I would suggest $TSLA investors to support today’s low (173.93)

I would suggest $Tesla Motors(TSLA)$ investors to support today’s low ($173.93) cause if we do go slightly lower we would be really testing investors patience

This Bulls Pennant truly needs to hold up if you want to see 183+ anytime soon but once again

If you see these levels being supported by $TSLA Bulls $173.93 - 175.06 - 175.60 - 176.47 - 177.30

this is a Signal to buy calls & we can expect a bounce towards 186.88/187.06 AT LEAST

Breaking below $174.93/$173.14 = Bearish & this is a signal to cut calls & buy puts

Cause I would be very impressed if we don’t breakdown towards $171.84 - 167.75

Image

Will You Buy Tesla/Nvidia Concept Stocks?

SoundHound AI surged over 15% after Q1 revenue surpassed market expectations of $10.097 million. Luminar jumped 19% on Wednesday as investors see Tesla as its key supporter during its latest earnings report. In addition, the ETF NVDL that tracks Nvidia performance also rises more than the stock. -------------------------- Rising more than Tesla and Nvidia, will you buy the stocks picked by two giants? Will you trade related ETFs?

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

Dr Rck
05-31
Dr Rck
Just curious, why would the share price go up if the environment is not conducive enough, housing sale is slumping, the Fed is still restrictive, and car sale is still not showing sign of improvements although there is a smaller jump in China from last month but overall it is still much subdued, dont you think so? But technically speaking maybe you are right that it should have jumped higher.
Dr Rck
05-31
Dr Rck
How long the support will last against the fundamentals? Something has got to give.
Michelle_Trades
06-01
Michelle_Trades
Great article, would you like to share it?

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we can expect a bounce towards 186.88/187.06 AT LEAST Breaking below $174.93/$173.14 = Bearish &amp; this is a signal to cut calls &amp; buy puts Cause I would be very impressed if we don’t breakdown towards $171.84 - 167.75<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/13a14f459135ede6b3c889b3bbe009a7\" tg-width=\"680\" tg-height=\"344\">Image</body></html>","htmlText":"<html><head></head><body>I would suggest <a data-mention-id=\"TSLA\" class=\"teditor-mention\" data-mention-name=\"Tesla Motors\" href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> investors to support today’s low ($173.93) cause if we do go slightly lower we would be really testing investors patience This Bulls Pennant truly needs to hold up if you want to see 183+ anytime soon but once again If you see these levels being supported by $TSLA Bulls $173.93 - 175.06 - 175.60 - 176.47 - 177.30 this is a Signal to buy calls &amp; we can expect a bounce towards 186.88/187.06 AT LEAST Breaking below $174.93/$173.14 = Bearish &amp; this is a signal to cut calls &amp; buy puts Cause I would be very impressed if we don’t breakdown towards $171.84 - 167.75<img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/13a14f459135ede6b3c889b3bbe009a7\" tg-width=\"680\" tg-height=\"344\">Image</body></html>","text":"I would suggest $Tesla Motors(TSLA)$ investors to support today’s low ($173.93) cause if we do go slightly lower we would be really testing investors patience This Bulls Pennant truly needs to hold up if you want to see 183+ anytime soon but once again If you see these levels being supported by $TSLA Bulls $173.93 - 175.06 - 175.60 - 176.47 - 177.30 this is a Signal to buy calls & we can expect a bounce towards 186.88/187.06 AT LEAST Breaking below $174.93/$173.14 = Bearish & this is a signal to cut calls & buy puts Cause I would be very impressed if we don’t breakdown towards $171.84 - 167.75 Image","highlighted":1,"essential":1,"paper":2,"likeSize":1138,"commentSize":3,"repostSize":77,"favoriteSize":0,"link":"https://ttm.financial/post/311516386009136","repostId":0,"isVote":1,"tweetType":1,"viewCount":3231,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["TSLA"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":true,"length":496,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":311543606341728,"commentId":"311543606341728","gmtCreate":1717086302118,"gmtModify":1717086631868,"authorId":3576157343730083,"author":{"id":3576157343730083,"idStr":"3576157343730083","authorId":3576157343730083,"name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":7,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":311516386009136,"objectIdStr":"311516386009136","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Just curious, why would the share price go up if the environment is not conducive enough, housing sale is slumping, the Fed is still restrictive, and car sale is still not showing sign of improvements although there is a smaller jump in China from last month but overall it is still much subdued, dont you think so? 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