🎁What the Tigers Say | After 6% Jump, Tesla Heads to $200 or Pullback?
After 6% Jump, Tesla Heads to $200 or Pullback?
$Tesla Motors(TSLA)$ jumps 6% after it claims to be able to deliver Semi truck to customers by 2026. Tesla stated that it is building a factory in Nevada, with a final target production capacity of 50,000 vehicles per year.
How long will Tesla's rebound last? What's your target price for Tesla? Will Tesla hit $200 this time?
Below are some insights from Tigers @nerdbull1669,@mster ,@Barcode and @Emotional Investor Which opinions do you agree with?
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1. @nerdbull1669 : So this help me to determine that the next price target move could be $210.
Key Points:
Tesla Trading Above Its 50-day Period.
Tesla MACD Crossover Forming Observed
Tesla KDJ Has Shown Consistent Upside Move.
Tesla Supertrend and Probabilities.
2. @mster : I remain bullish on Tesla stock, anticipating a climb towards $220, despite potential obstacles.
Key Points:
Tesla's stock rebounded 38% from a recent low of $140 despite missing earnings estimates, buoyed by progress in Full Self-Driving (FSD) technology and Elon Musk's engagement with Chinese authorities.
The stock peaked at $198 but has since fluctuated around the 50-day EMA, between $169 and $180. A brief close above the 50-day EMA could signal a bullish trend, potentially targeting $221-$224, though the 200-day EMA near $200 may pose a challenge.
Looking to sell Cash Secured Put at $155 3 weeks out when market opens to earn premiums, sighting $160 may be a rather strong support for the price to stay above.
3. @Barcode : I bet you Tesla hits $194.39, cruising high, looking fine, then takes a dive to $165.25, but don't you mind, just play it right.
4. @Emotional Investor : Well it's probably going to keep going up short term. Long term, if the promises continue to not be delivered on, eventually the people with too much skin in the game will be the first to jump into the lifeboats, and everyone Else will go down in the sinking starship.
Key Points:
1. Elon wants his $49 billion salary deal approved, would he do anything to manipulate the share price prior to the shareholders vote to have it approved? Heck i would
2. EVs are NOT actually that environmentally friendly, the environmental footprint to manufacture them sucks. Combine this with them being charged by electricity made from diesel generators or coal or gas generators, i mean seriously
3. The cyber truck, an off road vehicle that has no spare tyre, an accelerator pedal that sticks, panels that rust, don't line up, and have sharp corners. Seriously? and marketing claims that are just lies, no cant beat a porshe towing a porshe actually. Serious lies.
4. The semi truck, basic model with a range of 300 miles. Really? And actually if you look at all of the mileage claims upon going to market they are down graded.
5. Batteries, in my experience they are getting way more powerful, but they just die faster. As a builder, my biggest expense was buying expensive corded tools, now thats changed, my corded tools I purchased 20 years ago still work, my biggest expense now is replacing batteries that won't charge.
6. Competitors, there are a lot, and one in particular is a lot cheaper. Serious headwind.
7. Elon takes the credit for alot, but hes not an engineer. My BS gauge is just exploding. Shite does not stick to teflon, until you use it enough, then it really sticks.
8. If you are doing so well, why lay off so many staff, and so badly... and then want such a absurd salary, i have to question Elon's, well ethics actually
9. But money talks, and ive had the misfortune in my lived experience of running into several conmen that pretended to be rich to try to extract money from me and others around me. Lots of elaborate tricks getting you to pay, because heck they will reward you tenfold.
Questions for you:
How long will Tesla's rebound last? What's your target price for Tesla? Will Tesla hit $200 this time?
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⏰Duration
29 May (24pm EDT)
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How long will Tesla's rebound last? What's your target price for Tesla? Will Tesla hit $200 this time?
🎁Prizes
🐯 All valid comments on the following post will receive 5 Tiger Coins.
$Tesla Motors(TSLA)$ has respected higher Time-Frame range lows but still under the 200 Moving averages, there's a confluence of levels to overcome marked by the Orange circle but Elon's compensation package could be the catalyst to over-come this. Lower TF PA productive, arguably an IHS.
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$Tesla Motors(TSLA)$ up almost 6% on Tuesday, we can see $196-200 by next week.
$Tesla Motors(TSLA)$