subbu
07-05

$Tesla Motors(TSLA)$  Obviously I'd be delighted to see Tesla race on to $300 soonest. I was expecting it to touch 250 by mud July but lo, already the current market price is $246.39. With its 200-day moving average at $206, it is suggesting a long-term bullish momentum. I think the price is not at the support price zone, suggesting cautiousness around buying timing. 

As an analyst recently wrote,  current price zone accounts for about 21% of trading activity (volume) over the last year, suggesting possibility of increased trading activity in this zone going ahead. 

Therefore I'd be treading cautiously in this counter. Stay invested and look at further investment strictly based on research. 

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

  • PhDong
    07-06
    PhDong

    Bài viết hay, bạn có muốn chia sẻ không?

    • subbu
      Yes please, feel free to share.
  • Dino99
    07-06
    Dino99
    No more EV for me
  • Ac85
    07-06
    Ac85

    Keep it up

  • VivianChua
    07-05
    VivianChua
    Nice 💚 💚 💚
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