Two trade setups for December 10: TSLA bullish above $395 targeting $399, bearish below $390 targeting $384.50. AI stock bullish above $46.50 targeting $50, bearish below $45 targeting $43.50. Charts use 4-EMA and pivot points from TradingView and Moby.
Chapters
Hey traders, it is Tuesday, December 10th at 6:37 AM. We're looking at some pre-market trades. It was a little difficult this morning. They weren't, uh, there wasn't a lot of volume, so I'm a little bit late getting this out today. But the first thing that we want to look at is Tesla. So this one here, the daily chart, we had some prints yesterday, $200,000, not really a big deal. We're above those. We had a bit of a pullback, But we pulled back to the 4 EMA, and now we're moving up, right? So this is still kind of bullish even though we had this big volume here. So let's be careful for Tesla. I've got us bullish above 395 with a target of 396, 397.16, and 399. And we're bearish below 390. So if we come back below here, 390, our target is 388. $387.24, and then all the way down to $384.50. Now these pivots here, they actually wind up moving. They're from yesterday. So with TradingView, I'm trying to get these pivots where they actually come in on the actual day. So what we do here is in Moby, we do have the pre-market candle with all of that sort of information. So we'll go over here and then we'll look at Tesla here. So this is all of our support and resistance here. So when we look at this, we want to be bullish above $395, right? So Bullish above this resistance here, and then our target of 396, 397.16 up here, and then all the way up to 399, right? Which would be the top here. Now this is a 5-minute chart. And then if we're gonna turn around and scalp it on the downside, we will be bearish below 390. So down here, and our target is 388, 387.24, and 384.50. We'll come all the way down to $384.50 around this level, $384.88. So we've got that one. The other one that we're actually looking at is AI. So they had earnings and this one here, I was doing this one this morning and I had to redo it from scratch because it hit all of my targets pre-market. So here we're going to be bullish above $46.50 with a target of $47. And then appeared 47.27, 47.32, something like that. 48.20 and then 50. So we're looking left here at these 48.20, 48.50, the high over there. We'll be bearish below 45. So if we break below 45, we've got a target down here, 44.64, down to this level, 44, 43.50. Okay, so those are 2 great trade setups for you today. Let us know in the comments below how you're doing if you're following our trade setups for the week. We're doing really well. This is week 2. So, um, yeah, don't forget to like and subscribe, and happy trading everyone!
