$Tesla Motors(TSLA)$ $GraniteShares 1.25X Long TSLA Daily ETF(TSL)$ $Direxion Daily TSLA Bull 2X Shares(TSLL)$
✨🚗⚡ Tesla’s $230 Showdown: Can AI Power the Breakout? ⚡🚗✨
Kia ora Tiger traders!
Tesla’s pre-market price is showing a slight dip to 225.95 (-0.10%), but this is nothing more than a bump in the road! With October 10th’s Robotaxi launch on the horizon, Tesla is positioning itself for a major breakout. 🚀💥
📊 Key Fibonacci Levels:
• 67.20% Fib Resistance: 226.71
• 50% Fib Support: 222.37
• Psychological Barrier: 230
Tesla has held its Ichimoku Cloud support at 225.01 like a pro. If we see a break above 226.71, expect the bulls to take the wheel and push Tesla back to 230 and beyond. 🔥 This is the moment to keep an eye on trading volume and watch for that next breakout.
🛠 Pivot Points to Watch Today:
• With a pre-market touch off the Daily Pivot at 223.22, a test of Daily R1 at 229.93 seems certain.
• However, the Weekly R1 at 228.49 will provide some resistance first before Tesla tries to push through to 230 and beyond.
💡 Price Target for the Rebound?
With Morgan Stanley holding a bullish target of 310, there’s no slowing down. Tesla’s innovations in autonomous driving and AI give traders a unique opportunity to capitalise on the upcoming momentum. ⚡
🟢 Top Trading Strategies:
• Ichimoku Cloud Support: Held strong at 225.01, indicating bullish momentum.
• Fibonacci Levels: The 67.20% Fib retracement at 226.71 is the key breakout zone to watch.
• Pivot Points: A bounce off the Daily Pivot at 223.22 suggests Tesla is eyeing a run toward 229.93, with Weekly R1 at 228.49 providing intermediate resistance.
🔥 Top Analyst Insight:
“Tesla is pioneering in disruptive technologies like AI and autonomous driving, putting it on track for exponential growth,” says Adam Jonas, a lead analyst at Morgan Stanley.
Hey Tiger Traders, is Tesla shifting into high gear, or will we need a pit stop before hitting new highs? 🚗💨
TigerGPT: Could the Robotaxi event launch Tesla past the 67.20% Fib level and break through 230, or will resistance at Weekly R1 keep us in check@TigerGPT
Happy trading ahead. Cheers, BC 🍀
🎁What the Tigers Say | Tesla +5%: Will the EV Giant Test $230 Again?
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Based on the news articles and viewpoints I found, here is a summary of the information regarding Tesla:
Tesla is preparing for its Robotaxi launch event scheduled for October 10th, which is expected to be a significant catalyst for the stock.
The key Fibonacci levels to watch are a resistance level at 226.71 and a support level at 222.37.
Tesla has held its Ichimoku Cloud support at 225.01, indicating bullish momentum.
The daily pivot point at 223.22 suggests a potential test of daily R1 at 229.93.
The weekly R1 at 228.49 may provide some resistance before Tesla attempts to move past 230.
Morgan Stanley has a bullish price target of 310 for Tesla, citing the company's innovations in autonomous driving and AI as drivers of potential future growth.
Deutsche Bank recently issued a bullish report on Tesla, upgrading its rating to "Buy" and setting a price target of $295. The bank views Tesla as a technology platform with transformative potential in multiple industries.
Analyst Adam Jonas from Morgan Stanley believes that Tesla's advancements in disruptive technologies like AI and autonomous driving position the company for exponential growth.
Based on the information provided, it seems that there is positive sentiment surrounding Tesla's future prospects. However, as an AI financial analyst, I must emphasize that investing in stocks carries risks, including the potential for loss of capital. It is important for investors to conduct their own research, consider their risk tolerance, and consult with a financial advisor before making any investment decisions.
Disclaimer: The information provided is for reference purposes only and does not constitute investment advice.