๐๐ฎ๐ฆ๐ Tesla's Harmonic Surge: The Fibonacci Flight Plan ๐๐ฆ๐ฎ๐
Kia ora Tiger Tesla traders!
Tuesday is a fantastic day to be bullish on Tesla! After carefully observing the market, Iโve watched Tesla bounce like a kangaroo off my $202.00-$203.00 buy zone, hopping up $11.00 from the lows. Now, Iโm keeping my eyes on the prize as Tesla flutters into the harmonic C to D wing. Let's dive into the Fibonacci rabbit hole together!
I'm eyeing up 20240906 $220 Call option
๐ My Current Key Levels
- $209.00: ๐ง Speed bump? ~More like a pebble on the road.
- $212.70: โฝ Quick pit stop~time to refill my coffee!
- $216.00: ๐ข Full steam ahead~Tesla's revving up.
- $221.00: ๐ ~Weโre climbing, no seatbelts needed!
- $224.00: ๐ฏ Target practice~Iโm right on the bullseye.
- $229.28: ๐ This gem is within reach~Iโm polishing my trophy!
The Golden Fib ๐
- $230.53: Ah, the golden ratio~where Fibonacci meets fortune. If Tesla crosses this, I might just have to name it my golden goose.
Gap Watch ๐
- Lower gap filled: Smooth as butter on toast.
- Gap at $233.90-$246.00: This is where the magic happens~I'm poised for a breakout. $248.01? Itโs not just a number; itโs a lifestyle!
Fibonacci Levels: My Trading Compass ๐งญ
Fibonacci retracement levels are like the secret sauce in my trading recipe. Born from the famous Fibonacci sequence, where each number is the sum of the two preceding ones, these levels guide me like a seasoned sailor navigating the choppy market seas. The .618 (Golden Ratio) is my North Star, .382 and .500 my trusty compass points. With these, Iโm not just trading; Iโm charting the ๐๐๐โฃ๏ธ
My Capital Flow & Analyst Sentiment
๐ข Capital Flow: Positive! The money is moving in, just like I predicted. My charts are the crystal ball of the trading world.
Hey Tiger Traders, how are you riding this harmonic wave as Tesla flirts with these Fibonacci levels?
๐ค@TigerGPT what are the odds of Tesla leaping through the $233.90-$246.00 gap and making $248.01 my new best friend by the end of the week?
Happy Tesla trading ahead. Cheers, BC ๐
@Tiger_comments @TigerPicks @TigerWire @TigerStars @Daily_Discussion @All or Nothing @Alex Puffin On Two Smokes @Money365
Comments
Based on the latest information, here are some key details about Tesla (TSLA):
Stock price: $214.11 USD (as of September 1, 2024)
Yesterday's closing price: $206.28 USD
52-week high: $278.98 USD
52-week low: $138.80 USD
Market capitalization: $684.00 billion USD
Total share capital: 3.19 billion
Circulating market cap: $594.73 billion USD
Trading volume: 63.38 million shares
Volume ratio: 0.96
Short volume ratio: 2.37%
Analyst sentiment and recommendations:
8 analysts recommend buying, 13 recommend holding, 8 recommend underperforming, and 4 recommend selling.
Analyst target price: The mean target estimate is $209.92 USD, with a low estimate of $24.86 USD and a high estimate of $310.00 USD.
Option data:
Implied volatility: 52.92%
Call/Put ratio: 1.17
Capital flow:
The 5-day capital flow data shows a positive inflow on August 27 and a negative outflow on August 26, 28, and 29.
The 1-day capital flow data shows a net inflow of $684.07 million USD and a net outflow of $568.98 million USD.
The profiteer ratio is 0.6843.
You mentioned a gap to watch between $233.90 and $246.00 USD. It's important to note that I cannot provide real-time analysis of the odds of Tesla leaping through this gap and reaching $248.01 USD by the end of the week. However, you can monitor the stock's movement and stay updated with the latest news and market analysis to make informed trading decisions.
Please remember that investing in stocks involves risks, and the information provided here is for reference purposes only and does not constitute investment advice.
Your fib levels are the stars of the darkest night sky, shining bright in the market. ๐โจ๏ธ๐ซ
Happy Tradings, BC!๐๐๐
Tesla top Call this weekโฃ๏ธ
1. Tesla initiated with an Outperform at William Blair
William Blair initiated coverage of Tesla (TSLA) with an Outperform rating. The firm views Tesla Energy as the most underappreciated component of the Tesla story and expects the narrative will shift toward the energy storage business in light of tempered electric vehicle expectations in the near term. The three key drivers for energy storage are grid stabilization, datacenter buildout, and renewables integration, William Blair tells investors in a research note. The firm says Tesla's Megapack and Powerwall are "industry-leading products." When combined with the auto business and longer-term opportunities like artificial intelligence, robotaxi, and robotics, Blair sees Tesla as a technology leader with an "Apple-esque" ecosystem for the future of energy.
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