Elon Musk to Reportedly Slash Jobs at TSLA

Here are our top 3 trade ideas today – these setups look primed!                                                                                                                                                                                                                                                                                                                                                                                                                 December 21, 2022 | [Read Online]( Elon Musk to Reportedly Slash Jobs at TSLA [fb]( [tw]( [in]( [email](mailto:?subject=Post%20from%20360wallstreet&body=Elon%20Musk%20to%20Reportedly%20Slash%20Jobs%20at%20TSLA%3A%20%0A%0Ahttps%3A%2F%2F360wallstreet.beehiiv.com%2Fp%2Felon-musk-reportedly-slash-jobs-tsla) Good day, 360 – Here are our top 3 trade ideas today – these setups look primed! And make sure to check out the Market News roundup at the bottom.Be the best prepared trader on the Street! NKE - Soars 12% after beating earnings on top and bottom line TSLA - Announces hiring freeze, possibly more job cuts next quarter VERO - Venus Concepts up over 70% in pre-market after receiving 510(k) clearance from FDA to market its AI.ME next generation robotic technology for fractional skin resurfacing Jeff Williams Is Doing Something Special for You Today! He’s Doing This for RagingBull Readers (including you, 360!) and No One Else. Unlimited [Market Navigator]( Trade of the Day Access: [Only $1599 $29 to Get Started Right Away]( Daily Trades of the Day + Live Trading Await! [>> REALLY Tight Time Limit on this Deal <<]( 🎄Merry Christmas and Happy Holidays 🎄 NKE - Soars 12% after beating earnings on top and bottom line Nike announced EPS of $0.85 vs $0.65 expected and revenue of $13.3 billion vs analyst estimate of $12.57B. Revenue was up over 17% year over year (YoY). NKE had strong outperformance in the U.S (30% YoY) with an 11% increase in sales in Europe. China revenue slipped 3%. The after hours high was $118.28 and that will be an important test for bulls today. Above it, targets to the upside are $120, $122 and $124. To the downside, there is potential support at $114, $110 and a gap to fill at $103.21. TSLA - Announces hiring freeze, possibly more job cuts next quarter According to Elektrek, Tesla told employees that it is conducting a hiring freeze and that another wave of layoffs could be coming next quarter. After another day of selling yesterday, this news has sent TSLA 1.23% higher in the pre-market. TSLA has been one of the weakest large cap momentum stocks over the past couple of weeks so this could be a catalyst for a bounce in the name. $141 was a resistance level in the pre-market this morning so that is likely to be an important pivot level today. Above it, targets to the upside are $144.20, $148.20 and then $150. Below $141 there is potential support at $138.50 from the pre-market. Yesterday’s low of $137.66 represents 52-week lows in TSLA with the next potential support levels below that at $136, $132 and $126.37. VERO - Venus Concepts up over 70% in pre-market after receiving 510(k) clearance from FDA to market its AI.ME next generation robotic technology for fractional skin resurfacing 510(k) clearance allows VERO to market its non-surgical robotic technology. The company said it looked “forward to introducing our first AI.ME systems with Venus Concept’s leading physician partners in 2023.” According to Finviz as of yesterday’s close, VERO had a market capitalization of only $16.42 million and a float of 63.3 million shares. Pre-market resistance in VERO was around $0.50 and is an important level for the bulls. Above that, the next major levels of potential resistance are $0.55, $0.60, $0.65 and $0.75. Above that, $0.80, $0.90 and $1 are in play. Below $0.50 there is potential support at $0.36, $0.3240 and a gap to fill at $0.2520 which was yesterday’s close. Economic Calendar Wednesday MBA Mortgage Applications 7:00am ET Current Account 8:30am ET Consumer Confidence 10:00am ET Existing Home Sales 10:00am ET EIA Petroleum Report 10:30am ET Earnings for Wednesday After Market: MLKN, MU, QIPT HTGM HTG Announces One-for-Twelve Reverse Stock Split GVA Granite Selected for Approximately $174 Million Los Angeles World Airports Construction and Rehabilitation Project ATRA Atara Biotherapeutics Announces $31 Million Royalty Interest Financing Agreement with HealthCare Royalty FULT Fulton Financial Corporation Announces Quarterly Dividends and $100 Million Stock Repurchase Program Citadel Returning Roughly $7 Billion In Profits to Clients, Sources Say two Sigma Returning Profits To Investors In Spectrum Fund Brevan Howard Asset Management Returning Some Profits To Clients Caxton Associates Raising Performance Fee For Some Flagship Share Classes [Reuters]( LCID Lucid Begins Deliveries of Lucid Air Dream Edition to Customers in Europe, Confirms Official WLTP Driving Range of up to 883 km WKEY WISeKey Reaffirms its 2023 Growth Forecast; Expects to Exceed FY 2022 Revenue Guidance due to Steady Demand for Semiconductors GM recalls 150k Chevrolet Bolt EVs over fire risks in North America EVGN Biomica Raises $20 Million in a Financing Round to Advance its Pipeline of Microbiome-based Therapeutics PLTR UK Ministry of Defense awards Palantir £75 million Enterprise Agreement NKE "We believe the inventory peak is behind us as actions we’re taking in the marketplace are working" --Nike on earnings call yest TSLA Tesla to implement hiring freeze and new round of layoffs - [Electrek]( TSLA Elon Musk says he will step down as Twitter CEO once he finds a replacement – CNN PFE Pfizer Announces FDA and EMA Acceptance of Etrasimod Regulatory Submissions for Ulcerative Colitis HBT HBT Financial, Inc. Announces Authorization of New $15 Million Stock Repurchase Program VUZI Vuzix Signs Distribution Agreement with Elmark Automation and Receives Initial Volume Smart Glasses Order GH Guardant Health and Susan G. Komen® Partner to Develop Clinical Studies to Identify Early-Stage Breast Cancer Patients Who May Benefit from Additional Monitoring or Therapy To Your Success! 62 Calef Hwy #233 Lee, New Hampshire 03861 United States Questions or concerns about our products? Email [Support@360wallstreet.io]( © Copyright 2022, RagingBull - Refund Policy - Privacy Policy - Terms & Conditions Disclaimers: THIS IS AN ISSUER-PAID ADVERTISEMENT, SEE DISCLOSURE BELOW ISSUER-PAID ADVERTISEMENT: This Issuer has paid RagingBull.com, LLC (“Raging Bull”) seventeen-thousand five hundred dollars to run advertisements enhancing public awareness of the company. RagingBull is currently invested in this company. 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