To The Moon

Shares of Tesla Inc. were down around 5% in pre-market trading on Monday, November 12th, as investors appeared to take profits following the electric vehicle maker's recent post-election rally.Tesla's stock had surged nearly 40% since Donald Trump's reelection victory on November 5th, buoyed by optimism that the new administration's policies could benefit the company's autonomous driving and robotaxi initiatives. However, the euphoria appears to be waning amid concerns over Tesla's slowing grow

Eyeing a potential catalyst-driven rally in $Tesla Motors(TSLA)$ ahead of its highly anticipated Robotaxi launch on October 10. A successful unveiling could spark a surge in TSLA's stock price. Furthermore, I anticipate a positive ripple effect on the $Global X Autonomous & Electric Vehicles ETF(DRIV)$, given its significant exposure to TSLA and other EV/AV leaders. Key levels to watch: TSLA: $200-$220 resistance zone DRIV: $35-$40 potential breakout range Positioning for a long trade in TSLA and DRIV, with a stop-loss in place. Let's ride the autonomous revolution!

Tesla's price target sits at $316, aligning with the 1.618 Fibonacci retracement level, signaling potential upside momentum.The energy storage business grew 100% YoY in Q2 2024, with projections to ex