Tesla Inc (NASDAQ:TSLA) HEFFX Stands On $250 Target

Tesla Inc (NASDAQ:TSLA) HEFFX Stands On $250 Target

Tesla Inc (NASDAQ:TSLA) HEFFX Stands On $250 Target

  • According to the Guardian Newspaper, Tesla workers are passing out on the factory floor.
  • Fainting spells, dizziness, seizures and other symptoms have led to more than 100 calls to ambulances since 2014
  • Tesla has said its factory safety record has significantly improved over the last year.

Overall, the bias in prices is: Upwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

Note: this chart shows extraordinary price action to the upside.

By the way, prices are vulnerable to a correction towards 145.19.

The projected upper bound is: 157.06.

The projected lower bound is: 148.57.

The projected closing price is: 152.81.

APPLE INC closed up 2.290 at 152.540. Volume was 25% above average (neutral) and Bollinger Bands were 80% wider than normal.

Open           High           Low             Close          Volume
151.270      153.340      151.130       152.540      33,568,216

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period         50-period       200-period
Close:                       153.32              144.67             123.70
Volatility:                30                     18                     20
Volume:                  33,119,234      25,450,230     30,491,966

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

APPLE INC is currently 23.3% above its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect moderate flows of volume into AAPL.O (mildly bullish). Our trend forecasting oscillators are currently bullish on AAPL.O and have had this outlook for the last 15 periods.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 36.5363. This is not an overbought or oversold reading. The last signal was a sell 1 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 60.85. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 1 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 22. This is not a topping or bottoming area. The last signal was a sell 2 period(s) ago.


The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 0 period(s) ago.


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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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