Multi-Timeframe Analysis of $TSLA — August 7th, 2022In this video we analyze Tesla ($TSLA) from various timeframes, utilizing technical analysis, chart patterns, indicators, and maco-economic discourse. By and large, I challenge the perma-bull thesis and give downside targets for the next 2 years that I see on the horizon.
Elonmusk
BITCOIN PRICE PREDICTIONBullish structure on the 15H Timeframe...
its currently on a correction phase within a bullish structures correction phase, the minuet it breaks out the inner structure to push to the upside it will also break the outer structures correction to complete what we call the 90% rule
Doge dropped 64% after signal - now 87% pump incoming? 🚀🚀DOGE dumped 64% (purple price range) after the bear Supertrend Ninja - Clean signals (red vertical line on the background). Now there is a bull signal (green vertical line on the background) indicating a possible bull run to around to 0.13 USD (0.618) or 0.115 USD (0.5) forming Leg A. Which is about 87 (orange price range) possible gain.
DOGE is still below the the Ichimoku Cloud , which is considered bearish . Currently it is trying to break a resistance area at 0.07 USD. The RSI is still in a range/ slightly bullish at 49. RSI Brown at 59. If we take a look at the Average Directional Index ( ADX DI) its starting to look bullish. Currently DOGE is above its Basis Bollinger Band, Band Basis 20 Period SMA . And above the LSMA as well.
In short, DOGE is still in a range on the 2Day chart. Although I see more bullish than bearish elements. Since DOGE price and the RSI are still forming a higher low. I do see an Ascending Triangle (highlighted with two black lines. Which is a bullish sign as well. Let the GAINS begin !!
Remember to always take profits and use proper risk management!
Thank you for reading.
Namasté 🙏
Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
What Indicators Do I Like To Use:
I am using the "Supertrend Ninja - Clean", which is a trend-following indicator (Green and red vertical lines on the background). When the background of the candlestick closes green (vertical line). It indicates a possible bullish (up)trend. And red for possible downtrends.
Bitcoin Weekly Indicators Hinting At A Bottom?
I'm thinking we see a retest of the previous support region around 29-30k before BTC attempts any further downward attempts
The weekly RSI here showing we are at a similar level to the 2018-19 bottom, Could we see an unexpected bullish swing upwards? Fisher indicator also showing signs of a reversal (crossing up)
Interesting point for BTC to be, time will tell.
BINANCE:BTCUSDT
BITSTAMP:BTCUSD
COINBASE:BTCUSD
INDEX:BTCUSD
TSLA LongIn Q1 2022, Tesla Outsold All Luxury and Premium Car Brands In The U.S. and gained 8.6 percent of the total market share of luxury automotive sales. Tesla is showing no signs of slow down. We are now currently at a 1 hour supply zone level and I'm looking for a continuation to the upside because break of previous structure to the upside was broken at 790.00 area. I'm looking for a projection to 1002.00 area first TP. We will react to whatever the market shows us and trade accordingly.
Tesla to Reclaim $1000?This is an idea to trade and identify intraday levels off of. Volume has been present in the market. today price ran out of steam a bit after the open... overall good momentum to the upside on a strong parabolic rally. A small bearish turn here would not surprise me as one could argue that price is due for a correction while traders re load and take profits.
my 2 key levels are based on pretty apparent levels where money either flowed into or out of the market. they are in confluence with a 61.8% retracement from each respective swing low and swing high. if price fails below the neckline of our most recent parabolic rally, this will show me that buyers are not totally in control yet.
With most recent price action and volume and i am looking for price to break above that $950 level and rally into 1000 where i expect price to be met with bearish pressure.
Tesla showing signs of a possible bullish breakout
TSLA has been consolidating in a very slightly ascending wedge (possibly triangle) after a decent run up & is now currently looking at breaking out & heading for another rally towards a new high, possibly towards that 1k mark before losing steam
Watch for a successful close above the descending resistance for confirmation of successful breakout!
