Tesla Inc. ($TSLA) has shown significant bullish momentum recently, with its stock price testing key technical levels. As of July 1, 2024, Tesla's stock is trading over $203, following a strong performance in June marked by a bullish monthly candle. The stock has moved from $140 to $206 and is now testing the overhead 200SMA, with the next target being the 200D. Analysts and traders are optimistic, with some predicting a potential rally to $212.59. The stock is up 5% this morning, and options activity has been robust, with a net options delta of +3.7 million shares. A call buying program is pushing the stock higher, and a technical analyst has suggested that Tesla's stock could rally by 40% in the next four months, citing confirmed bullish accumulation.
$TSLA longer term new position I scaled into the past month also looking nice. June 2026 $250 calls in various accounts but here's one already up +40% nearly. Would like to hold for a year or more if this is the turning point for growth it could be a wild 2025 to the upside, andโฆ https://t.co/g6IkgwImuM
$TSLA bot more positions https://t.co/c7Zy6x8CPu
BREAKING: TECHNICAL ANALYST SAYS $TSLA STOCK COULD RALLY BY 40% IN NEXT 4 MONTHS ๐ He says we have a confirmed bullish accumulation! https://t.co/SANLWYUnwl
$TSLA - trimmed another 10% hitting a double on Sep 190s Wonโt sell anymore here as good profits / premium in, with firm hedge on We harvested and waited. ๐
$TSLA #update Meeting All Targets, now looking for 212s Guidance @TENETTRADEGROUP https://t.co/vKaIFkUuUE https://t.co/f8PKTjLk7G
$TSLA Net Options Delta: +3.7M shares https://t.co/1Gzor7CTZh
๐ $TSLA is rallying this morning, up 5% ๐ #TheMorningTrade โก๏ธ Tim Biggam has a โguardedly bearishโ strategy on Tesla:
$TSLA continues to act well from out bottom of yearly Value Area trigger @MarketWebs & I remain long. next upside levels to watch $212.59 1hr VPOC & $209.2 https://t.co/4DVDKNBpxL
$TSLA daily โฌ๏ธ Slanted IH&S breakout following up from our $200 long setup. https://t.co/MWkqtC9Hfq
$TSLA bot long positions heavy key to start : 210+ https://t.co/c2brkuQ0RB
$TSLA call buying program pushing hard today
$TSLA testing the overhead 200SMA Been a solid move from 140 up to 206 now
$TSLA still holding huge positions https://t.co/iRkOx9W3jS
$TSLA locked most of my positions for profits! very huge profits!
$TSLA starting the month strong over 203 after the bullish June monthly candle
Tesla is already making new 4-month highs. Looks like it's just getting going. You in? https://t.co/ySmXWYSQkM $TSLA https://t.co/z1wBgbWgXK
$TSLA gave nice trades this week, but struggled to hold at times. 200D next target and a big one. Over it could really wake it up https://t.co/MEUWeOOIbo