The Closing Print live trading and financial blog during market hours.

Apparently TSLA bulls have the baton for a second day, as the stock trades (+4.52%) this morning. TSLA is currently trading (+70 pts) pre-market. Congratulations if you entered yesterday with @leestar and others in the trading room.

TSLA – Followthrough Day

TSLA is respecting its 21d moving average with price action remaining in a bullish trend. RSI is above 50 and rising.

Click to enlarge

TSLA should follow the bullish trend, with price firmly above the 21d thanks to the bulls. The 50d moving average is bullish as well. MACD should turn soon as a function of price.

TSLA and Our Workflow

Backtest your favorite winning positions. Where was price action? The video below explains why TSLA should continue higher. It also explains how this simple strategy can improve your trading results and help you become more consistent.

Futures are higher this morning, as Initial Jobless Claims Fell to 963,000, Lowest Since March.

Join us today in the trading room for our LIVESTREAM broadcast during market hours, as we navigate the current environment. Watch, listen, and trade from 9:20 AM to 4:15 PM Monday through Friday.

Happy Trading, 


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Disclaimer:  Do your Own Research

Our content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional investment advisor in connection with, or independently research and verify, any information that you find on our Website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. Trades and or positions listed and taken from the watchlist are my own and should not be considered “advice” to enter any particular position or asset.

Investment Warnings

We would like to draw your attention to the following important investment warnings. The value of shares and investments and the income derived from them can go down as well as up; Investors may not get back the amount they invested – losing one’s shirt is a real risk; past performance is not a guide to future performance.

Live Sessions

Live broadcasts are educational in their content. Proper risk management is considered on every trade or asset mentioned. 

*** Stocks highlighted are for information purposes only and should not be considered as advice to purchase or to sell mentioned securities. 

As always, the use of technical and fundamental analysis is encouraged in order to fine-tune entry and exit points to average seasonal trends. 

These mentions are stocks that we may or may not decide to trade as outlined in the watchlist. Always use a stop.