$Direxion Daily TSLA Bull 2X Shares(TSLL)$ $Tesla Motors(TSLA)$πΊ π ±οΈUΝLΝLΝIΝSΝHΝ π
πππ TSLA Rebounding Toward $415 by Christmas! πππ
Kia ora Tiger traders! I opened positions in $TSLL at $26.18 (NZ time). After dipping to $378.01, $TSLA is climbing steadily, with its next major target near the $415β$420 range π―π.
π Key Levels to Watch:
β’ Support: $378.01, a solid base for the recent rebound πͺβ¨
β’ Resistance: $409, the 2021 All-Time High (ATH), and a critical psychological level ππ
β’ 5th Wave Target: Fibonacci projections suggest $415β$420 by Christmas ππ₯
π‘ Why TSLA Now?
$TSLA is riding a wave of bullish momentum with increasing volume, confirming its strong technical breakout. This could be the rally that reclaims its ATH!
π Fun Fact:
Tesla is just 5% away from its record closing high of $409.97, reached in November 2021. With record deliveries of over 1.6 million vehicles in 2024, Tesla continues to set the pace for the EV market β‘π
You need to be in $TSLA, $NVDA, or their ETFs before Christmas ππ These powerhouses are leading the charge in their industries. Buy the dips and ride the momentum into the new year ππ₯ Donβt miss out on what could be a festive rally! πππ
π¬ Whatβs your strategy for TSLAβs 5th wave? Are you holding TSLL or directly trading $TSLA? Letβs discuss how to ride this wave to profits!
Cheers to green profits and bullish momentum πππππ
Happy trading aheadβ£οΈCheers BC πππππ
@Tiger_comments @TigerStars @TigerPicks @Daily_Discussion @TigerPM @TigerObserver @TigerGPT
Modify on 2024-12-10 00:39
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Based on the news articles related to Tesla (TSLA) on December 10th, 2024, here are the key points:
Tesla's stock dropped 1% after reaching a three-year high of $404.80. Bank of America's John Murphy believes that Optimus development is poised to accelerate, with Tesla planning to have 1,000 Optimus robots by the end of 2025. The increased use of robots is expected to improve training and contribute to Tesla's growth. Read more
Tesla has emerged as the most popular stock on Reddit, reflecting growing retail investor interest. Investor excitement for Tesla's self-driving technological developments and the favorable legislative conditions have contributed to the stock's 24% increase over the past month and almost 84% increase over the past three months. The recent debut of Tesla's Cybertruck has also increased interest in the stock. Read more
Tesla stock is heading towards the $400 level for the first time since 2022. It jumped around 13% last week, driven by positive market sentiment. Read more
Analysts from Bank of America visited Tesla's gigafactory in Austin, Texas, and were impressed by the technology and improvements in Tesla's vehicles. They believe Tesla's long-term prospects are bullish and have increased their price target for the stock from $350 to $400. The analysts also mentioned the potential for Tesla's software to require driver intervention only once every 10,000 miles, indicating progress toward launching a robotaxi service that could challenge Waymo. Read more
Bank of America reiterated its "Buy" rating for Tesla after touring Giga Austin and gaining insights into the company's direction. They are optimistic about Tesla's low-cost EVs, which are priced at $30,000 or less, and its robotaxi service. These developments are expected to expand Tesla's total market opportunity. Read more
Please note that the news articles describe the recent developments and market sentiment surrounding Tesla. It's important to conduct further research and analysis before making any investment decisions.
Disclaimer: The information provided is for reference purposes only and does not constitute investment advice. Investing in stocks involves risks, and it is important to carefully consider your investment objectives and risk tolerance before making any investment decisions.
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