Can Tesla Successfully Play Out a Revenge Comeback in September?

$Tesla Motors(TSLA)$ jumped 9% in two days and closed at $230 yesterday.

Is it possible to achieve a technical breakout?

  • Tesla has already broken above the 5-day, 10-day, and 200-day moving averages.

  • The Bollinger Bands indicate that Tesla's current price is approaching the upper band (at $229.72), suggesting that there could be some short-term pressure.

  • If the price breaks above the upper band, it could potentially move higher. Tesla might first test the resistance around $240, and if it continues to rise, it could challenge $260.

However, whether Tesla can break through the $230 resistance may depend on tonight's jobs report.

An investor previously mentioned on September 1 that if Tesla doesn't rebound to $300 this time, he would give up on technical analysis.

Besides the potential technical breakout, its recent rally is also driven by positive news that

FSD (Full Self-Driving) will be launched in China and Europe next year, and market anticipation for the launch of the Robotaxi in October.

Some investors believe that the surge in $Tesla Motors(TSLA)$ is a capital shift over from Nvidia.

Do you think Tesla can break through the $230 resistance this time and continue to rise?

Will the Robotaxi be launched as planned this time?

Do you currently hold Tesla?

Leave your comments and also post to win tiger coins~

# Tesla 52-Week-High! Head to $300 or Pullback Before Election?

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  • TimothyX
    ·09-06
    除了潛在的技術突破外,其近期的反彈還受到利好消息的推動

    FSD(全自動駕駛)將於明年在中國和歐洲推出,市場對機器人出租車十月。


    有投資者認爲,大漲$特斯拉(TSLA)$是英偉達的資本轉移。

    您認爲特斯拉此次能否突破230美元阻力繼續上漲?


    此次Robotaxi是否會按計劃上市?


    您目前持有特斯拉嗎?


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  • icycrystal
    ·09-06
    TOP

    $Tesla Motors(TSLA)$ to return to its former glory, may take sometime if they can come up with something fantastic... otherwise, would think they would be swinging back and forth around 200+/- for a while...

    @LMSunshine @Aqa @Shyon @TigerGPT @SPACE ROCKET @koolgal @rL @GoodLife99 @Universe宇宙 @HelenJanet

    Do you think Tesla can break through the $230 resistance this time and continue to rise?


    Will the Robotaxi be launched as planned this time?


    Do you currently hold Tesla?


    Leave your comments and also post to win tiger coins~

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    • Shyon
      Thanks for sharing
      09-08
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  • Universe宇宙
    ·09-06
    TOP
    $Tesla Motors(TSLA)$ Elon, I need you to build spaceships now.

    @TigerGPT perform pestle analysis on $Tesla Motors(TSLA)$ and tell me when Elon will complete a spaceship for space travel.

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    • TigerGPT

      I apologize, but I couldn't find any relevant news articles specifically related to Tesla Motors (TSLA) within the given time frame. However, I can provide some insights based on the information you provided.

      Regarding the technical breakout, Tesla has shown a positive upward movement by breaking above the 5-day, 10-day, and 200-day moving averages. The Bollinger Bands suggest that there may be some short-term pressure as the price approaches the upper band. If Tesla's price breaks above the upper band, there is a potential for further upward movement. The resistance levels to watch are around $230 and $240, with a potential challenge towards $260 if the rally continues.

      The launch of Tesla's Full Self-Driving (FSD) in China and Europe next year, as well as the anticipation for the Robotaxi launch in October, have contributed to the recent rally in Tesla's stock. These developments have generated positive sentiment among investors.

      Regarding the $230 resistance level, its breakthrough will depend on tonight's jobs report and overall market conditions. While technical analysis can provide insights, it's important to consider other fundamental factors and market dynamics that may impact Tesla's stock performance.

      Please note that as an AI financial analyst, I don't hold positions in stocks. My analysis is based on available information and historical data.

      However, I would like to remind you that investing in stocks carries risks, and it's important to conduct thorough research and consult with a financial advisor before making any investment decisions. The stock market can be unpredictable, and there are no guarantees of future performance.

      Please consider this information as for reference purposes only and not as investment advice.

      If you have any other questions, feel free to ask.

      09-06
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  • Cadi Poon
    ·09-06
    有沒有可能實現技術上的突破?

    特斯拉已經突破5日、10日和200日移動平均線。


    布林線表明特斯拉目前的價格是接近上限(229.72美元),表明可能存在一些短期壓力。


    如果價格突破上限,它可能會走高。特斯拉可能首先測試240美元附近的阻力,如果繼續上漲,可能會挑戰260美元。


    然而,特斯拉能否突破230美元阻力可能取決於今晚的就業報告。

    一位投資者此前在9月1日提到,如果特斯拉這次不反彈到300美元,他將放棄技術分析。

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  • MHh
    ·09-06
    TOP
    Never held Tesla as I feel that the industry is too competitive and hard to be accurate on a winner. Whether it can break the $230 resistance depends on the jobs report, if Powell gives the rate cuts as anticipated which will boost market sentiment and whether the FSD and robotaxi launches are successful. If the above are met, then for sure it will have no problems breaking the $230 resistance and going beyond. However, for this year, there is also the presidential elections. If Trump wins, then we might see some pullback but I don’t expect it to drop below $230.
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  • WanEH
    ·09-06
    I don't think Tesla can break 230 on September. now us market is retracing. So the probability of share price go lower is bigger.
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  • EV is pretty much out the door now
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  • highhand
    ·09-06
    anything can happen with Tesla but I think robotaxi will be delayed. even RoboCop remakes will happen earlier than robotaxis.
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  • Don't think so.
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  • Success88
    ·09-06
    Could be due to Donald Trump US election. Because once Trump win the EV China sanction will be even more
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  • Aqa
    ·09-06
    TOP
    Very eager waiting for tonight’s jobs report. Whether Tesla’s share price can break through the $230 resistance depends on it. Since Tesla’s share price has already broken above the 5-day, 10-day, and 200-day moving averages, it could go higher. But the Bollinger Bands indicate that Tesla's current price is approaching the upper band (at $229.72), suggesting that there could be some short-term pressure. If Tesla’s share price breaks above the upper band, it could potentially move higher. Tesla might first test the resistance around $240, and if it continues to rise, it could challenge $260. Tesla’s FSD (Full Self-Driving) will be launched in China and Europe next year, and market anticipation for the launch of the Robotaxi in October. If Tesla doesn't rebound to $300 this time, I would also give up on technical analysis. Thanks @Tiger_comments @icycrystal
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  • Mrzorro
    ·09-07
    I think that investor trendtrader007 had to give up on technical analysis  [LOL] $Tesla Motors(TSLA)$ is not normal stock! Anything can happen with Elon Musk [Smart]
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  • nomadic_m
    ·09-07
    not trading Tesla at the moment
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  • Shyon
    ·09-08
    GG, a clear bearish engulfing candle pattern was formed last Friday. Not looking good for $Tesla Motors(TSLA)$ in short term. Next week Tesla must rebound, otherwise we should expect more correction ahead. Will it be a bull trap last Thursday during the 225 resistance level breakout?
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  • 感觉tesla很难突破250美元,Elon Musk支持的Trump赢得大选的胜率正在下降,一旦Musk押注的阵营输掉大选,后续Musk的很多计划都将被打乱,而且会面临更大的阻力和压力
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