Optionspuppy
11-18
I opened $Tesla Motors(TSLA)$  ,

Technical Analysis of Tesla (TSLA) and Entry at $346

Tesla (TSLA) has shown an explosive upward trend, currently trading at $347.88 (+8.47%), with a recent high at $358.64. The stock has decisively broken through key resistance levels, fueled by high trading volume of 52.55M, indicating strong market participation and bullish sentiment.

The Bollinger Bands highlight a significant breakout, with the upper band at $362.79, suggesting room for further gains but cautioning potential overbought conditions. Tesla’s price is well above the 50-day moving average (281.46) and 200-day moving average (200.13), confirming strong momentum and long-term bullish trends.

The ARBR (26) indicator reflects a highly favorable BR of 217.07 compared to AR at 108.23, showing persistent buying pressure, which supports the current rally.

With your entry at $346, you are positioned near a critical support level from recent intraday lows. If Tesla continues to hold above $346, it may attempt to retest the recent high at $358.64 and even extend toward the upper Bollinger Band. However, a dip below $340 could signal short-term profit-taking.

Consider monitoring volume and momentum closely, as Tesla may consolidate before its next move. Hold or add if bullish confirmation persists$Tesla Motors(TSLA)$  


@MillionaireTiger 

@Daily_Discussion 

@TigerStars 

@CaptainTiger 

TSLA
11-18 23:20
USTesla Motors
SidePriceRealized P&L
Buy
Open
346.30+2.08%
Holding
Tesla Motors
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Comments

  • dvbadada
    11-19
    dvbadada
    厉害,希望我们大家好运气🍀
  • bs6969
    11-19
    bs6969
    Up
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