSunshine @TigerStars
$Tesla Motors(TSLA)$
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
Although Tesla was able to recover from the recent interim lows, the bears still dominate the market.
At the current rate of price drops, Tesla will be losing money on every car sold soon enough.
特斯拉将在一年内达到500，这是一个长期的持有。不要相信，然后卖掉，继续前进。