Tesla’s Turbocharged Future: Full-Self-Driving Unleashed in China
If TSLA can stay above $181.67 then I think I can get as high as 🎯 $186.57 next with a re-test back down to $181.55 for support. That’s after a quick look in between watching my Nvidia options and other trades, so many 👀 on. The 🐳's have just shut off the spigot. Lets see what happens next!!!
Buckle up, TT’s! Tesla (TSLA) is charging ahead with some electrifying news. Trading at $182.18 on June 18, 2024 NZT, Tesla’s stock is zipping through the market like a scene straight out of Fast & Furious. Here’s why you need to keep your eyes on the road.
Technical Breakdown: What’s Under the Hood?
1. Chaikin Money Flow (CMF): Sitting pretty at 0, balancing buying and selling pressure like a zen master.
2. Bollinger Bands: Tesla’s in the Goldilocks zone—not too hot, not too cold.
3. Stochastic Momentum (STCH MTM): At 14, this bad boy’s in oversold territory, hinting at a potential buy. Grab your purse!
4. Relative Strength Index (RSI): A neutral 54, just chilling in the middle.
5. MACD: Bullish crossover ahead, suggesting upward momentum. Vroom vroom!
Analyst Predictions: Crystal Ball Time
- Price Targets: From $85.00 to $310.00, averaging at $185.90. Analysts are playing it safe with a "Hold" rating—"Stay put, folks."
- Market Sentiment: Despite ups and downs, Tesla’s brand power and focus on innovation keep it in the EV race’s pole position.
Breaking News: Full-Self-Driving Tests in China
Tesla’s snagged a golden ticket in the EV world, kicking off full-self-driving tests in China with a road test permit from Shanghai. The stock responded with a 1.92% rise in morning trading. Watch out, competition!
Market Conditions: The Road Ahead
- Volatility: Down 28.4% since January, Tesla’s stock has been on a rollercoaster. Buckle up!
- Competition and Market Share: The EV market’s heating up. Tesla’s got to keep its foot on the gas to stay ahead.
Conclusion: To the Moon or Bust?
With all indicators pointing to a potential upside but a cautious “Hold” from analysts, Tesla is at a critical pit stop. Will it zoom ahead or stall? Only time will tell.
Rhyme Time:
Tesla’s driving on the edge, with China’s tests it’s got an edge. Hold your shares and stay the course, this EV stock’s a mighty force.
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- keke006·06-18TOPLet's see what happens next! [OMG] [Observation]1Report