Tesla Stock Analysis 9/12/2024

Will Tesla Break $400? Let’s Talk Lah.

Eh, let’s kaypoh a bit and look at Tesla stock, can? This one hot topic now, so we do some analysis lah.

If you look at the stock charts, wah, you see Tesla moving above the MA50 and MA200—like the stock is upgrading its BTO flat to a condo. This is a bullish sign. Twice already, the stock chiong with strong momentum—those blue boxes in the chart? That’s your "buy, buy, buy!" signal. After that, we can draw the trend line upwards, like climbing Mount Faber. If the stock breaks below the line ah, that’s bearish—means it might take the slide all the way down to the kopitiam.

Now, the options market. At $400, got huge resistance, So we might see Tesla stock yoyo there a bit unless EM come out and say something very bullish and send the stock flying above $400 or maybe Trump who knows? But the resisitance line—basically, people will see the price hit $400 and say, "Eh, time to sell and buy kopi." Support below? A bit shaky lah, but maybe can find some at $350.

And the news ah, analysts are bullish about Tesla now. They’re like, "Wah, Tesla confirm can grow in 2025+ lah! EV, robotaxis, and even this Optimus robot thingy—it’s like upgrading from MRT to a flying car." Sounds like Tesla is aiming for PSLE T-score 300, but can or not?

So, what do you think? Can Tesla cross $400 and stay there like a steady la kopi uncle? Or will it yo-yo up and down like COE prices? Share your take below lah, don’t shy!