{"id":29711,"date":"2018-06-14T09:25:51","date_gmt":"2018-06-14T14:25:51","guid":{"rendered":"http:\/\/www.t3live.com\/blog\/?p=29711"},"modified":"2018-07-09T12:29:47","modified_gmt":"2018-07-09T17:29:47","slug":"scott-redler-tsla-drive-360","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2018\/06\/14\/scott-redler-tsla-drive-360\/","title":{"rendered":"Can Tesla Drive Away to $360?"},"content":{"rendered":"<p><strong>Tesla <\/strong>(TSLA) has been a real battleground stock lately. Last week it had a big day on volume, clearing $301 and then the $310 area.<\/p>\n<p>On Monday morning, I said \u201cf it holds the $317 area, volume could come in to clear last week\u2019s high.\u201d<\/p>\n<p>Well, volume came in and it hit $354.66. Wow!<\/p>\n<p>It could use a few days off. But if it can flag above the $338 area and let the moving averages catch up, maybe it can take out $360.<\/p>\n<p><span class=\"tve_image_frame\"><img fetchpriority=\"high\" decoding=\"async\" class=\"tve_image wp-image-29713\" alt=\"\" title=\"tsla 6_14\" data-id=\"29713\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/tsla-6_14.png\" width=\"1200\" height=\"800\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14.png 1200w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-150x100.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-300x200.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-768x512.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-1024x683.png 1024w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-80x53.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-220x147.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-225x150.png 225w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-357x238.png 357w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-623x415.png 623w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-731x487.png 731w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/tsla-6_14-893x595.png 893w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/span><\/p>\n<p><strong>Facebook <\/strong>(FB) had a lot of news about privacy\/data issues last week. It had a Red Dog Reversal around the 21 day on Friday. It got a nice push in the past few sessions. If it can hold the $192 area, perhaps it clears the $195 area.<\/p>\n<p><span class=\"tve_image_frame\"><img decoding=\"async\" class=\"tve_image wp-image-29714\" alt=\"\" title=\"fb 6_14\" data-id=\"29714\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/fb-6_14.png\" width=\"900\" height=\"800\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14.png 900w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-150x133.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-300x267.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-768x683.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-80x71.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-220x196.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-113x100.png 113w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-169x150.png 169w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-268x238.png 268w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-467x415.png 467w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-548x487.png 548w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/fb-6_14-669x595.png 669w\" sizes=\"(max-width: 900px) 100vw, 900px\" \/><\/span><\/p>\n<p>Tech was at new highs and then sold down a bit after the Fed with a small topping tail.<\/p>\n<p><strong>QQQ <\/strong>hit a high of $177.14. We\u2019ll see if we get more follow-down selling. As long as it holds the 8 day, it can stay special. <\/p>\n<p><span class=\"tve_image_frame\"><img decoding=\"async\" class=\"tve_image wp-image-29715\" alt=\"\" title=\"qqq 6_14\" data-id=\"29715\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/qqq-6_14.png\" width=\"1000\" height=\"800\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14.png 1000w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-150x120.png 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-300x240.png 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-768x614.png 768w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-80x64.png 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-220x176.png 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-125x100.png 125w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-188x150.png 188w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-298x238.png 298w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-519x415.png 519w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-609x487.png 609w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/qqq-6_14-744x595.png 744w\" sizes=\"(max-width: 1000px) 100vw, 1000px\" \/><\/span><\/p>\n<p>P.S. For the first time ever, Scott\u2019s teaching his unique method of game planning that could be your answer to trading frustration.<\/p>\n<p>And it\u2019s going down live:<\/p>\n<p><strong><a href=\"https:\/\/www.t3live.com\/blog\/active-trader-summit\/\"><u>Learn About the Active Trader Summit<\/u><\/a>.<\/strong><\/p>\n<p><span class=\"tve_image_frame\"><img loading=\"lazy\" decoding=\"async\" class=\"tve_image wp-image-29716\" alt=\"\" title=\"active-trader-summit-11\" data-id=\"29716\" src=\"\/\/www.t3live.com\/blog\/wp-content\/uploads\/2018\/06\/active-trader-summit-11.jpg\" width=\"600\" height=\"275\" srcset=\"https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-11.jpg 600w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-11-150x69.jpg 150w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-11-300x138.jpg 300w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-11-80x37.jpg 80w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-11-220x101.jpg 220w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-11-218x100.jpg 218w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-11-280x128.jpg 280w, https:\/\/blog.t3live.com\/wp-content\/uploads\/2018\/06\/active-trader-summit-11-510x234.jpg 510w\" sizes=\"(max-width: 600px) 100vw, 600px\" \/><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla (TSLA) has been a real battleground stock lately. Last week it had a big day on volume, clearing $301 and then the $310 area. On Monday morning, I said \u201cf it holds the $317 area, volume could come in to clear last week\u2019s high.\u201d Well, volume came in and it hit $354.66. Wow! It could use a few days off. But if it can flag above the $338 area and let the moving averages catch up, maybe it can take out $360. Facebook (FB) had a lot of news about privacy\/data issues last week. It had a Red Dog Reversal around the 21 day on Friday. It got a nice push in the past few sessions. If it can hold the $192 area, perhaps it clears the $195 area. Tech was at new highs and then sold down a bit after the Fed with a small topping tail. QQQ hit a high of $177.14. We\u2019ll see if we get more follow-down selling. As long as it holds the 8 day, it can stay special. P.S. For the first time ever, Scott\u2019s teaching his unique method of game planning that could be your answer to trading frustration. And it\u2019s going down live: Learn About the Active Trader Summit.<\/p>\n","protected":false},"author":4,"featured_media":21349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[671,76],"tags":[],"class_list":["post-29711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-no-ads","category-scott-redler"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=29711"}],"version-history":[{"count":6,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29711\/revisions"}],"predecessor-version":[{"id":31157,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/29711\/revisions\/31157"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/21349"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=29711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=29711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=29711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}