JIANG_LIM
08-13
$Tesla Motors(TSLA)$  

Tesla had a strong push earlier in the day, climbing to around $345, before cooling off and dipping back toward $338. For me, this does not means "breakout failed” and instead feels like the market taking a breath before deciding on the next move.

Why I still lean bullish:

• Normal in big moves: Strong stocks often make a run, then shake out traders with a quick pullback. This flushes out weak hands and gives institutions a chance to reload.

• Macro backdrop still friendly: Yesterday’s cooler inflation numbers have given growth stocks breathing room. The Fed may not be as aggressive, which usually works in Tesla’s favor.

• Tesla’s unique attention cycle: When TSLA moves, it is not just price action. Media, retail traders, and big funds all pile in. That attention creates self-feeding momentum.

What I am watching closely now:

• If we hold above $335, that is still strong structure for a move back toward $345.

• If we push through $345 again with volume, that opens the door to $355 to $360 in the short term.

• A drop below $335 could mean the market needs to digest longer before the next push.

Personally, I think this pullback feels like a “reload” moment, not the end of the move. It has that same rhythm we have seen in past Tesla rallies where the dip buyers step in aggressively once the price stabilizes.

So what do you think… is this dip a chance to jump in before the next run, or is Tesla hinting that it might cool off for a while? 



SeptemBEAR is here: Are Your Portfolio Ready for Volatility?
In September, the VIX may fly as we may see September Effect hit again. ------- 1. Is the market in danger with September effect approaching? 2. What's your strategy to cope with risks?
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Comments

  • JusticeC
    08-13
    JusticeC
    Spring-loading for another upward move, possibly breaking the $350 mark. Cmon!
  • Porter Harry
    08-13
    Porter Harry
    Agree with you. I’m also observing it closely.
  • Reg Ford
    08-14
    Reg Ford
    Dip’s a reload—$335 holds, next stop $345+. Jump in before the run!
  • DIMCO
    08-13
    DIMCO
    I agree, this feels like a classic reload moment
  • twisty
    08-13
    twisty
    Buy the dip
  • racheltrt
    08-13
    racheltrt

    Great article, would you like to share it?

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