$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$ π ±ππ »π »π Έππ ·ππΊ
TSLA is consolidating. Possible consolidation, triangle pattern drops back to $320.57. sometimes these moves just take a little more time to play out consolidation in this range. Takes us to $357 then $364 then I'm looking at $413.00. 13 is lucky π for me!
Other stocks to watch today in the Nano Cap space...
π₯π Nano Cap Showdown: Tiny Titans, Big Moves! ππ₯
Kia ora Tiger traders!
Itβs time to explore the Nano Cap Strength Meter Maps, where small caps show us that good things really do come in small packages! With 11/18/24 (1-Day Trend) and Whole Trend (2-Month Meter) metrics in hand, letβs see whoβs flexing their tiny biceps in a big way.
Strength Meter Bar Chart β Mini But Mighty Movers
Hereβs your trend analysis for the nano-caps making the biggest buzz:
1-Day Trend:
β’ $AGFY: This cannabis player is blazing a trailβup +12%! Mustβve found some green thumbs in their strategy!
β’ $ADN: Hydrogen leader blasting past resistance at $1.20. Is $1.50 the next hydrogen-fuelled pit stop?
β’ $ALGS: Biotech brillianceβholding steady at $5.10. Is this the calm before the bio-storm?
β’ $CYN: AI robotics darling climbing 8%, fuelled by cybernetic dreams.
Whole Trend (2-Month):
β’ $TSLL: Tesla Bull ETF is revving its engines, riding tech rebounds with autopilot precision.
β’ $TSLQ: The Bear ETF proving Tesla isnβt the only one with claws. A textbook hedging hero!
β’ $WEED: Cannabis comeback vibesβthis oneβs rolling a 25% gain! Puff, puff, profit?
β’ $OMIC: Genomics guru dodging the chaosβlong-term golden DNA vibes intact.
Sector Heatmaps & Highlights
Cannabis Sector:
β’ π± $AGFY and $WEED are cultivating gains with some high-flying momentum. Regulatory chatter could make these stocks bloomβor witherβso stay tuned.
Biotech & Pharma:
β’ π $ALGS & $OMIC are firing up innovation pipelines. Chart patterns scream potential breakout!
Clean Energy:
β’ π $ADN is charged up, with momentum hinting at a historical high. Itβs a renewable rocket!
Tech & AI:
β’ π€ $CYN is riding the robot revolutionβmomentum traders, start your engines!
Leveraged ETFs:
β’ β‘ $TSLL and $TSLQ are like Teslaβs boxing gloves π₯π₯π₯ one punches up, the other punches down. Choose your fighter wisely!
Trend Insights & Takeaways
β’ Capital flows show strong rotation into nano-cap growth sectors, particularly green energy, biotech, and AI. January effect stocks are heating up!
β’ Expect volatility spikes in leveraged ETFs like $TSLL and $TSLQ as Tesla headlines continue driving sentiment.
β’ Watch for institutional inflows in $WEED and $AGFYβcould this signal a green gold rush?
BCβs Trading Wisdom: Tiny stocks can pack a punch, ride their momentum, but donβt let them punch your portfolio! Tight stops are your best training gloves in the nano-cap arena.
Happy trading ahead. Cheers, BC πππ
@Tiger_comments @TigerStars @TigerObserver @TigerPM @Daily_Discussion @TigerPicks @TigerGPT
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Here is the analysis of the two stocks you mentioned:
Tesla Motors (TSLA):
Business and Industry: Tesla Motors is a well-known electric vehicle manufacturer and clean energy company. The company is known for producing electric vehicles, energy storage products, and solar energy solutions. The electric vehicle industry is expected to grow rapidly in the coming years as more consumers and governments focus on sustainability.
Earnings: Tesla's earnings forecast for the fiscal year 2024 is $2.49 per share, with a forecasted gross income of $99.70 billion and a forecasted EBIT of $8.24 billion. Analysts have provided various recommendations, with 8 recommending, 15 buying, 18 holding, 9 underperforming, and 4 selling the stock. The mean target price estimate by analysts is $230.48, with a low estimate of $24.86 and a high estimate of $400.00.
Recent Trends: The stock is currently trading at $338.74, with a support price of $219.67 and a resistance price of $339.67. The capital flow data for the past 5 days shows mixed inflows and outflows. The profiteer ratio as of November 18, 2024, is 0.8998.
Earnings Result: In the third quarter of 2024, Tesla reported an EPS of $0.68, a return on equity of 12.71%, a gross profit margin of 19.84%, and a net profit margin of 8.61%.
Direxion Daily TSLA Bull 2X Shares (TSLL):
Business and Industry: Direxion Daily TSLA Bull 2X Shares is a leveraged ETF that aims to provide twice the daily return of the performance of Tesla Motors. It is designed for short-term traders looking to amplify their exposure to Tesla's stock.
Recent Trends: The ETF is currently trading at $20.77, with a support price of $14.35 and a resistance price of $21.65. The capital flow data for the past 5 days shows mixed inflows and outflows. The profiteer ratio as of November 18, 2024, is 0.9115.
Please note that the above analysis is for informational purposes only and should not be considered as investment advice. It is essential to conduct thorough research and consider various factors before making any investment decisions. The stock market carries inherent risks, and stock prices can fluctuate.
Go $Tesla Motors(TSLA)$ π¨π¨π¨
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