{"id":76602,"date":"2024-12-09T09:18:08","date_gmt":"2024-12-09T14:18:08","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=76602"},"modified":"2024-12-09T09:18:42","modified_gmt":"2024-12-09T14:18:42","slug":"scott-redler-tesla-400","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/12\/09\/scott-redler-tesla-400\/","title":{"rendered":"Tesla $400? Is It Time?"},"content":{"rendered":"

Brought to You By Scott Redler's Power Plays – Get My #1 Idea Every Week.<\/span><\/a><\/b><\/p>\n

\"\"<\/a><\/p>\n

We have mixed markets around the world as China stands out with\u00a0FXI<\/b>\u00a0+6%.<\/p>\n

The PBOC published a very dovish report with looser monetary policy and more forceful fiscal support.<\/p>\n

Here in the US, the Mag7 names have been the stars lately, which is why we've been so active in\u00a0AAPL<\/b>,\u00a0META<\/b>,\u00a0TSLA<\/b>, and\u00a0AMZN<\/b>\u00a0in\u00a0Power Plays the past month.<\/b><\/a><\/span><\/p>\n

Unfortunately, I took off Amazon way too early.<\/p>\n

AAPL<\/b>: I\u2019ve been buying dips the past few weeks as it rebuilt and worked higher. I focused on buying through $230 and $237 and it hit $244+ to manage. I sold my calls into strength. It's been digesting a few days. If it breaks $241.25, we'll see how it handles the 8 day.<\/p>\n

TSLA<\/b>\u00a0<\/b>continues to reward longs for buying pre- and post-election. Last week, the strategy was to be long above $348 and add above $361. It's at $395+ so I trimmed some this morning. If it holds higher, it could see the $414.50 all-time high from 2021.<\/p>\n

AMZN<\/b>\u00a0had a mega move to pay investors who sat through all the selling drama and split. It hit $227+ Friday. Active traders also did well through $202ish, and it's acted very well since then. I sold last week and need to be patient now.<\/p>\n

META<\/b>\u00a0gave us a big move. I bought it around $590 and added when it cleared $603. it hit $629+ Friday to manage. I'm still in stock but sold my calls. We'll see if it holds $619 now.<\/p>\n

NVDA<\/b>\u00a0is the subject of an anti-monopoly investigation in China which has it lower. See if it makes a low in the first 5-15-30-60 minutes or if it becomes a headwind today. $140.29 is an important spot, then the 50-day is below near $136.<\/p>\n

\"\"<\/a><\/p>\n

Featured: Join Scott Redler's Plays for $99<\/strong><\/h3>\n

Get Scott's #1 idea each week.<\/p>\n

That's 52 weeks for just $99. (not a typo)<\/p>\n

Be on the list for the next idea:<\/p>\n

See why now's the right time to join.<\/a><\/strong><\/span><\/p>\n

Your Tip for This\u00a0<\/b>Week: Keep an Even Keel<\/b><\/p>\n

I don\u2019t know what\u2019s worse: having too much confidence or not enough.<\/p>\n

So don\u2019t go overboard celebrating your trading wins.<\/p>\n

We want winning to be a normal day at the office — not special occasions that are so rare they\u2019re worth celebrating!<\/p>\n

And don\u2019t go overboard crying over your losses, because underconfidence will prevent you from executing on good trades.<\/p>\n

You have to accept that losing is part of the game.<\/p>\n

Just make sure you lose small, and use those bad trades to figure out what you can improve for next time.<\/p>\n

If you learn from your losses, you\u2019re at least getting something out of them.<\/p>\n

This Week's Calendar<\/b><\/p>\n

We have a busy week ahead with the CPI, PPI, ECB Rate decision plus earnings from ORCL, MDB, and others.<\/p>\n

\"\"<\/p>\n

P.S.<\/strong> Don't forget to check out Scott Redler's Power Plays!<\/a><\/strong><\/span><\/p>\n

*Scott Redler Positions Disclosure as of 2024-12-09 at 8.50.02\u202fAM<\/em><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

Brought to You By Scott Redler’s Power Plays – Get My #1 Idea Every Week. We have mixed markets around the world as China stands out with\u00a0FXI\u00a0+6%. The PBOC published a very dovish report with looser monetary policy and more forceful fiscal support. Here in the US, the Mag7 names have been the stars lately, which is why we’ve been so active in\u00a0AAPL,\u00a0META,\u00a0TSLA, and\u00a0AMZN\u00a0in\u00a0Power Plays the past month. Unfortunately, I took off Amazon way too early. AAPL: I\u2019ve been buying dips the past few weeks as it rebuilt and worked higher. I focused on buying through $230 and $237 and it hit $244+ to manage. I sold my calls into strength. It’s been digesting a few days. If it breaks $241.25, we’ll see how it handles the 8 day. TSLA\u00a0continues to reward longs for buying pre- and post-election. Last week, the strategy was to be long above $348 and add above $361. It’s at $395+ so I trimmed some this morning. If it holds higher, it could see the $414.50 all-time high from 2021. AMZN\u00a0had a mega move to pay investors who sat through all the selling drama and split. It hit $227+ Friday. Active traders also did well through $202ish, and it’s acted very well since then. I sold last week and need to be patient now. META\u00a0gave us a big move. I bought it around $590 and added when it cleared $603. it hit $629+ Friday to manage. I’m still in stock but sold my calls. We’ll see if it holds $619 now. NVDA\u00a0is the subject of an anti-monopoly investigation in China which has it lower. See if it makes a low in the first 5-15-30-60 minutes or if it becomes a headwind today. $140.29 is an important spot, then the 50-day is below near $136. Featured: Join Scott Redler’s Plays for $99 Get Scott’s #1 idea each week. That’s 52 weeks for just $99. (not a typo) Be on the list for the next idea: See why now’s the right time to join. Your Tip for This\u00a0Week: Keep an Even Keel I don\u2019t know what\u2019s worse: having too much confidence or not enough. So don\u2019t go overboard celebrating your trading wins. We want winning to be a normal day at the office — not special occasions that are so rare they\u2019re worth celebrating! And don\u2019t go overboard crying over your losses, because underconfidence will prevent you from executing on good trades. You have to accept that losing is part of the game. Just make sure you lose small, and use those bad trades to figure out what you can improve for next time. If you learn from your losses, you\u2019re at least getting something out of them. This Week’s Calendar We have a busy week ahead with the CPI, PPI, ECB Rate decision plus earnings from ORCL, MDB, and others. P.S. Don’t forget to check out Scott Redler’s Power Plays! *Scott Redler Positions Disclosure as of 2024-12-09 at 8.50.02\u202fAM<\/p>\n","protected":false},"author":4,"featured_media":75075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-76602","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76602","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=76602"}],"version-history":[{"count":3,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76602\/revisions"}],"predecessor-version":[{"id":76608,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76602\/revisions\/76608"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/75075"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=76602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=76602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=76602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}