New Signal: BUY Tesla (TSLA) Stock Before Earnings Report Due Wednesday After Hours

[vc_row][vc_column width=”1/6″][/vc_column][vc_column width=”2/3″][vc_column_text]Tesla (TSLA) Stock price has been consolidating since September 1st highs at $502.0 price level as investors locked in gains after 425% stock price run in 2020. The third quarter report on Wednesday should meet analysts estimates as Tesla already reported a record number of car deliveries during the last three months. In addition Tesla expected to report future looking statement in regards to new manufacturing and battery technologies that will further reduce Tesla expenses and increase their profitability.

Tesla is currently trading at $440.0 price level and we expect it to hit $480.0 this week. Traders looking for protection, can add a sell stop order at $370.0 price level.[/vc_column_text][/vc_column][vc_column width=”1/6″][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”2859″ img_size=”full” onclick=”link_image” title=”Tesla Chart Analysis “][/vc_column][/vc_row][vc_row][vc_column][vc_single_image image=”2861″ img_size=”full” onclick=”link_image”][/vc_column][/vc_row]

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