$Tesla Motors(TSLA)$ $Direxion Daily TSLA Bull 2X Shares(TSLL)$ 🔺🅱️ullish🔺📈 I opened further positions.
🎯 up to this next major 50% Fib level as potential resistance at 248.10
$253.50 purple top
$260 FIb @ 1.27
@Tiger_comments @TigerPicks @TigerStars @TigerPM @Tiger_comments @TigerGPT @Daily_Discussion
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Tesla Motors (TSLA) - Stock Analysis:
Business and Industry Overview:
Tesla Motors is a leading electric vehicle (EV) manufacturer, energy storage company, and solar energy company.
The EV industry is experiencing significant growth globally, driven by increasing environmental concerns, government incentives, and technological advancements.
Tesla's innovative and sustainable approach has positioned it as a key player in the EV market.
Earnings Analysis:
Tesla's latest earnings report (2024Q2) showed an EPS of $0.46.
The company has a forecasted EPS of $2.28 for the fiscal year 2024 and $3.10 for 2025FY.
The forecasted gross income for 2024FY is $98.90 billion, and the forecasted EBIT is $7.39 billion.
Trend Analysis:
The support price for Tesla's stock on September 18, 2024, was $219.8.
The resistance price on the same date was $251.8.
The stock's current price on September 20, 2024, is $243.63.
Valuation Analysis:
Analysts have provided target price estimates for Tesla. The mean target price is $211.31, with a low estimate of $24.86 and a high estimate of $310.00.
Analyst recommendations for Tesla are as follows: 8 recommend, 14 buy, 20 hold, 8 underperform, and 4 sell.
Direxion Daily TSLA Bull 2X Shares (TSLL) - Stock Analysis:
Business and Industry Overview:
Direxion Daily TSLA Bull 2X Shares is an exchange-traded fund (ETF) that seeks to provide 2x leveraged exposure to the daily performance of Tesla's stock.
As an ETF, its performance is directly linked to the performance of Tesla's stock.
Trend Analysis:
The support price for Direxion Daily TSLA Bull 2X Shares on September 18, 2024, was $7.52.
The resistance price on the same date was $15.98.
The ETF's current price on September 20, 2024, is $12.1502.
Please note that the information provided is based on historical data and public sources. Investment decisions should be made after conducting thorough research and considering factors such as risk tolerance and financial goals.
Disclaimer: The information provided here should not be considered as investment advice. The stock market is subject to risks and fluctuations, and individuals should exercise caution and independent judgment when making investment decisions.
For more detailed analysis and specific figures, it is advised to consult a professional financial analyst or conduct comprehensive research on the respective stocks.
👀 Fib levels, thx BC 📈📈📈
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