$Tesla Motors(TSLA)$ We had a -To The Moon - Tiger Brokers Online Investing Community - To The Moon

$Tesla Motors(TSLA)$

We had a positive green candle that is sparking optimism for investors and trader of Tesla stock. Could this be the run to 300? We just had a positive run in the markets prior and the optimism breeds hope. What are the risks of a rug pull though?

CPI results will be released tomorrow prior to market open. So it is normal for the stock to remain choppy and Tesla is no different, increasing within the day from a low of about $211 to a high of around$225. The stock remained range bound between $222.5 to $224 for most parts, with bulls failing to push Tesla beyond $225 which seems to be acting as resistance.

The CPI results which analysts predicts to be higher than the Feds would prefer casts a shadow of doubt if the this push is a genuine rally, and not a setup for a sharp decline. I would urge caution in entering into long positions for now unless your strategy encompasses a willingness to allow a longer time horizon for the Tesla to rebound and weather any short term shifts arising from the volatility arising from major market moving news, which CPI tends to be.

The possibility of a rug pull is an ominous one, and I'd expect profit taking to happen prior to the CPI announcement.

There is room for bulls to enter after $225/230 resistance is broken, so a wait and see approach maybe the safer bet here.

#CPI

Will CPI drop as expected and Fed pause again?

Trading Economics expect October CPI to be 3.3%, lower than the previous data of 3.7%; the estimates of core CPI is 4%, slightly lower than the previous data of 4%. The decline of oil prices in October will help drive the CPI down. The market expects another pause in December after Fed skips rate hike in November. --------------------- Will CPI drop as expected and lead to another pause? Or will Fed increase 25bps in December?

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Could this be the run to 300? We just had a positive run in the markets prior and the optimism breeds hope. What are the risks of a rug pull though?</p>\n<p>CPI results will be released tomorrow prior to market open. So it is normal for the stock to remain choppy and Tesla is no different, increasing within the day from a low of about $211 to a high of around$225. The stock remained range bound between $222.5 to $224 for most parts, with bulls failing to push Tesla beyond $225 which seems to be acting as resistance.</p>\n<p>The CPI results which analysts predicts to be higher than the Feds would prefer casts a shadow of doubt if the this push is a genuine rally, and not a setup for a sharp decline. I would urge caution in entering into long positions for now unless your strategy encompasses a willingness to allow a longer time horizon for the Tesla to rebound&nbsp; and weather any short term shifts arising from the volatility arising from major market moving news, which CPI tends to be.</p>\n<p>The possibility of a rug pull is an ominous one, and I'd&nbsp;expect profit taking to happen prior to the CPI announcement.</p>\n<p>There is room for bulls to enter after $225/230 resistance is broken, so a wait and see approach maybe the safer bet here.</p>\n<p><br></p>\n<p>#CPI</p></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$&nbsp;</a><v-v data-views=\"0\"></v-v></p>\n<p>We had a positive green candle that is sparking optimism for investors and trader of Tesla stock. Could this be the run to 300? We just had a positive run in the markets prior and the optimism breeds hope. What are the risks of a rug pull though?</p>\n<p>CPI results will be released tomorrow prior to market open. So it is normal for the stock to remain choppy and Tesla is no different, increasing within the day from a low of about $211 to a high of around$225. The stock remained range bound between $222.5 to $224 for most parts, with bulls failing to push Tesla beyond $225 which seems to be acting as resistance.</p>\n<p>The CPI results which analysts predicts to be higher than the Feds would prefer casts a shadow of doubt if the this push is a genuine rally, and not a setup for a sharp decline. I would urge caution in entering into long positions for now unless your strategy encompasses a willingness to allow a longer time horizon for the Tesla to rebound&nbsp; and weather any short term shifts arising from the volatility arising from major market moving news, which CPI tends to be.</p>\n<p>The possibility of a rug pull is an ominous one, and I'd&nbsp;expect profit taking to happen prior to the CPI announcement.</p>\n<p>There is room for bulls to enter after $225/230 resistance is broken, so a wait and see approach maybe the safer bet here.</p>\n<p><br></p>\n<p>#CPI</p></body></html>","text":"$Tesla Motors(TSLA)$ We had a positive green candle that is sparking optimism for investors and trader of Tesla stock. Could this be the run to 300? We just had a positive run in the markets prior and the optimism breeds hope. What are the risks of a rug pull though? CPI results will be released tomorrow prior to market open. So it is normal for the stock to remain choppy and Tesla is no different, increasing within the day from a low of about $211 to a high of around$225. The stock remained range bound between $222.5 to $224 for most parts, with bulls failing to push Tesla beyond $225 which seems to be acting as resistance. The CPI results which analysts predicts to be higher than the Feds would prefer casts a shadow of doubt if the this push is a genuine rally, and not a setup for a sharp decline. I would urge caution in entering into long positions for now unless your strategy encompasses a willingness to allow a longer time horizon for the Tesla to rebound and weather any short term shifts arising from the volatility arising from major market moving news, which CPI tends to be. The possibility of a rug pull is an ominous one, and I'd expect profit taking to happen prior to the CPI announcement. 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