To The Moon

Tesla ( $Tesla Motors(TSLA)$ ) – Technical Analysis

• Triangle Breakout: Price has broken out of a consolidation triangle, showing renewed upward momentum.

• Retest and Support: After the breakout, price pulled back to retest the former resistance line, which is now acting as support.

• Higher High: TSLA has also cleared the recent high near 349, confirming strength in the move.

• Next Resistance: The next key resistance lies around 367, which may act as a near-term hurdle.

• Momentum Indicators: MACD is trending upward, reinforcing the bullish setup.

Using DLCs for Short-Term Trading

• Long DLCs:

  Traders anticipating continued upside toward the next resistance (367) may consider using long DLCs ( $TESLA 3xLongSG261006(TSYW.SI)$ ) for leveraged exposure to short-term price movement.

• Short DLCs:

  If price stalls or reverses near resistance, short DLCs ( $TESLA 3xShortSG261006(TSXW.SI)$ ) provide a way to tactically capture potential downside.

• Considerations:

  DLCs are leveraged instruments, magnifying both gains and losses.

  They are designed for short-term trading, not long-term holding.

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