$Tesla Motors(TSLA)$ 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?
$Tesla Motors(TSLA)$ is facing significant resistance, it couldn't Stay above $370. The 20 simple moving average is currently holding as support. Which way will it break?
$Tesla Motors(TSLA)$ big pump yesterday in anticipation of the cybercab event, but just like every other Tesla event it was buy the rumour sell the news. The event was ok but not much information was given like how much the cybercab will cost or when the rollout will be for other cities other than Austin? Elon did not attend the event which was surprising. Technically price was rejected by the 100 day moving average, the 200 sma at $400 will be strong resistance as well. Do you think tsla can break above $400??