Teslaanalysis
Should I buy Testa TSLA stock in 2022?Tesla and Elon Musk are always in the news for one reason or another. However, nobody is talking about price action and supply and demand. Price action creates imbalances made of price action and candlestick formations. Tesla’s stock price could drop as far as the $60 price level in the following months. That doesn’t mean that Tesla’s stock price will tank very fast in the following days; we are talking about longer-term stock analysis.
Buying the Tesla breakout!Tesla - Intraday - We look to Buy a break of 315.11 (stop at 302.98)
The primary trend remains bullish.
Short term bias is bullish.
Daily pivot is at 314.67. Short term momentum is bullish.
A break of the recent high at 314.61 should result in a further move higher.
There is no clear indication that the upward move is coming to an end.
Our profit targets will be 344.98 and 349.98
Resistance: 315.00 / 320.00 / 330.00
Support: 305.00 / 300.00 / 290.00
All of our stock trade idea expires in 30 days.
Daily chart for context
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses
Tesla Short Trade Setup - Key Levels Approaching!Hello Traders, Here is a short trade that I am planning to take if the right conditions arise.
First off, I'm sharing this setup for educational purposes. Please only take trades that you are comfortable with.
Alright, onto the trade setup...
This is a trade that I've been eyeing for the past week or so, with Tesla approaching a breakout of the prior range highs at $315 we may get a potential short trade opportunity.
To understand why I am taking this trade you have to understand that the broader market is very bearish at the moment.
- Yes Tesla has had a nice run, however eventually the Bearish nature of this market will catch up to Tesla and will eventually take it much lower in prices.
- Knowing this, I can take a short trade at key resistance levels, knowing that there is a high probability that Tesla will reverse and trend lower.
Of course nothing is 100%, however I would say that Tesla heading in the near future is a high probability.
***Trade Setup***
1) I will be entering "Short Entry #1" at the resistance level of $325
2) IF price continues higher up to the descending trendline, I will enter "Short Entry #2" at around $347. (Price changes depending on where it hits the trendline)
***Profit Taking***
There are 2 ways to approach this...
Method 1) You can take full profits at the trendline marked "Take Profit"
Method 2) You can take 1/2 at the trendline and the other half at the range lows. (You would use a trailing stop to protect your position and cash in nice profits if price reverses.)
- I almost always use a version of method #2 (however if something unexpected occurs or I become unsure of the market I may opt to take full profits at a particular level.)
Remember, this is a swing trade, to take trades like this you have to be comfortable with staying in positions for weeks at a time. If you're a novice and have yet to master your emotions, a swing trade setup like this might not be for you.
- If you aren't comfortable with a trade like this, I would recommend paper trading as practice first.
Thanks everyone and best of luck trading.
TSLAHELLO GUYS THIS MY IDEA 💡ABOUT TSLA is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the Seller from this area will be defend this SHORT position..
and when the price come back to this area, strong SELLER will be push down the market again..
DOWNTREND + Support from the past + Strong volume area is my mainly reason for this short trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Sell-off Exhausted | TeslaUS markets (S&P 500 Index +0.3%) ended Wednesday in the green after a choppy session, perhaps exhausting the extreme sell-off sentiment from the previous day. The unexpected result from the US inflation report released on Tuesday had prompted speculation that stocks could start to head back to their June lows in reaction to a more aggressive Federal Reserve.
Tesla (+3.4%) was one of NASDAQ’s best performers on Wednesday.
TSLA’s rise places it back above $300 per share, a territory the stock fell below after Tuesday’s broad-market rout.
Helping TSLA fend off broad investor pessimism is the company’s improving supply chains.
On Monday, Tesla’s vice president of investor relations Martin Viecha spoke at the invite-only Goldman Sachs tech conference. Viecha noted that the company’s battery supply chains are the best they have ever been, and Tesla can now buy all the cells it needs, for both its vehicles and energy-storage products.
