Tesla (TSLA) Price Near $450.27; Heads Up For the 4th Day In A Row, Breaks Above 20 Day Average, in an Uptrend Over Past 90 Days

The Hourly View for TSLA

Last Updated September 15, 2020, 23:5 GMT

At the time of this writing, TSLA’s price is up $22.78 (5.43%) from the hour prior. This is a reversal of the price action on the previous hour, in which price moved up. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50 and 100 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Tesla Inc Daily Price Recap

Tesla Inc is up 12.58% ($46.9) since the day prior, marking the 4th day in a row an upward move has occurred. The price move occurred on volume that was up 33.82% from the day prior, but down 13.98% from the same day the week before. The daily price chart of Tesla Inc below illustrates.


Tesla Inc Technical Analysis

Notably, Tesla Inc crossed above its 20 day moving average yesterday. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. For additional context, note that price has gone up 9 out of the past 14 days.

Overheard Around the Web

Here’s what one trader on StockTwits recently had to say in regards to TSLA:


    In an effort to provide full transparency with the alerts.

    Here are the results for today in premium!
    (only posting realized gains/losses. If I haven't closed the position, I won't post it!)

    Back to back $40k days AND back to back days with 3 or more 100% runners in PennyBois!

    TSLA | 400% gain on $600c
    TSLA | 100%+ gain on $445c & $405c
    TSLA | 50% gain on $460c
    TSLA | (-4.9% loss) on daytrade
    MRNS| 2.8% gain stop hit day trade
    CLVS | 40% from swing alert
    IPOB | 20% gain from alert
    INO | up 29% from alert
    TLRY | (-6% loss)
    $MRNS | 90%+ profit on a swing alert last month.

    Total P/L = 730.9% potential gain
    Win Rate = 8 of 10 plays (80%)

    NOTE: TSLA $600c was a $10 call option so that all members could afford it :PepeHands:

    That play turned $100 into $400 like magic!

    ( Come join our trading community, we are here to help you get your trading back on track! )