Power Plays New Idea: TSLA

March 6, 2023

By Scott Redler

Name: Tesla

Ticker: TSLA

Price: $196.60

Needs to Hold: $183 to $186

Price Objective 1: $214 to $217

Price Objective 2: $235 to $238

Tesla's (TSLA) investor day last week was a bit of a mess.

But the stock is roaring back and could be on the verge of a big breakout.

As long as it can hold the $183 to $186 area (last week's low area), I see potential for it to hit the $214 to $217 range.

But, that may be a spot to actually add.

Because ultimately, there is potential for TSLA to get over $235.

Stay tuned for more updates.

-Scott

Scott Redler Positions Disclosure as of 2023-03-06 at 7.24.55 AM