TSLA potential long opportunitybuy 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
Electric
GE Short PT 23.50 Supp 26Hello, my name is Brett, and I love technical analysis. Last night, I decided to analyze General Electric ( $GE ). The trend lines are all major, minus the lines that had to be added on the 30 minutes chart. Moving averages were all converging, so honestly, it was visible and apparent that GE was at a pivotal moment.
GE Short. Should have posted this last night before the drop, but I did post it in my FB group! :) I bet you the Ichimoku is interesting, too... GE is dead. It'll keep burning... I have a medium-term Price Target of 23.50 based on long-term Technical Analysis with first support at 26 second 26.33, third at 28.36. First time really giving out a price target but hey... I call plays every day.. might as well see and publicly document for complete transparency ...
In the Facebook group I posted at 3:00 am: lmao. GE.. Oh.. you did as predicted... Some of you might not see many of my Technical Analysis posts anymore if you aren't in the group I'm adminning BUT last night at 3:00 am I said, "I'm bearish on GE. They could perform a miracle tomorrow and move price action up 5%, and it would still continue burning. Moving averages are bearish. The trend is bearish. And the pattern is bearish."
mind you this was posted at 3:00 am, before price action was moving.
Expect a hit on the DOW is GE can't be offset by the outbreak down.
ge - general electricI'm long the 31 February calls of GE, I do have the positive expectancy that the stock will bounce from the Yearly Pivot of 31 area, and move 35 area.
we'll see in the upcoming days if the 31 pivot point will hold and an upside breakout will occur.
anybody following this idea, should place stops on the 30-31 area.
TSLA is Super ChargingEarnings beat est and production guidance is very ambitious. After market pop up as high as 235, waiting for tomorrow's open and pre-market action. Waiting for breakthrough or re-test @243 (1st Resistance/Support). Searching for formation,
OBV and DMI signaling bearish tendency, but RSI indicates short run upside. TSLA could consolidate in a downward or upward manner or dramatic as I have illustrated.
The Tesla unicornSolar stocks such as SUNE, SCTY have been hammered real hard for the past 3 weeks. Tesla is not a unicorn immune to the global deflationary forces.
Like many, Tesla relies on cheap debt to finance its research and development. This isn't sustainable when Janet Yellen is no longer supporting the market with Quantitative easing (QE). It is also on the verge of breaking down from the rising wedge developed since November 2013.
Stop loss: 236.72
Take Profit: 132.02
Entry: 212.94
Overall, I'm still bullish in the long term prospect of Tesla and at $120 it is almost certainly a good buy.
The Case for USA Electric Utilities, even with Rising USA RatesRunning Alpha Capital Markets observes that higher rates are not always a headwind, as the not too distant record shows that the electric utilities group can outperform and offer a margin of safety.
During the last period of higher rates, from mid 2004 to mid-2006, the FOMC hiked rates 16 times, and despite these incremental actions, electric utilities actually outperformed the broad USA equity market indices by a fairly wide margin.
The electrics don't start to significantly under-perform until the Fed funds rate passes the yield of the average electric utility stock; and we will be no where near there even after a number of measured hikes.
Absolute returns on electric utilities are likely to stay rich, regardless of what interest rates do over the next market cycle.
Looking at the average electric utility investor, who are the buy and hold type of market actor, we still have good electric utility yields out there relative to what the Treasuries offer, and on top of that, the electric utilities have attractive balance sheets with good dividend growth and compelling absolute total returns.