TSLA (Tesla Inc.) has broken down below this uptrend line after recently putting in a divergent high (negative divergences). As there has been quite a bit of interest in the stock recently, including this chart & short entry (via put options) posted by @shambo just over a week ago, I figured that I would share [...]
Fundamental & technical analysis on a few key sectors including the automakers, biotechnology, semiconductors, technology as well as the volatility indexes. The following stocks & sector ETFs are covered in this order: F, GM, TSLA, TM, XBI, IBB, PBE, SMH, XSD, SOXX, XLK, TECS, $VIX & $VXN.
Last week I had updated the Long Trade Ideas by removing any trades that had either reached their final profit target or exceeded their maximum suggested stops. I am now turning my focus towards updating the Short Trade ideas by first removing the following trades that have either exceeded their suggested stops or no longer [...]
The suggested stops and price targets for the TSLA (Tesla Motors Inc) Trade Setup & Active Trade idea has been added to this 60-minute chart.
The following daily & 60-mintue charts outline entry criteria for a trade in TSLA (Tesla Motors Inc) as well as suggested stops and price targets.
TSLA daily Jan 5th TSLA (Tesla Motors Inc) hit sole price target of 206.20 was hit for a 17.6% gain on Dec 9th. Although TSLA will likely hit at least the bottom of the target/support zone, this trade is now completed so consider booking full profits and/or lowering stops. This trade, just as with [...]