Tesla
Long

TSLA potential long opportunity

buy point ~ $355
target ~ $390
stop loss ~ $325

potential gain of approximately 10%
potential loss of approximately 9%

approximately 1:1 risk/reward ratio. this is a high risk, high reward stock as it tends to make quick moves either to the upside or the downside, however, if it does approach the target of $390, it can potentially reward you very quickly far beyond the $390 mark given the model 3 rolls off the lines as planned.

keep in mind, this is still a very risky stock, as if the model 3 delivery is delayed or if there are any widespread defects, the company will lose a lot of its hype and hype is what appears to drive this stock.

catalysts for this stock in the upcoming months:
+earnings reports
+the tesla model 3
autonomousbatteryBeyond Technical AnalysiscarsChart PatternselectricsolartechnologyTrend AnalysisTesla Motors (TSLA)

Disclaimer