🚀 Buy the Rumor, Sell the News? Tesla $500+ Friday or early to mid next Week ??
$Tesla (TSLA.US)$ First off, the whispers on the street are that Tesla's Q4 deliveries are gonna hit a new record high, topping out at around 515,000 units, according to Barclays analysts. That's a slight beat on the consensus of 511,000 and marks a sweet 6% YoY growth. But here's the kicker – Barclays thinks these shiny delivery stats won't do much for Tesla's stock price. Investors are laser-focused on the long game: autonomous driving and AI. 🤖🚗
Now, let's talk charts! Tesla's been riding high in a rising channel, printing higher highs and higher lows like a boss. 📈 The pink zone between 400−420 has been a buyer's paradise, providing solid support during pullbacks. And looking ahead, the 500−520 range is shaping up as the next resistance hurdle.Technically speaking, the EMAs (21, 100, 200) are stacked like a deck of bulls, confirming the stock's uptrend. If Tesla clears $480 decisively, we could see a quick move toward the $500 psychological level and beyond. A failure to hold the $450-$458 area might indicate a deeper correction toward the $420 support zone. Keep your stops tight, folks!🚀
Now, for those looking to ride Tesla's wave without putting all their eggs in one basket, consider some Tesla-heavy ETFs. $The Nightview Fund (NITE.US)$ , $Consumer Discretionary Select Sector SPDR Fund (XLY.US)$ , and $ARK Autonomous Technology & Robotics ETF (ARKQ.US)$ are solid options for diversified exposure. And if you're feeling extra bullish, why not leverage up with $Direxion Daily TSLA Bull 2X Shares (TSLL.US)$ , $T-Rex 2x Long Tesla Daily Target ETF (TSLT.US)$ , $Tradr 1.5X Long TSLA Weekly ETF (TSLW.US)$ , or $GraniteShares 1.25x Long TSLA Daily ETF (TSL.US)$ ? Just remember, leveraged ETFs amplify gains and losses, so tread carefully! 🎢
My take? I'm bullish on Tesla for the long haul, with a 2025 target still at $700. But in the near term, let's see how those delivery numbers play out and keep our eyes peeled for any technical signals. 👀
What do you think? Are you buying the rumor or preparing to sell the news? Share your thoughts in the comments! 💬
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Singh Rahul : cant wait to see TSLA go off
Shaaaw : hype