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Tesla Inc.

Market Opportunities - 11/01/2022

11 January, 2022

The example below uses Contracts For Difference (CFDs). Calculations are only on the price of the specific instrument on the date below and calculations indicate a possible opportunity for profit or loss. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk.

Tesla Inc. weekly uptrend opportunity based On 1.00 Lot Calculation:

  • Tesla Inc. designs, manufactures, and sells high-performance electric vehicles and electric vehicle powertrain components. Tesla sells more than five fully electric cars, among others, the new Model Y, the Model S sedan and the Model X SUV, and the Model 3 sedan, which is among the world's top-selling electric cars.
  • EVENT: Q4 EARNINGS RESULTS (NEW RECORDS TO BE SET) (EXPECTED: JANUARY 27, 2022). The company is expected to report a revenue figure of $15.08 billion (new record) for the fourth quarter of 2021, accompanied by a record high earnings of $1.80 billion. Mr. Elon Musk (CEO) is expected to again participate in the conference calls, and this time he will be expected to speak about Cybertruck and Semi-Truck delivery dates. He might also make a mention on the next big model (a lower-cost Electric Vehicle).
  • Q4 CAR DELIVERY DATA (NEW RECORD REPORTED ON JANUARY 2, 2022). Tesla said it delivered 308,600 electric vehicles in the fourth quarter of 2021, beating its previous single-quarter record (241,300) as well as analysts’ expectations (267,000). For the full year, Tesla delivered 936,172 vehicles, an 87% increase versus 2020.
  • STATISTICS: THE STOCK HAS RISEN 6 OUT 8 TIMES IN THE LAST EIGHT QUARTERS BETWEEN QUARTERLY DELIVERY AND THE EARNINGS DATE: Tesla stocks tend to rise between the car delivery date and quarterly earnings date, which has been the case for 6 out of the last 8 quarters. The data was derived from stock price changes between the day Tesla issues its previous quarter car delivery data and the day they announce previous quarter results, which typically spans around three weeks. This shows that investors try to predict quarterly results by having information on car delivery data. The average increase is 21.59%.


Data Source: Fortrade MT4 Platform

Please note that past performance does not guarantee future performance.

  • GIGAFACTORIES (GERMANY+U.S.A.+CHINA): Tesla will be expanding production in Berlin, Germany and Austin, Texas (USA). Meanwhile, they have expanded capacity with the Shanghai gigafactory.
  • ANALYST OPINION: Goldman Sachs forecasts $1200 a share. Wedbush analyst Deni Ives raised Tesla Prices Target to $1,400 from $1,100. Morgan Stanley forecasts $1300. Deutsche Bank forecasts $1200.
  • TESLA STOCK PRICE ACTION: The Tesla stock may see upside potential of around 17%. The stock fell from its recent all-time high of $1243.25 to test levels below 900. This marked a correction of around 30%.

Tesla Inc., (#TSLA) January 11, 2022
Current Price: 1060

TESLA Inc.

Weekly

Trend direction

UP

Resistance 3

1300

Resistance 2

1240

Resistance 1

1200

Support 1

950

Support 2

900

Support 3

870

Example of calculation base on weekly trend direction for 1.00 Lot*

TESLA INC.

Pivot Points

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

Profit or loss in $

240,000.00

180,000.00

140,000.00

-110,000.00

-160,000.00

-190,000.00

Profit or loss in €**

211,474.24

158,605.68

123,359.97

-96,925.69

-140,982.83

-167,417.11

Profit or loss in £**

176,342.22

132,256.67

102,866.30

-80,823.52

-117,561.48

-139,604.26

Profit or loss in C$**

303,456.00

227,592.00

177,016.00

-139,084.00

-202,304.00

-240,236.00

* 1.00 lot is equivalent of 1000 units
** Calculations for exchange rate used as of 09:15 (GMT) 11/01/2022
Fortrade recommends the use of Stop-Loss and Take-Profit, please speak to your Client Manager regarding their use.
*** You may wish to consider closing your position in profit, even if it is lower than suggested one
**** Trailing stop technique can protect the profit – Ask your Client Manager for more details

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Risk Warning and Disclaimer

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 72% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Be Aware: You can lose all, but not more than the balance of your Trading Account. These products may not be suitable for all clients therefore ensure you understand the risks and seek independent advice. You do not own, or have any interest in, the underlying assets. Fortrade Canada Limited is an Order Execution Only broker, and does not provide investment advice or recommendation. Fortrade is a member of the Investment Industry Regulatory Organization of Canada (IIROC) and a member of the Canadian Investor Protection Fund (CIPF). Fortrade Canada Limited is authorised to provide CFD trading services in all provinces in Canada except Quebec. Residents of Alberta province are required to be Accredited Investors to trade CFDs.
CFDs are complex and highly speculative instruments, which come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing all your invested capital. Be Aware: You can lose all, but not more than the balance of your Trading Account. 80% of retail investor accounts lose money when trading CFDs with this provider. These products may not be suitable for all clients, therefore ensure, that you understand the risks and seek independent advice. Should you proceed with investment in CFDs on virtual currencies, please note, that the values are highly volatile and may result in a significant loss for a short period of time. This material does not constitute an offer of, or solicitation for, a transaction in any financial instrument. Fortrade accepts no responsibility for any use that may be made of the information and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information, consequently any person acting on it does so entirely at their own risk. The information on this site is not directed at residents of the United States or Belgium and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.