Power Plays New Idea: TSLA
October 24, 2024

By Scott Redler

Name: Tesla

Ticker: TSLA

Price: $250.21

Needs to Hold: $228 to $241

Price Objective 1: $260 to $275

Price Objective 2: N/A

Tesla (TSLA) is up big after earnings -- but I believe it has room to run into the election.

As long as it can hold the earnings gap area around today's low, it could have some big upside in the next few weeks.

Wall Street still hates it, and it can play catch-up to the other Mag7 names.

So I'm adding it to Power Plays here.

-Scott

Scott Redler Positions Disclosure as of 2024-10-24 at 10.16.03 AM