🎁What the Tigers Say | Take Profits on Tesla? Buy the Dip on Nvidia?

Tesla surged nearly 40% this month, hitting an all-time high of $483. With analysts debating its next move, is $500 or even $1,000 a realistic target for 2024? Could this mark the beginning of a new era for Tesla?

Meanwhile, Nvidia dipped below $130 before rebounding in premarket trading. Some investors see this as a prime opportunity to go long on Nvidia while shorting Tesla. What’s your take? Is it time to buy the dip on Nvidia or ride Tesla’s momentum?

🎁Special Notes: Whoever showed up on the” What the Tigers Say” column will receive 100 Tiger Coins and an exclusive interview invitation to honor your contribution.

Click titles to read the full analysis:

1. @KKLEE: $NVIDIA(NVDA)$

Key Points:

Why $130 Matters?

The $130 level marks a significant psychological and technical support point:

Historical Resilience: In past pullbacks, Nvidia has rebounded sharply from similar price points, aligning with key moving averages.

Value Proposition: At $130, Nvidia’s P/E ratios would improve, making it relatively attractive compared to peers and its own historical multiples.

Investor Sentiment: If broader AI-driven enthusiasm persists, bottom-fishing at $130 could prove rewarding for long-term investors.

Fundamentals Still Shine

Even at $130 or lower, Nvidia’s fundamentals remain stellar:

AI Leadership: Dominating data center GPUs and AI chips (H100 and A100) as demand explodes.

Revenue Growth: Fiscal Q3 results showcased a 200%+ YoY jump in data center revenues.

R&D Focus: Nvidia’s commitment to innovation (Blackwell GPU architecture) ensures future growth.

Chart Note: Nvidia's revenue trajectory since the AI boom can be represented as exponential, supported by its data center and gaming businesses.

2. @cP: $NVIDIA(NVDA)$

Key Points:

Short term bearish. Pre market trading below 130. If it closes below 130 today or nx few days, 115 is possible. Can look to buy at this level or sell a cash put at 115 with expiry between 2 to 4 weeks.

Tesla is too hot now and trump effect has been priced in. I will stay sideline for Tesla. Nvidia is sure a potential play. Watching.

3. @Guavaxf30: $NVIDIA(NVDA)$

Key Points:

Bottom dip? Already started. This is a no-brainer. The corrent price down is a golden opportunity arising from rotational play. Money going into Crypto and Tesla and Qualcom will soon be coming back.

4. @Buyhighselllow: $NVIDIA(NVDA)$

Key Points:

Further room towards the downside. We might see a continued dive towards 123-125 area of support.

5. @Little tiger: $NVIDIA(NVDA)$

Key Points:

The intrinsic value is about $130. I would wait until it drop to $110 or $100 and buy.

6. @Barcode: $Tesla Motors(TSLA)$

Key Points:

🔍 Current Setup:

• Wedge Formation 📐: TSLA is consolidating within a wedge pattern, potentially pausing before its next breakout move. It's trying to push out now!

• Equal Base to Space: Technicals measure a move to $500, aligning with recent bullish sentiment.

📊 Key Levels:

• Recent high: $483.99 📈

• Wedge breakout target: $500+ 🎯

Analyst Buzz 🗣️:

Average analyst target update 🐢 ... so many price raises coming in 2025 (will they wait for Q1 earnings to do it?). The average Analyst target barely moved after the election. They will be scrambling to catch up to price at some point in the future.

• Dan Ives of Wedbush ⚡: Raised his target to $515, citing strong AI and autonomous driving catalysts ahead.

• Vijay Rakesh of Mizuho 🌟: Upgraded Tesla to “Outperform” with a $515 target, highlighting the upcoming Model Q and regulatory tailwinds.

🔥 Catalysts Driving Momentum:

1️⃣ Model Q Rumours:

An affordable EV could ignite demand and dominate new markets.

2️⃣ Autonomous Driving:

Potential easing of regulations may supercharge Tesla’s AI-powered FSD rollout.

3️⃣ AI Leadership:

Tesla’s innovations in energy, robotics, and AI continue to build investor confidence.

🚧 Short-Term Risk:

TSLA may remain within the wedge briefly, but historical patterns show a strong chance of a breakout & it's trying to push now. It will push if $SPY gets going.

Fun Fact 🤓:

Did you know Tesla delivered over 1.8 million vehicles in 2023, up from just 23,000 in 2013? That’s a 77x increase in 10 years, talk about growth!

📈 What my Chart says:

TSLA’s wedge aligns perfectly with its next parabolic move. A breakout past $484 could easily set the course to $500 and beyond.

⚠️ Not Without Risks: Consolidation along the way could slow the ascent, but TSLA’s structure remains strong.

7. @Shyon : $Tesla Motors(TSLA)$

Key Points:

Yes, I still hold $Tesla Motors(TSLA)$ $Direxion Daily TSLA Bull 1.5X Shares(TSLL)$ and my faith in the company remains strong. The stock’s recent surge, fueled by positive developments like Musk's successful compensation plan, the launch of new models, and advancements in AI and autonomous driving, reaffirms my bullish stance. Tesla’s ongoing innovations in areas like humanoid robots, robotaxi services, and its AI supercomputing system point to a bright future. Additionally, the market’s optimism regarding the potential impact of continued interest rate cuts and the favorable macroeconomic environment under Trump’s administration adds to my confidence in the stock. With the company’s strategic focus on affordable models and growing global market presence, I expect Tesla's stock to continue its upward trajectory. I believe holding Tesla is still a strong investment decision.

7. @Pinkspider : $Tesla Motors(TSLA)$

TSLA: Mizuho Upgrades Tesla to Outperform from Neutral - PT $515 (from $230)

Analyst upgrades TSLA to Outperform, citing:

🔸 Easier AD regulations for more FSD/Robotaxi value.

🔸 New Trump policies favoring TSLA's cost structure.

🔸 Growth potential with profitable EVs like Model Q/Cybercab.

🔸 Valuation at ~$1.8T includes:

Core business at $711B.

🔸 FSD & Robotaxi at $614B, potential to $896B.

🔸 Humanoid robots at $472B, could reach $740B.

Questions for you:

What’s your take?

Is it time to buy the dip on Nvidia or ride Tesla’s momentum?

🎁Prizes

🐯 All valid comments on the following post will receive 5 Tiger Coins.

We strongly recommend selecting the "Also repost" button when posting a comment to receive more rewards.

⏰Duration

• 25 Dec (24pm EDT)