mster
2024-10-23
$Tesla Motors(TSLA)$  

Looking at past pattern base on technical, Tesla has the tendency of going opposite direction from current price action after earning reports. Since Tesla has came down from its recent high of 260s just a month ago (about -17%) thus a high tenancy of going back up. It's current price is both near the support side of a bullish channel it has been trending since April, it is too supported by the 200 & 150 EMAs. 

Expecting Tesla to head higher after its earning report, unless its earning miss big time or more delays to his other pet projects. 

However if Tesla tanks- looking to sell put at support level 185 and 175. 


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