Labor Day will keep U.S. equity markets closed on Monday, making Tuesday Sept. 8 the first trading day of next week. With that in mind, let’s look at a few top stock trades ahead of a long three-day weekend.
Top Stock Trades for Tuesday No. 1: Tesla (TSLA)
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The volatility over the last few days has been palpable and Tesla (NASDAQ:TSLA) is target No. 1 for many traders.
After a couple of tough days shares are finding buyers — a pullback of which doesn’t look bad at all amid the current run, even though shares fell more than 25% from the peak to the recent low.
The 261.8% extension and 20-day moving average are acting as support, while the 10-day moving average is acting as