Buy Tesla | NASDAQ – TSLA | Short Term Trading Advice | Automobile Sector | 30th Apr 2024 | Expected Gain 8% – 11%

Stock Market
NASDAQ, United States of America

Stoploss reached. Trade closed.

NASDAQ TSLA

7 days
8 May 2024
30 Apr 2024
Loss per
100,000 USD
7 days
-4,891
Stop-loss
8 May 2024
175
Buy Advice
30 Apr 2024
184 – 189
Target 1
205
Target 2
210
Profit per
100,000 USD
-4,891
175
184 – 189
205
210
  • Buy
  • Buy
    Range
  • Target
  • Stoploss
  • Upside
    Potential
  • Trade
    Duration
  • Tesla
  • 184 – 189
  • 205 – 210
  • Below 175
  • 8% – 11%
  • 14 - 16 Days
  • Buy Tesla
  • Buy
    Range
    184 – 189
  • Target 205 – 210
  • Stoploss Below 175
  • Upside
    Potential
    8% – 11%
  • Trade
    Duration
    14 - 16 Days
  • * Once the first target hit, reset the StopLoss at your buying price.
    * Trade durations are approximate; actual holding period may vary.

    Tesla (NASDAQ: TSLA) - Stock Overview

  • NASDAQ Code
  • Stock Name
  • Sector
  • 52 Weeks High
  • 52 Weeks Low
  • TSLA
  • Tesla
  • Automobile
  • 299.29
  • 138.8
  • NASDAQ Code TSLA
  • Stock Name Tesla
  • Sector Automobile
  • 52 Weeks High 299.29
  • 52 Weeks Low 138.8
  • Company profile

    Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners; and provision of service and repairs to its energy product customers, including under warranty, as well as various financing options to its solar customers. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.

  • Tesla (NASDAQ: TSLA) vs NASDAQ - Relative Strength Comparison

    The image highlights Tesla's performance over the last year versus NASDAQ.
    Relative Performance - Last 1 Year
    TSLA —   NASDAQ —

  • Tesla (NASDAQ: TSLA) - Technical Analysis (Daily)

    Tesla - Technical Analysis chart on Daily Price and Volume
    Tesla - Technical Analysis chart on Daily Price and Volume

    • After a downfall, price finally found its support at near 100 level.
    • From there the price started moving upside.
    • From the 300 level, price got a rejection and started forming Lower Highs and Lows.
    • Finally the price took support at 140 level.
    • There is two major gap can be seen at the chart which indicates that the bulls have taken entry.
    • The volume has also been very high.
    • We can expect a further up move from the current level.
  • Tesla (NASDAQ: TSLA) - RSI Indicator

    Tesla stock analysis based on RSI Indicator
    Tesla - RSI Indicator

    • Current RSI of this stock is 65.30, which indicates the strength of buyers.

  • Tesla (NASDAQ: TSLA) - MACD Indicator

    Tesla stock analysis based on MACD Indicator
    Tesla - MACD Indicator

    • MACD line has just crossed the signal line from the below and a positive histogram chart is forming. This can be considered as a bullish signal.

  • Tesla (NASDAQ: TSLA) - EMA  Crossover

    Tesla stock analysis based on EMA Crossover
    Tesla - EMA Crossover

    • The short length exponential moving average (10 EMA) has crossed the long length exponential moving average (20 EMA) from the below, generates bullish signal. Last day’s candle has closed above all these moving averages. This suggests buyers are taking interest in this stock.

  • Conclusion - Tesla (NASDAQ: TSLA) Stock Price Forcast

    Based on our Trading Advice for USA, Tesla stock price target will be USD 205 - USD 210 in the next 14-16 trading sessions.

  • Share with
    0 0 votes
    Article Rating
    Subscribe
    Notify of
    guest
    0 Comments
    Inline Feedbacks
    View all comments

    Join Our Telegram Channel for US Stock Market Update

    USA Stock Analysis

    The stock trading advice is prepared by the Naranj Capital team under the guidance of Arijit Banerjee, CMT, CFTe.
    Maximize your return with our precise trading advice on the USA stock exchange! We recommend an technology stock poised for
    Get expert short-term trading advice for the USA stock exchange. This energy stock is projected to deliver 5%-6% returns in
    Short Term Trading Alert: This Consumer Discretionary stock has the upside potential of 5-6% in 14-15 trading days. Swing Trading
    Short Term Trading Advice: Qualcomm Inc (NASDAQ - QCOM) has the upside potential of 5-6% in 14-15 trading days

    Join Our Telegram Channel for Saudi Stock Market Update

    Saudi Stock Analysis

    Maximize your return with our precise trading advice on Saudi stock exchange Tadawul! We recommend buying Arabian Pipes (Tadawul 2200)
    Short Term Trading Alert: This Saudi health care equipment stock has the upside potential of 8-10% in 12-14 trading days.
    Get expert short-term trading advice for the Saudi stock exchange Tadawul. Buy Etihad Atheeb Telecom (Tadawul 7040) for 13%-16% returns
    Short term trading advice for Shariah compliant Tadawul stocks. Buy Riyadh Cables Group (Tadawul 4142) with potential for 15-17% returns
    Maximize your trading returns in Saudi stock exchange Tadawul! Discover a shariah halal materials sector stock having 7-9% gains in
    Details of Arijit Banerjee

    Arijit Banerjee CMT CFTe is a seasoned expert in the financial industry, boasting decades of experience in trading, investment, and wealth management. As the founder and chief strategist of Naranj Capital, he’s built a reputation for providing insightful research analysis to guide investment decisions.

    Arijit’s credentials are impressive, holding both the Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) designations. These certifications demonstrate his expertise in technical analysis and financial markets.

    Through Naranj Capital, Arijit shares his market insights and research analysis, offering actionable advice for investors. His work is featured on platforms like TradingView, where he publishes detailed analysis and recommendations.

    If you’re interested in learning more about Arijit’s work or Naranj Capital’s services, you can reach out to them directly through their website