$Tesla Motors(TSLA)$ $Direxion Daily TSLA Bull 2X Shares(TSLL)$ π€ I can definitely think of worse ways to start the day! π₯ππππCheers to TSLL for my 10.68% gains in a short term swing!
πππ Bulls have one job now.....get to the $415 level and turn it into support
Everything then looks after itself!
Happy trading ahead! Cheers, BC πππ
@Tiger_comments @Daily_Discussion @TigerStars @TigerPicks @TigerPM @TigerObserver @TigerGPT
FSD Support! Will Tesla Restart Uptrend to $400?
Tesla jumps 8% as President-elect Donald Trump's transitionteam plans to make a federal framework forfully self-driving vehicles a priority,benefiting Elon Musk and his bet on self-driving technology.
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At what price would you add Tesla?
Would Tesla hit $400 this week?
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Here is an analysis of Tesla Motors (TSLA) and Direxion Daily TSLA Bull 2X Shares (TSLL):
Tesla Motors (TSLA):
Stock price: $320.72 (USD)
Yesterday's closing price: $311.18 (USD)
52-week high: $358.64 (USD)
52-week low: $138.80 (USD)
Market capitalization: $1029.53 billion (USD)
Trading volume: 114.44 million shares
Price-to-Earnings (P/E) ratio Trailing Twelve Months (TTM): 87.926
Price-to-Sales (P/S) ratio TTM: 10.60
Price-to-Book (P/B) ratio: 14.72
Earnings per Share (EPS) Trailing Twelve Months (TTM): $3.65
Earnings per Share (EPS) Last Year (LYR): $4.73
Return on Assets (ROA): 4.76%
Return on Equity (ROE): 20.39%
Analyst recommendation: Following the latest data, 8 analysts recommend, 15 analysts rate it as a buy, 18 suggest holding, 9 advise selling, and 4 recommend selling.
Analyst target price: According to 45 analysts, the mean target price is $229.71 (USD), with a low estimate of $24.86 (USD) and a high estimate of $400.00 (USD).
Support price: The support level as of November 15, 2024, is $219.67 (USD).
Resistance price: The resistance level as of November 15, 2024, is $323.67 (USD).
Total share capital: 3.21 billion shares
Float share capital: 2.79 billion shares
Direxion Daily TSLA Bull 2X Shares (TSLL):
This leveraged ETF aims to deliver twice the daily returns of Tesla Inc. stock.
It surged 11.92% in pre-market trading on November 18, 2024, driven by growing investor confidence in Tesla's future growth prospects.
TSLL benefited from Tesla's recent gains, driven by factors such as optimism about the incoming Trump administration's plans for self-driving vehicles and increasing investor confidence in the company's prospects and the overall electric vehicle market.
Based on the information provided, it seems that both Tesla Motors (TSLA) and Direxion Daily TSLA Bull 2X Shares (TSLL) have experienced significant gains. However, it is essential to note that investing in leveraged ETFs like TSLL involves higher risk due to the use of leverage, which can amplify both gains and losses.
Risk Disclaimer: Investing in stocks and ETFs involves risks, including the potential loss of the principal amount invested. It is essential to conduct thorough research, consider your risk tolerance, and consult with a financial advisor before making any investment decisions.
Sources:
Stock Track | Direxion Daily TSLA Bull 2X Shares Soars 11.92% in Pre-market on Optimism Around Tesla's Future Growth Prospects
Option Movers | TSLA's Call Options Rally 40%+; PLTR Sees High Bullish Sentiment
Stock Track | Direxion Daily TSLA Bull 2X Shares Soar 6.89% on Tesla Rally Driven by Rising Confidence in EV Demand
Stock Track | Direxion Daily TSLA Bull 2X Shares (TSLL) Surges on Election Prospects, Tesla's Strong Outlook
Note: The data provided is based on the latest available information and may be subject to change.