$Tesla (TSLA.US)$ For the upcoming trading day on Monday, 4t...
$Tesla (TSLA.US)$ For the upcoming trading day on Monday, 4th we expect Tesla Inc. to open at $201.89, and during the day (based on 14 day Average True Range), to move between $194.95 and $210.33, which gives a possible trading interval of +/-$7.69 (+/-3.80%) up or down from last closing price. If Tesla Inc. takes out the full calculated possible swing range there will be an estimated 7.59% move between the lowest and the highest trading price during the day.
Since the stock is closer to the support from accumulated volume at $190.93 (5.78%) than the resistance at $238.72 (17.80%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..
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