Tesla Gets TestyOver the past few years, not many companies have seen the hype that Tesla has when it comes to its stock performance.
Starting at $1.10 in 2010 and pushing up to the range of $1200 near a decade later (before the stock split), early investors have enjoyed monumentally unfettered growth in profits.
A side-effect of this historical growth has been undeniable euphoria. There is no better drug for a trader to experience. Even after Elon Musk sold large amounts of his shares, euphoria is what kept many retail investors loyally invested. The only reward to come was a loss of peak gains.
Although Tesla has more juice in the battery pack and could easily extend its value towards $520 in the months ahead, the pending correction will be monstrous and one that any investor should want to protect themselves against.
See related ideas below:
Tesla Prepares for Major Dip... (before a stock split was actualized, the waves showed that a return below $500 was very likely to come).
Tesla Returns to $50... (a supremely immature call. The current position of the pattern was also incorrect however, the retest level below $50 is very likely to manifest beyond 2023).
TSLAHELLO GUYS THIS MY IDEA 💡ABOUT TSLA is nice to see strong volume area....
Where is lot of contract accumulated..
I thing that the buyers from this area will be defend this long position..
and when the price come back to this area, strong buyers will be push up the market again..
UPTREND + Support from the past + Strong volume area is my mainly reason for this long trade..
IF you like my work please like share and follow thanks
TURTLE TRADER 🐢
Tesla stalling? Tesla
Short Term
We look to Sell at 282.85 (stop at 294.03)
Previous support level of 280.00 broken. Posted a Double Top formation. The bias remains mildly bearish but there is scope for a move in either direction at the open. Further downside is expected although we prefer to sell into rallies close to the 282.00 level.
Our profit targets will be 249.72 and 216.00
Resistance: 280.00 / 313.00 / 383.00
Support: 249.00 / 217.00 / 207.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
TESLA Bearish RetracementSign of Bearish Trend
-Magnitude of Downtrend Line B much stronger than Downtrend Line A
-Magnitude of Downtrend Line C similar to Downtrend B
-Momentum of Retracement line R3 much weaker than of Retracement line R2
-Candlestick challenging MA200
What retracement R3 are we looking for?
-R1 retrace more than 0.786fib of Line A
-R2 retrace more than 0.786fib of Line B
With R3 weak momentum, seems that candlesticks might fail to even reach 0.786 of line C. A double top might be forming near the MA200 line below fib 0.618.
If there is Support Range, it should fall within price range of 620 to 770. But once it is broken....
TSLA - Long - Cup and handle pattern (NEW)The price is forming in a potential cup and handle pattern. If, the pattern forms then traders should take a long position. The stock is expected to have bullish breakout of the cup and handle according to the pattern. Entry level is at the horizonal entry line, entry is possible either, immediately after breakout of the cup´s handle with the volume surge or, a retest that confirms the resistance line as a new support level. Trade exit is highlighted in flag at the top of the arrow.
BREAKING NEWS The Real Estate and Banking Crisis in China!
The Real Estate and Banking Crisis in China Is Spreading to Other Aspects of the Chinese Economy!
A lot of information is coming out that the Citizens can't get any money from their banks.
We have seen that before! Never ends very well.
Apart from China's problems, Tesla has been experiencing problems in China.
1. The cameras on the Cars, that they can't be used anymore.
China thinks they could SPY on Them!
Good luck with a Tesla without cameras ¿?
2. Tesla reduced vehicle production at its Shanghai factory this week due to parts shortages caused,
in some measure, by a supplier's Covid lockdown nearby.
According to research by JL Warren Capital, Tesla specifically stopped production lines for its crossover electric vehicle,
the Model Y, at its Shanghai Gigafactory
3. Tesla faced multiple accusations of brake failure in China
4. China helps NIO to become the number one Electric Car for sure.
Made in China is always better for the Chinese Government.
5. China and USA aren't getting closer because of the Ukrainian War and Nancy Pelosi's visit to Taiwan.
Tesla Stock AnalysisIn this analysis, we will show you why you need to sell Tesla´s stocks.
