Tesla -> The Bulls Are BackHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock just recently perfectly retested and also rejected an obvious previous weekly support zone which was now turned resistance.
You can also see however that as we are speaking we are retesting previous weekly support, we are also having the potential creating of an inverted head and shoulders so from a weekly perspective I just do expect the continuation towards the upside.
On the daily timeframe I uploaded my last analysis before the recent drop, perfectly predicting this correction and now from a daily perspective everything looks quite bullish, so from here it is definitely possible that we will see the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Teslaidea
Tesla -> First Drop And Then PopHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock is now perfectly rejecting a quite obvious previous weekly support zone, which is now turned quite strong resistance.
However Tesla stock is also approaching a previous weekly support zone, from which we could potentially also create a right shoulder, forming an inverted head and shoulders pattern, so from a weekly perspective I do expect a retest of the $170 and then a rejection towards the upside.
On the daily timeframe you can see that market structure is currently massively bearish, but as mentioned above I am now just waiting for a retest of the previous support zone at $170 from which I also do expect a daily rejection towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tesla -> Is The Rally Already Over?Hello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe Tesla stock is actually quite overextended towards the upside; just the past 7 weeks we had a short covering rally of about 100%.
Therefore I just do expect a short term correction towards the downside before the market will then create the longer term continuation towards the upside and retest a major bearish trendline at the $240 area.
On the daily timeframe I am now just waiting for the market to retest a very obvious previous resistance zone which is now turned support from which I definitely do expect the next impulse towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TSLA $TSLA #TSLA Tesla, Inc. Congratulations team members and all who have an entry point of $107-$114.42!
We have a decent cushion here to let the QUEEN run smores.
She can reach levels of $234.91 before this weeks end on the weaklies* expiration date
A safety net was built throughout the struggling trials and tribulations.
Current near term showing signs of pure glory potentially and convincingly BREAKING OUT. $219.35 $226.87. Stay safe out there.
CAUTION: The QUEEN is notorious for having superior volatility. About the highest BETA on the entire board of stocks available to trade or invest in.
PLEASE BE CAREFUL: THIS HORSE HAS NEVER BEEN BROKEN OR TAMED AND IS THE WILDEST RIDE ON WALL STREET
Short term trend looking to breakout above the $214.55 trigger line level
=stikstockitslive
Tesla (TSLA) Stock Price Analysis Hello and good day to all!
As of now Tesla just broke out of its downward trendline and wants to push to the upside.. as you can see in this chart the price needs to push through the red portion on the Ichimoku cloud and make the 135.59 lVL of Resistance into Support in order to move up.
If we can change this LVL into support, we will be looking at testing the 141.28 LVL.
If Tesla continues up our next lvl to watch out for will be the 149.46 - 151.95 LVL
AND then the 155.87 - 160.85 LVL from here..
Let me know what you guys think! I love hearing everyone's opinion!
Have an amazing Friday everyone :)
Tesla Analysis 26.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Short-term Bullish Breakout attemptTSLA broke out of the falling channel with back test today-and could be attempting a 16% measured move up to fill the gap around $137.
*There will be resistance between 124-128.
If..IF Markets maintain bullishness we could see Tsla Move Towards $161-168 area, which coincides with: ~ Previous Support + 200WMA + 0.618 Golden Fibonacci Retracement, before moving back down to complete accumulation bottoming pattern.
Data to keep in mind:
THURSDAY: **CPI data expectations where just changed this morning - expectations of -0.1 instead of 0.0
JAN 23rd. *Earnings expectations are bearish
Protection Ideas:
if bullish pattern plays out - sell Early Feb $140 Calls to protect position
Pattern Failure: Close Below $108 (you could set a stop loss at $117 - Tsla may want to fill gap at $114 first or test 110 area
*** I do not believe the Markets are primed for THE Bull run yet (soon.. not yet) ... New Lowes are coming in Feb. Just an opinion..
Good luck & let me know what you think or if you have any good trade set-ups you want to share or discuss.
Tesla Analysis 18.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tesla Analysis 08.01.2023Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TESLA Reversal play?Previous post:
Observation :
- Met expectation of 1:1 downtrend of line C
- Still moving below both MA200 & Ichimoku Cloud: Downtrend intact
- Magnitude of Line D is slightly stronger than of Line C , while the gradient of line D is less steep(time taken for line D to meet expectation 1:1 is longer) : losing downtrend momentum
Expectation :
-Retracement in progress: More than average volume, more buyers than sellers trading within the last 3 days(circled
-"trying to give market confidence/ supporting the prices" www.investopedia.com
- Retracement 4 (R4) will have difficulties to pass $220 (Boxed), where Lower High 4(LH4) will be expected to be formed.
-But, first the reversal have to move pass 140X (boxed) where high volume of tesla is being traded for the pass 600 days (early holders in Jul-Dec 2021 might want to cash out)
Tesla Analysis 31.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TESLA: CAN THIS EVEN BE POSSIBLE?Hello traders, today let's talk about Tesla.
Since Mr. Elon Musk bought Twitter, Tesla's stock has been dropping pretty badly. Percentage-wise, Tesla is down by -50%+ and still counting. Till early December, Tesla's stock was close to $200 and now the price is almost half.
In this weekly chart, Tesla is trying to hold this support 1 level ($112). A bounce back from this level could possibly mean, Tesla, going back to $190 to $200 and then a dropdown toward $60 (support 2). The RSI is at the oversold area which indicates a bounce back. All I fear is, in a long run, Tesla stock might drop down toward $60 or even $40.
For now, $112 looks like good support.
What's your view on this? Do let me know in the comments.
Trade safely.
Tesla huge technical and sentiment buy signalsTesla hit its target on log chart from head and shoulders pattern. Also huge deviation out of down wedge channel. Tesla bulls getting margin calls, people calling for 20-50$ targets. Hundreds of bulls with tsla cash tags in their twitters selling last few days vowing to never return. Best time to buy an asset is from forced sellers. I 50% deployed at $123-130. Monthly RSI is at zero. Flipping this trade a year from now for long term cap gains advantage Not advise, good luck.
Tesla Analysis 20.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
Tesla Analysis 04.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
Tesla Analysis 28.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Tesla Analysis 15.11.2022Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on Tesla.
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse tomorrow.
I will personally reply to every single comment.
Dont forget to smash that rocket and I will see you tomorrow with a new analysis.
HOOD double top 22 % drop possibleHOOD price is forming a double top pattern.
How to trade:
- enter short only if / when the price breaks below the neckline
- Volume surge on the breakout point will be a confirmation for a real breakout
- stop loss and target shown in the chart
Fundamentals:
- Macro remains bearish overall.
- DXY still strong.
- More downside expected in the stock and crypto markets
Good luck