Pre-market trade setups for TSLA and IONQ recorded at 6:28 a.m. ET on December 12, 2024. TSLA bullish entry above $425.50 targets $430 to $440; bearish support at $420.64. IONQ bullish entry above $29.50 targets $30.50 and higher. Both use 4-EMA and 8-EMA as exit signals, with jobless claims at 8:30 a.m. ET potentially moving markets.
Chapters
Good morning. It is 6:28 a.m. on December 12th, which is Thursday. So we've got a couple good trade setups for you today. One is Tesla. Now this has been on the move for a while, and I am bullish above 425.50 at the time of this recording. So we've had this come back pull pull up above this support one here, but then it's crossing this. 504K print, 424.77. By the time you're watching the video, we would need, maybe need another entry, which would be above 427. And then I'm, my targets were 426.83, 428.89, up to 430, way up here. And then if we break above these, we have to trade them level to level, but I've got us up to 437. And then almost $440K. On the downside though, we'd have to be bearish below $422.50. We'd have to be bearish below this low, and then we can come all the way down to $420.64, $420K, $418.50. We would just follow these down, uh, as, as different supports. $418.94 is a $250K print from yesterday, and so we might look for some support there. And if we break down, Then there you have it. Okay, the next one that we want to look at is IONQ. Okay, so this one's got some pre-market volume today, and we're looking bullish above $29.50. So we've came up and tested this $30 here. That was our increasing volume right at 4 AM. So that's exciting. So we came back down. And, uh, we want to break above $29.50 with some volume. Target $30 back up here, $30.28, $30.50, $30.74, and then all the way up if we break through. So we'll just stay in the trade, take profit along the way, and then if it closes below the 4 EMA, this red one on the way up, or the 8 there together, then that's where we'll get out. Now on the downside, we're bearish below 2887, which will just be down here, just below this one. 2887, target 2850, 28, 2750. This morning at 8:30 Eastern, there's jobless claims as well, so there might be a little bit of market volatility there. Make sure you like and subscribe. MobitickTrading.com. And you'll have another video later in the day to see how we made out with our trading. All right, happy trading everyone.
