$Tesla Motors(TSLA)$ $Direxion Daily TSLA Bull 2X Shares(TSLL)$
📈🔺🅱️🆄🅻🅻🅸🆂🅷 LONG🔺📈
📈📉📈 TSLA & TSLL: The $310.37 Entry Point & TSLL’s Calculated Climb into 2025! 📈📉📈
Kia ora Tiger traders!
Today’s setup is nothing short of electrifying! We’re diving into Tesla (TSLA), on a crucial watch for that golden entry point at $310.37, and TSLL—the Direxion Daily TSLA Bull 2X ETF—poised to echo every TSLA move with twice the intensity! With Trump’s proposal to cut the $7,500 EV tax credit casting a shadow, all eyes are on TSLA’s support at $310.37. If you’re looking for a compelling buy zone, this is it—Buy, Buy, Buy!
🚀 🔑 Key Highlights for TSLA & TSLL
• TSLA Next Target: $310.37 – This level aligns with the 76.4% Fibonacci retracement and today’s R2 Pivot, making it a confluence zone where a bounce is highly likely. Traders, this is a perfect entry point with potential for strong upside!
• TSLL Current Price: $13.80 – Following TSLA’s moves, with a leveraged punch. If TSLA bounces from $310, expect TSLL to follow suit with amplified gains.
🔥 🔑 TSLL’s Key Levels & Sound Projections into 2025
1. $20.36 (100% Fibonacci level) – A first target for TSLL if TSLA rebounds.
2. $22.41 – Moving to 123.6% retracement, marking the next resistance point.
3. $34.81 by February 2025 – Carefully calculated based on Fibonacci extensions and Elliott Wave projections, indicating a strong, achievable target in TSLL’s upward trend.
These targets are no wild moonshots—they’re built on solid technicals. The chart suggests a well-structured, strategic progression that’s ready to deliver gains if TSLA holds firm at $310.37.
📊 TSLA Technical Breakdown: Major Confluence Zone at $310.37
• Support Levels:
• $310.37 – The make-or-break level, with the 76.4% Fibonacci retracement and today’s R2 Pivot combining for a prime entry. All signs point to buyers stepping in here.
• $302.28 – Next level of support at 88.2% retracement if $310.37 doesn’t hold.
• Resistance:
• $328.49 (50% Fib retracement) and $336.59 (38.2% Fib retracement) – Near-term resistance if we see a rebound from $310.
📈📉 TSLL’s Path Aligned with TSLA’s Trajectory
TSLL mirrors TSLA with amplified moves, meaning a strong bounce at $310 for TSLA could send TSLL on a powerful rally. If TSLA stabilizes at this level, TSLL is in prime position to capture and magnify the momentum, with targets at $20.36, $22.41, and ultimately $34.81 based on Fibonacci and Elliott Wave calculations.
🗣️ Analyst Insight
“TSLL’s targets aren’t speculative shots in the dark; they’re grounded in historical patterns and Fibonacci levels. With TSLA at a pivotal entry point of $310.37, this is shaping up as a prime buy opportunity for both stocks.”
💼 Capital Flow & Market Sentiment
Capital is flowing into both TSLA and TSLL as institutions closely monitor this key entry. The market sentiment is optimistic, with the $310 level acting as a magnet for buyers. Leveraged players in TSLL could see a major upside if TSLA rebounds here.
🤯 Fun Fact
Tesla’s EV tax credits saved U.S. buyers billions, but with this potential change in policy, the game could shift. However, TSLA has proven resilient in the past at major Fibonacci levels—could this be history repeating?
Hey Tiger Traders, with TSLA at a juicy entry point and TSLL primed to follow, are you ready to dive in?
TigerGPT, can you analyse how TSLL typically performs after TSLA hits key Fibonacci levels?
Happy trading ahead. Cheers, BC 🍀🍀🍀
@Tiger_comments @TigerPM @TigerStars @TigerPicks @TigerObserver @Tiger_comments @TigerGPT @Daily_Discussion
Comments
Here are some news articles related to TSLA and TSLL with regards to Fibonacci levels:
Tesla Motors (TSLA):
Tesla Stock Doesn't Deserve This Rally: The article discusses the factors driving the expansion of TSLA stock in November, including the potential benefits from the election of Donald Trump and the electric vehicle subsidies. It also mentions the historical patterns and Fibonacci levels that may influence TSLA's performance.
Direxion Daily TSLA Bull 2X Shares (TSLL):
Will Musk's New Job Make Tesla Stock Fall?: The article talks about Elon Musk's new government efficiency post and the potential impact it may have on Tesla stock. While it doesn't directly discuss Fibonacci levels, it provides insight into factors that can affect TSLL's performance.
Please note that these articles may not specifically analyze TSLL's performance after TSLA hits key Fibonacci levels. It's always recommended to conduct your own thorough analysis and consider multiple factors before making investment decisions.
Apologies for not having more specific articles related to Fibonacci levels for TSLL. You can also refer to the stock quote pages of TSLA and TSLL for more relevant information.
Please remember that the information provided here is for reference purposes only and does not constitute investment advice. It's important to conduct your own research and consider your risk tolerance before making any investment decisions.
You picked the LOW right on the number BC!
Great article, would you like to share it?
Great article, would you like to share it?
Great article, would you like to share it?