I've added 2 major areas of resistance to be aware of to consider profit taking
Will update as more data is available
*Symbol tags below*
Will be checking the crypto pairs for Tesla soon too ( BTC / USD / USDT / DOGE ) for further breakout signs
NASDAQ:TSLA
CAPITALCOM:TSLA
FTX:TSLAUSD
BITTREX:TSLAUSD
BITTREX:TSLABTC
FTX:TSLABTC
BITTREX:TSLAUSDT
FTX:TSLADOGE
COINBASE:BTCUSD BINANCE:BTCUSD INDEX:BTCUSD
BINANCE:DOGEUSDT
TwitterHello again,
1) If the stock breaks 51 $, it can go up to 72$ even up to 83$
2) If not, It will go down to 25$
(we also have a resistance zone in 30-31$)
*chart time frame is 1m
I personally think it will go down but we just have to wait and see how it will go.
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I hope you enjoy it
TESLA Bullrun MatrixVKing is back, after the EZB did some weird stuff lol idk.
Here we can see that Tesla will go bullish, after the 1st and 2nd trendbreak.
TDIGM goes through the yellow line, Tesla goes bullish if we have a retest in the TDIGM on its yellow line.
Market Reversal - Times of USDJPY buy/GBPUSD sell are over. Russia lost most of their important military generals, caused by the partipation of the US in the Ukraine conflict.
Tesla sold some of their Bitcoins to manipulate their profit bilances.
I learned some Java coding, maybe I will try to code indicators.
GG Ez MatrixV
Is Market Turning Bullish?A bullish sentiment is in the air.
-MACD is about to cross.
-Risk metrics show a possible bottom.
-Pi Cycle indicator shows a bottoming happened.
-RSI is at its lowest level.
-Price is at low levels on regression bands
-etc...
Now, what should we expect? A classic suckers rally?
TESLA on a wild rise just as expected a month agoOur last analysis on Tesla (TSLA) was exactly 1 month ago, where we stated the importance of breaking above the Lower Highs trend-line in order to initiate a rally:
As you see, the Double Bottom accurately signaled the end of the correction and the break above the Lower Highs, the start of a new rally. The rally is technically the sequence to a new Lower High of the long-term pattern on Tesla which has been a Channel Down since November 04. The price has now turned the 1D MA50 (blue trend-line) into a Support and on the short-term is targeting the 1D MA200 (orange trend-line).
This is a symmetrical sequence by all means to the previous rebound to the top of the Channel Down last March and those similarities have helped as projected this move. On the long-term we are targeting the 0.786 Fibonacci retracement level. A break below the previous Low would invalidate this and instead signal a sell targeting the 1W MA200 (red trend-line).
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$TSLA Tesla Head & Shoulder c'mon Elon!$TSLA TELSA
I have been waiting so patiently for TESLA to meltdown and it just keeps showing strength and pulling through.
Elon fans are still strong while Elon is out frolicking on a boat shirtless with skin that hasn't seen sunlight since the pandemic looking for baby mama number 5.
As you can see above, TESLA has formed a head & shoulder pattern on the larger time frames, the monthly shows it best.
Head and shoulder criteria:
1. Buying volume is diminishing and showed most strength on the left shoulder.
2. The head is much higher then the left shoulder.
3. The neckline fits the description of a proper head and shoulder pattern.
4. We are beginning to form the right shoulder currently as Tesla broke out of the pennant to the upside after printing solid earnings and sharing its sale of BITCOIN.
Tesla hasn't even shown signs that it is breaking down yet, it hasn't capitulated or showed strong signs of weakness in this bear market.
I will be waiting patiently like a snake in the grass for my buying target near the Gap (red bar).
TSLA, Whats next and what are possible targets and buyzones?TSLA found a strong support at 50 % Retracement level. Does it continue to move up?
There are many details and somehow interesting tips in the video which you may find helpful !
We always trade safe and smart don't we?
Good luck everybody !
Don't Stop Believing in Tesla - Earnings Report ProjectionTesla's stock has fallen by roughly 40% this year as a result of oversold conditions. During the negative market phase, Tesla has experienced a greater decrease than the typical corporation, making its value appear more and more appealing. In addition, the business will undoubtedly outperform profits projections when it reports earnings on 20th July, and likely announce a stock split next month. Tesla also has an interesting new product that should hit the market next year, so the business may continue to outperform even if the slowdown lasts for a while. As the firm develops, Tesla is expected to continue exceeding consensus profit projections. As a result, Tesla's stock is now rather affordable, should be purchased during periods of weakness, and is expected to increase significantly over the next few years.
