TRADING TIPS

TSLA: Where Does it Go Next?

Hubert Senters here. Let’s take a look at Tesla, TSLA. And you can see nice little selloff day before yesterday. Well, you could say yesterday and day before yesterday and we got nice little selloff today down $26 points. All of that stands from the production of the series three. Some people they think they hit. Some people think they don’t hit or not going to hit again. I don’t really care about this stuff, cool cars. And this is not a being on the company or a long or anything like that. We’re just doing the technical so far it’s still in a buy until it breaks this cloud right here which around $290. Now, where it’s probably going to go to will probably be $290. And then at that point we’re going to see is it going to bounce off the cloud and go higher through $380 or is it going to cut through that cloud like a hot knife through butter and break its most recent little support area. So you got a couple of little supporters here on Tesla. You get this area which is at about $280 and then you get this little area right here which is about $250-ish. So if you’re more on the aggressive side, if you want to short it you’re getting a close below both the turning and the standard line which usually means it’s going to drift to the cloud. So if the cloud does not hold the next target to be $280 and then to $250. If the cloud does hold that is going to bounce back up and go to, you know, $360, $380. So just take a look at Tesla. Add it to your watch list. Watch it for the next three to five days and you should have a decent trade in that bad boy. I’ve been asked to be on a special guest speakers at the Wealth365 event as I hit my microphone that is going to be taking place July 16th to July 21st. And one of the keynote or I should say the special keynote speaker will be one of the original sharks Kevin Harrington. And if you’re interested in register I recommend you hit the REGISTER FOR FREE button. And I know they’re be doing looks like 80 plus speakers over six days, 10 plus topics and they’re given away $120,000 dollars in gifts and prizes. Good luck. Hope it helps. Have a great 4th of July. See you on the next video. Hubert.  

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