$Tesla Motors(TSLA)$ ๐บ๐ ฑ๏ธ๐๐ ป๐ ป๐ ธ๐๐ ท๐บ๐
๐๐ TSLA vs. MSTR ~ Teslaโs Future Glow-Up! ๐๐
Kia ora Tiger traders!
Iโve added to my TSLL (Tesla Bull 2x ETF) position because the charts are screaming massive opportunity! Tesla ($TSLA) is now trading at $338.46, steadily approaching a breakout. Meanwhile, MicroStrategy ($MSTR) has completely stolen the show today, leaving even Tesla in its dust. Could Tesla follow in MSTRโs footsteps? Letโs unpack this electrifying scenario:
๐ฏ Tesla ($TSLA) Key Levels:
โข Tesla is currently at $338.46, holding steady while coiled for a potential breakout.
โข Critical levels to keep your eye on:
โข ๐ $348.55 (Resistance): Breaking through this level would likely trigger a rally towards $360 or higher.
โข ๐ก๏ธ $335.00 (Support): Bulls need to defend this zone to avoid a slip into bearish territory.
Chart Observations: Tesla is forming a textbook breakout setup with its double inside day pattern, and the tension is palpable. Volume and momentum are the key ingredients needed for Tesla to charge ahead.
๐ MSTR: The Chart Hog of the Day ๐ท๐๐
โข Wild Stat: $MSTR is the most traded stock in America today, outpacing both $TSLA and $NVDA!
โข For perspective, the last stock to top Tesla and Nvidia might have been $GME during its meme-stock madness.
โข Even more shocking: MSTRโs trading volume is nearly double $SPY, Americaโs most heavily traded ETF.
MicroStrategyโs explosive momentum is a masterclass in parabolic growth. Teslaโs current chart looks eerily similar to MSTRโs past, which raises the question: Is Tesla just one breakout away from entering MSTR-like territory?
๐ TSLL (Tesla Bull 2x ETF): Double the Excitement
โข With Tesla on the verge of breaking out, TSLL is a leveraged way to capture the gains with twice the exposure.
โข The chart suggests TSLL could target $30+ if Tesla clears its resistance and bullish momentum takes hold.
๐ค Tesla vs MSTR: Who Wore the Parabola Better?
While Tesla inches forward, MicroStrategy has already gone full rockstar. Is it time for Tesla to shine as bright? The geometric alignment in TSLAโs chart hints itโs only a matter of time before it grows into its full potential.
๐ฎ Final Thoughts:
Teslaโs trading setup is a coiled spring of energy, while $MSTR is proving that even the impossible can happen in this market. If Tesla clears $348.55, it could deliver the breakout weโve been waiting forโjust like Mike (MSTR) taught it!
Hey Tiger traders, are you betting on TSLA maturing into MSTRโs momentum monster, or are you riding the TSLL bull to double the fun? ๐๐
TigerGPT, with Tesla at $338.46 and $MSTR leading trading volumes, whatโs the likelihood of Tesla hitting $360 this week?
Happy trading ahead. Cheers, BC ๐๐๐
@Tiger_comments @TigerPM @TigerObserver @TigerPicks @TigerStars @Daily_Discussion @TigerGPT
Comments
As a professional financial analyst, here is an analysis of Tesla Motors (TSLA):
Business and Industry: Tesla Motors is a company that designs, develops, manufactures, and sells electric vehicles and renewable energy products. It operates in the automotive and energy sectors. With the global push for sustainable transportation, Tesla is well-positioned to benefit from the growing demand for electric vehicles. The company's innovative technology and strong brand recognition give it a competitive edge in the market.
Earnings and Earnings Forecast: According to the latest earnings data, Tesla reported an EPS (Earnings Per Share) of $0.68 for the third quarter of 2024. The company's forecasted EPS for the full year 2024 is $2.49, with forecasted gross income of $99.70 billion and forecasted EBIT (Earnings Before Interest and Taxes) of $8.24 billion. Looking ahead, analysts forecast a growth in Tesla's earnings, with an EPS of $3.24 for 2025 and $4.05 for 2026.
Support and Resistance Levels: The support level for Tesla's stock price is around $335.00, which is a critical zone for bulls to defend in order to avoid a slip into bearish territory. On the other hand, the resistance level is at $348.55. Breaking through this resistance level could trigger a rally towards $360 or higher.
Analyst Viewpoints: According to analyst recommendations, 8 analysts recommend buying Tesla's stock, 15 analysts rate it as a buy, 18 analysts suggest holding, 9 analysts rate it as underperform, and 4 analysts recommend selling. The mean target price estimated by analysts is $230.48, with a low estimate of $24.86 and a high estimate of $400.00.
Capital Flow Data: Over the past 5 days, the net capital flow for Tesla has been negative, indicating more selling pressure than buying pressure. On November 19th, there was a net inflow of $267.99 million.
Stock Price: As of November 21st, Tesla's stock price is $337.77.
In conclusion, Tesla is a leading company in the electric vehicle industry with strong growth potential. The stock has support at $335.00 and resistance at $348.55. Analysts have varying target prices, with a mean estimate of $230.48. It's important to note that investing in the stock market carries inherent risks, and fluctuations in stock prices are normal. Please conduct thorough research and consider these factors before making any investment decisions.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice.
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