Following the behaviour of the stock, we can notice that it evolves following curved lines.
During the last 2 months, the price dropped to make a support at 632 but it is now consolidating which leads us to a support at 782.
With the curve trend between June and August, and the trend line following the maximum reached at each period, we expect that the price first will rise to 950 then will go down to 782 until the end of the month and then rebound to reach the trendline around 1036
Should You Buy TSLA Stock NOW??!!! Best Prices Hello everyone. I hope you are doing perfectly. So, today I wanted to share my perspective on TSLA stock. In this published idea, you can see three aspects of the analysis: technical, fundamental, and sentimental (all are my humble opinion). Now let's get to the real deal.
Technical Analysis
As you see on the chart, there is a high possibility of pulling back on the trend line since the price is over-saturated, and we can see that the last minor wave has given its 0.618% correction.
With this said, I will buy TSLA stock only at the prices given in the chart. The prices are obtained with Fibonacci numbers and demand zones. If you want to buy it now, you can, but I do not recommend it.
Fundamental Analysis
Now, the most crucial thing in buying stocks is analyzing the fundamentals of a particular stock before buying it. As you know, the USA is experiencing negative GDP growth, indicating that high-risk markets, including the stock market, can continue their bearish trend.
But, if you are a long-term investor, this can be the perfect opportunity. However, if I were you, I would wait until the CPI decreases and the GDP increases.
Additionally, TSLA is currently experiencing good earnings and revenues, which shows that even in a bear market, it can not be bankrupt.
Sentimental Analysis
As you can see from what I said earlier, we are all a bit confused about the current economic situation. So, on a bigger scale, most people are like us. Let's think logically, how 90% of people would react now? Most people are now afraid of the bear market, which is a good thing. In such situations, I want to give others what they want. What do I mean by this? It means if you're going to sell, I will buy, and if you want to buy, I will sell. In simple terms, do the exact opposite of what most people want to do.
I hope you gained what you wanted on TSLA stock. Follow me for more Forex, CFD, Crypto, and the Stock market analysis.
I will be glad also to know your perspective on TSLA stock. So, leave a comment and let me know what you think.
I Wish You All a Profitable Trading Journey
Tesla vs. Ford Motor CompanyIn this time of preservation of capital, it's best to think about the value metrics of the stock you own. So here are a couple simple comparisons.
EPS(ttm) Earnings per Share trailing twelve months
Tesla $8.29
Ford $2.89
Dividends
Tesla 0
Ford 3.14%
PE ration Price to Earnins trailing twelve months
Tesla 100.75
Ford 4.47
Profit Margin
Tesla 13.5%
Ford 8.6%
Tesla is a fun stock to own, but it takes $800 investment to generate $8.29 EPS, where as Ford takes $13 to generate $2.89.
My question: what other stocks could you be investing in if you freed up the difference between these two stocks $800 - $37.29= $762.71 (2.86 F stock to equal TSLA EPS)
The real problem will occur when Ford and GM go into full operation mode with their Electric vehicles early to mid next year. For me, Tesla is a good stock to day trade, but the valuation boogey man
is knocking at the door.
$TSLA Tesla Head & Shoulder c'mon Elon!$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).
Tesla violated the triangle to the top giving buy opportunity!Hey hey everyone,
As we anticipated the giant stock Tesla violated the triangle with a gap to the top. What does that mean? Well, we can say for a meantime Tesla will be bullish.
Trading suggestion: Wait for the market to retest the broken structure and look for bullish confirmation to go long with target around 900-920. Also do keep in mind that the market can choose to rally up without retesting the broken structure, also filling the gap until in the near future.
As I also discussed in my previous idea, Tesla rallying up will influence NAS100 and we can expect NAS100 to be boosted.
Do you think Tesla will rise to 900? Let me know in the comment section below.
Do also make sure to boost my likes, it is a great way to show that you support my work. Thank you.
Happy Trading!