$Tesla (TSLA.US)$ Good chance Elon makes another play to rai...
Good chance Elon makes another play to raise the stock like he did increasing the price of the two high end models. I would not be in the least bit surprised to see a push for $180 next week that being all the macro factors holding or improving next week..
FYI, I bought put contracts on Tesla for earnings. Looking at the price action today makes me think there’s going to be some buying next week. most likely would have sent it down further today if that was the plan from the funds.
I do not own Tesla. I’ve been trading it for 10 years. With decent results. If there’s one thing I know about the stock is that it likes to do the opposite of what everybody thinks it will do. I bought 10 contracts of the $170 call for next week. We’ll see how that turns out.
good luck to all and be careful.
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SPACELIGHT : I'll take $170 with a smile, all things considered (fundamentals and technicals), I'll have died and gone to heaven if the price hits $180.
70729741OP SPACELIGHT: Well I do see $170+ should the macro not break down. I have seen numerous times Elon make a statement to bring the stock back to previous levels. Not saying he will it’s just accumulated knowledge of watching this play out dozens of times over the years.