Tesla Financials
Tesla has not seen the dramatic EPS adjustments that the majority of corporations have. Forecasts for 2023 EPS are currently greater than they were quarter ago. This scenario shows that analysts may believe that earlier EPS predictions may have been overly low and that the firm may weather a slump better than other companies. Finally, this dynamic suggests that a temporary slowdown is unlikely to have an effect on Tesla's longer-term profitability.
In the rapidly developing EV market, Tesla continues to dominate. Tesla is the holy grail of electric vehicles, therefore even while a recession might temporarily have a small negative influence on the company's expansion, it is unlikely to have a long-term impact.
The Ukraine conflict, rising oil prices, and inflation have all contributed to sky-high gas and electricity costs. Record-high gas costs will likely encourage more people to purchase electric vehicles, with Tesla standing to gain the most from this trend. Therefore, over the long run, a recession should have little impact on Tesla's growth, profitability potential, and stock price trajectory, making the stock a great buy on any recession-related dip as we move forward.
If the shareholders accept it on August 4th, Tesla will split its stock once more. The majority of the time, stock splits are a positive move for equities. Tesla's share price would decrease from over $700 to approximately $277 as a result of the planned 3-1 split, making them more accessible to investors.
Tesla P.E Ratio
Tesla released its manufacturing and delivery figures. In the previous quarter, the business delivered 16,162 Model S/X vehicles and 238,533 Model 3/Y automobiles. The tremendous 750 percent increase in Model S/X sales was the first item that stood out in the positive data. Last year, there were some worries that the Model S/X car market would be oversupplied or that demand was waning. However, there is a substantial demand for Tesla's more expensive cars. Due to Tesla's temporary manufacturing prioritising of Model 3/Y automobiles, sales last year decreased. This sales pattern suggests that Tesla should continue to make significant profits from the luxury vehicle sector in the upcoming years.
Positive Cashflow
Tesla recorded a net income margin of 17.7 percent for last quarter. The most lucrative (conventional) carmaker Toyota (TM), which just recorded a gross revenue margin of 19 percent and a net income margin of 9 percent, is far less profitable than Tesla in terms of profitability indicators. Honda (HMC) has a gross profit margin of roughly 20% and a net profit margin of about 5%. Most of the time, their American equivalents have even lower profitability margins, with General Motors (GM) recently claiming a gross margin of roughly 15% and a net income margin of about 7%.
Although the average expectations for Tesla's future P/E ratio are only around 40, the business may have stronger than expected profits in the current quarter and in 2023. Higher-end 2023 EPS forecasts range up to roughly $21.37, and Tesla has outperformed consensus estimates by an average of 27.9 percent over the past four quarters. Given how consistently Tesla exceeds consensus expectations, many analysts may still be underestimating the company's profitability potential. Therefore, Tesla's EPS statistics may continue to grow more quickly than expected. The Tesla Semi should also start selling by the end of the next year. As Semi truck deliveries and bulk production get underway, Tesla's revenue will probably experience a significant increase. Tesla's future P/E ratio appears to be excessively low given the company's rapid growth pace. Therefore, in the future, Tesla's forward P/E might increase to about 37 and stay in the 32 to 40 area. In the upcoming years, Tesla's EPS should rise significantly, and as the company develops, its stock price may rise significantly.
Doge moving northIn case of a strong move up we will check the 0.985 price zone (Red dotted horizontal trendline in the chart) . That should be a strong Resistance zone.
0.10 psychological level of course.
This chart is an update due to the recent nice move up. Update of:
Again: NO price predictions here but maybe U can use the levels in this chart to track the future price fluctuations.
Hope you enjoy!
Twitter vs Musk drama continuing 🐑🤔On Friday Twitter will release it's earnings report so we can expect a lot of volatility that day.
🤔From technical point of view we have trendline that is acting like resistance and we have 32.00 level that is acting as support.
🤔Take a look at the volume at top.
A lot of people entered into long positions when they heard that Musk is buying twitter . Now, that the deal is postponed they are trapped and can be liquidated.
It's also very likely that their stoplosses are hidden below the 32.00 level so be careful as Smart Money might be willing to collect liquidity..
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones