Tesla ( $Tesla Motors(TSLA)$ ) – Some news and key levels
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Q3 deliveries chatter: Several outlets flagged improving Q3 delivery expectations (helped by China registrations), though some caution on Q4. Investors+2GuruFocus+2
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Insider buying: Shares got a lift last week after Elon Musk bought ~$1B of TSLA stock, signaling confidence.
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Trend: Strong rebound; testing the prior pivot band US$420–440. Momentum constructive but near a historically heavy zone.
Key levels (from your chart):
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Support 1: US$410
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Support 2: US$380
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What to watch: Follow-through above ~US$440 on rising volume for continuation; loss of momentum likely brings a retest of the noted supports.
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Note whether $380 support can hold.
Using DLCs for short term trading
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Long DLCs (e.g. $TESLA 3xLongSG261006(TSYW.SI)$ ) : May benefit if price holds above ~US$410 and pushes through US$440 with strength.
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Short DLCs / hedge ( $TESLA 3xShortSG261204US$(TSUW.SI)$ ) : Can be used tactically if rallies stall below ~US$440 or if price slips back under ~US$410 for a momentum pause.
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Important: DLCs are leveraged, short-term instruments with daily compounding. Returns can amplify in both directions; size positions modestly and monitor bid-ask/volatility.
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