tsla

Why I’m watching: Big beat on revenue, miss on profit, and a tax-credit hangover ahead

Elon Musk just disclosed a $1 billion stock purchase - more than 2.5 million Tesla shares, bought Friday across different prices. That filing hit the wire, and TSLA immediately ripped higher, +3.6% on Monday, closing at $410.04.

$TSLA’s signals depend on your view: a golden cross hints at bullish momentum with RSI near oversold—buy! But a death cross, delivery misses, and Musk’s controversies urge caution. Act fast, align with data, and use a stop-loss.

The first Target mentioned in the initial Tesla idea was the Cluster zone of the Wolf Target Line and the lower Trend Line of the Parallel Channel. This Trend Line was hit, however, missing the Target Line of the Wolf.

Crazy German story: German magazines are currently showing how to get rid of Tesla from globally/US investing ETFs or hedge its upside with a short position corresponding to the Tesla share of the ETF to turn Tesla into a +-0 position. 

Tesla's always an interesting ticker for many stock traders because of its liquidity and volatility, but what do the technicals say right now?