Power Plays New Idea: TSLA
November 28, 2023

By Scott Redler

Name: Tesla

Ticker: TSLA

Price: $242.91

Needs to Hold: $225 to $237

Price Objective 1: $270 to $285

Price Objective 2: N/A

Tesla (TSLA) feels ready to slingshot higher so I'm going to make it our second new Power Play of the week.

If the stock gets past the $247 area, it could easily see the $270 to $285 area.

I'm expecting a positive reception to the Cybertruck event on Thursday, which could be the catalyst this stock needs.

On the risk side, it needs to hold the $225 to $237 area to stay out of trouble.


Scott Redler Positions Disclosure as of 2023-11-28 at 11.51.03 AM