Learn to Evaluate (TSL) using the Charts
November 15, 2024, 14:00 pm ET, BY Tyler- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for TSL
- Buy TSL near 11.85 target n/a stop loss @ 11.82. Details
The technical summary data tells us to buy TSL near 11.85, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 11.82 to protect against excessive loss in case the stock begins to move against the trade. 11.85 is the first level of support below 13.515, and by rule, any test of support is a buy signal. In this case, if support 11.85 is being tested, a buy signal would exist.
- NONE . Details
NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.
Swing Trading Plans for TSL
- Buy TSL slightly over 13.93, target 16.08, Stop Loss @ 13.89 Details
If 13.93 begins to break higher, the technical summary data tells us to buy TSL just slightly over 13.93, with an upside target of 16.08. The data also tells us to set a stop loss @ 13.89 in case the stock turns against the trade. 13.93 is the first level of resistance above 13.515, and by rule, any break above resistance is a buy signal. In this case, 13.93, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short TSL slightly near 13.93, target 11.85, Stop Loss @ 13.97. Details
The technical summary data is suggesting a short of TSL if it tests 13.93 with a downside target of 11.85. We should have a stop loss in place at 13.97 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 13.93, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for TSL
- Buy TSL slightly over 13.93, target 14.58, Stop Loss @ 13.9 Details
If 13.93 begins to break higher, the technical summary data tells us to buy TSL just slightly over 13.93, with an upside target of 14.58. The data also tells us to set a stop loss @ 13.9 in case the stock turns against the trade. 13.93 is the first level of resistance above 13.515, and by rule, any break above resistance is a buy signal. In this case, 13.93, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short TSL slightly near 13.93, target 13.3, Stop Loss @ 13.96. Details
The technical summary data is suggesting a short of TSL if it tests 13.93 with a downside target of 13.3. We should have a stop loss in place at 13.96 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 13.93, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Graniteshares 1.25x Long Tsla Daily Etf (TSL) available here: TSL.
TSL Ratings for November 15:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Strong |
Neutral |
P1 |
0 |
0 |
6.64 |
P2 |
13.3 |
13.93 |
9.09 |
P3 |
14.58 |
16.08 |
11.85 |
AI Generated Signals for TSL
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Graniteshares 1.25x Long Tsla Daily Etf (NYSE: TSL) report below can help you understand how to do this. The trading plans for TSL, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for TSL: