Very Bullish, after breaking out of Descending Triangle
Tesla stock has bounced every time it touches the bottom of channel.
Chart setting up nicely with Schoc RSI oversold and Squeeze Mod is curling into positive. Stock has traced 50% fib level twice which is a very strong support area. It looks like Tesla is about to breakout and continue its bull trend.
Inflation + EV Bubble + Bearish TA + Crazy Elon = Extreme Volatility -If inflation sell-offs keep up, markets will go down and so will Tesla. Bearish sentiment in that sense. - Market is getting over-saturated with EV startups and good competition. Tesla is like the OG but it ran up too fast and quick due to pumps and speculation. -Closed below upper support...
Looking to buy as it creeps towards the major support area. We have two weekly supports which should hold. However should these breakdown the stock will drop very quickly, potentially gapping down significantly. The fed's stimulus should prevent any major dips, but weakness in Bitcoin may drag down Tesla's share price. www.shareawarefinancialresearch.com
Here are support levels if it fails to hold May 6th low. Close above 682 early sign bulls want to come back and close above 721 is sign bulls are back. Close below 659 would be broken batteries. Not charging well, but not completely broken yet. For now wait.
So far, nice bounce from top of the box. As long support holds (on top of inside box), I think it is on it's way to next target of 800.
As my chart explains everything, no words needed to explain , that simple ELLIOT wave principle will tell you what's happening NOW. TESLA will not make new high now. ALL car manufacturers in the world clossing their IC engine plants Young traders buying in a hurry to accumulate this stock BUT will not knew that one more DROP is there. ER.Selvam.B Neo...
Tesla has been in a steep uptrend since it broke out from the $500 zone at the end of November and price seemed to be overstretched at the moment. I think Tesla will hit between $710-$720 before finally triggering a huge selloff for a correction back to the $500 zone. Price is forming a rising wedge, showing bearish divergence, and it has yet to retest the $500...
TESLA - 60% FALL Incoming - Watch It DROP !
TESLA 1D-TIMEFRAME ANALYSIS✨ Hello ladies and gentlemen This is my new idea for the TESLA My idea is that the stock will go higher Targets 620 780 I hope my idea is clear Support me by like and share Good luck💰💯
2 possible trades on Tesla. Intraday and long time.
TITLE/(DATE)- Buy LIMIT TSLA ASSET- TSLA PLATFORM- MT4 ORDER TYPE- Buy limit Time Frame- 1D ENTRY PRICE 1- $445.00 (Pending) ENTRY 2- $415.00 (pending) STOP LOSS- $385.00 (600 PIPs) TAKE PROFIT 1- $505.00 (600 PIPS) TAKE PROFIT 2- $565.00 (1200 PIPS) TAKE PROFIT 3- $625.00 (1800 PIPS) TAKE PROFIT 4- $685.00 (2400 PIPS) TAKE PROFIT 4- $745.00 (3000 PIPS) STATUS🚨...
Information on Apple and Tesla’s stock split Apple has announced a four-for-one stock split, and Tesla has announced a five-for-one stock split. The stock split ex-date for both Apple (AAPL) and Tesla (TSLA) is Monday, August 31, 2020. If you already have a stock position: On the morning of the ex-date, you will see four times the number of Apple shares you had...