Wednesday, September 16, 2015

#TSLA Bias Update and Levels for Wednesday, September 16, 2015

#TSLA Bias Update and Levels for Wednesday, September 16, 2015SocialTwist Tell-a-Friend


Like NFLX TSLA is also on the move to the upside ahead of the FOMC rate decision and if holding above 255s/54s TSLA has potential to reach 265s/66s then 270s pre-FOMC. If so and if Long TSLA the 270s target is the spot (if reached) to consider scaling some profits &/or getting some protection on to protect profits via short-term Puts.

The TSLA Daily +3Sigma target is currently at 277s but unlikely to get achieved before FOMC tomorrow which is why the need for protection might be needed at or just below 270s if the rate decision does not favor more upside for the overall market.


If below 255s/54s either pre or post FOMC rate decision the line in sand  (LIS) for TSLA is at 248s-243s zone which includes Daily center Sigma and is a must hold in order to have chance of reaching the +3Sigma target at 277s post FOMC.


Ethan Premock
Futures & Options Strategist Hamzei Analytics, LLC

Disclaimer and Terms of Service

© Copyright 1998-2018, Hamzei Analytics, LLC. Hamzei Financial Network is published by Hamzei Analytics, LLC, 6840 Huntington Lakes Circle, Suite 201, Naples, FL 34119, Admin@HamzeiAnalytics.com (310) 306-1200. The information herein was obtained from sources which Hamzei Anlaytics, LLC believes are reliable, but we can not and do not guarantee its accuracy. None of the information, advertisements, website links, or any opinions expressed constitutes a solicitation of the purchase or sale of any securities or commodities. Please note that Hamzei Analytics, LLC or its principals may already have invested or may from time to time invest in securities or commodities that are recommended or otherwise covered on this website. Neither Hamzei Analytics, LLC nor its principals intend to disclose the extent of any current holdings or future transactions with respect to any particular security or commodity. You should consider this possibility before investing in any security or commodity based upon statements and information contained in any report, post, comment or recommendation you receive from us. The content on this site is provided as general information only and should not be taken as investment or trading advice. Any action that you take as a result of information, analysis, or conclusion on this site is ultimately your responsibility. Always consult your financial adviser(s) before making any investment or trading decisions.