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TSLA Market Action: 2018 Investor Roundtable

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Isn’t 350 the magic number?

Option_Sniper on Twitter
TSLA going to hike higher very likely. again, 348 is KEY. if b/o 348 and hold above it, see 351 355 or even 362 coming

He has been pointing out $348 for a few days now, and yesterday's price action kinda proved $348 is where it's at technically.

EDIT: Today's price action proves it as well: went over $348 three four times and got pushed down again. Lots of profit taking at that level I imagine. Upper bollinger band at $374 now so we have some headroom for a clean run if we breach with volume :).
 
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Funny thing is - we are where we were after last quarter's earnings. This quarter earnings are infinitely better than last quarter's.
yes, but we've also been through some SEC nonsense. Just like heavy selling (or buying) affects the price more than the same volume spread over a longer period of time I think the hits cost more than the recovery returned.

I think the steady buying pressure is likely to continue and represents, at least in part, a correction from the lawsuit. Obviously the 3Q results are involved as well and probably weigh more heavily, but regaining ground takes more time than losing it.
 
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Option_Sniper on Twitter
TSLA going to hike higher very likely. again, 348 is KEY. if b/o 348 and hold above it, see 351 355 or even 362 coming

He has been pointing out $348 for a few days now, and yesterday's price action kinda proved $348 is where it's at technically.

Hope he is correct -- I still haven't rolled my Jans 19(prior LEAPS yet)
--Still 72 days left. Sold PUTS will have good theta decay. For Calls am expecting SP to test atleast ATH soon..
will roll before 50-60 days remaining ...
 
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