$Tesla Motors(TSLA)$ Tesla stock has been bouncing off the moving average for weeks now. It bounced off the hundred day moving average as a rejection, 10 bounce of the 20 day moving average as support. Right now, it is near the 50 day moving average, can it hold as support? Today Tesla will be revealing the roadster. While I am very excited for the event, I don't think that it will move the stock much. The roadster is kind of a niche product, and will only add a small percentage to Tesla's revenue. Margins however, should be quite high. Given Elon's reputation, I don't think they will start the production of the roadster until at least end of 2028. What are your thoughts on Tesla's roadster event?
$Tesla Motors(TSLA)$ tsla is just bouncing off the moving averages. On September 30th it bounced off the 50 simple moving average as support. On 9th October it rejected off the 200 simple moving average. Today is the reveal of the Tesla Roadster. I'm very excited about it. How will the stock react to it is the question.
$Tesla Motors(TSLA)$ is having trouble getting above $385. The reveal of the roadster and earnings is coming soon. Could these be the catalyst for tsla to finally break the resistance?
$Tesla Motors(TSLA)$ Rejected at $385. I knew that level is very strong resistance, so I sold a covered call at $400 expiring this Friday to collect some premium. Hopefully tsla will find some support at current levels, the 50 simple moving average is just below. If there is a bounce I will sell another covered call. Do you think tsla can find support here or will it drop lower?
$Tesla Motors(TSLA)$ has been on a very nice uptrend since it's bottom at $298. It is however at a very strong resistance level, the 100 simple moving average. Above it is the 200 simple moving average at $$400. Will the reveal of the Roadster on October 1st be the catalyst that drives tsla stock above $400 or will it be another buy the rumour sell the news event?