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Teslalong

TSLA Train Ticket Now On SALE!Hello Traders, TSLA is going to the the 2nd moon! Just kidding. We chose TSLA as our top choice in the tech sector based on today's premarket setup for a nice bounce play. Two price levels we were watching: 1. $357.50 Premarket Highs 2. $341.90 Premarket Low Support TSLA initially opened very strong breaking above the premarket highs but we did not enter due to other sectors in the market not following through. We were looking for an initial sell off so we waited. Around 11-11:30AM EST we saw TSLA trading near the premarket lows but bounced nicely at the support. At this time we noticed the rest of the market getting into some buying mood and took our LONG trades at $348.50-$348.80. First Target to $425 area. Will decide if we'll even keep any... Do not chase these moves. We're not out of the woods just yet. Good Luck Traders! *NOT A FINANCIAL ADVICE, THIS IS JUST OUR PERSPECTIVE AND WE DO NOT RECOMMEND ANY TRADES WE PUBLISH ON OUR CHANNEL. YOU WILL LOSE MONEY.
NASDAQ:TSLALong
by KoreanStreetBets
2
TSLA Stock Split had me interested but...TSLA is the hottest performing stock of the year and that's great but there's a few things to keep in mind short-term. On the Weekly time frame the stock is nearly parabolic. A combination of that along with the RSI starting to show bearish divergence has me seeing it pulling back sometime in the next 3 months (Nov/Dec). On the lower time-frames you'll also see bear volume increasing. I think we'll top off around $550 but historically speaking we've had dumps around election time. Smart money would wait until November/December when the Daily and Weekly RSI hover back down to the 40 range. Additionally, you have fresh meat entering the market via Robinhood etc who aren't familiar with the stock market or technicals. Any sell-off will be exacerbated by them panic selling. Target for a rebuy is $275-$280.
NASDAQ:TSLA
by tired_man_willis
2
Tesla - great example of buy on fear and sell on greed? Let seeTesla news everywhere last week with their stock price smashing through 2000. Will it keep going up I read? Shall I buy now? Is it too late to jump in now? Who know.... nobody knows. But to me, as soon as the news starts talking about it the fear and greed scenario could kick in - just like BTC at 20k? The people late to the party will jump in and then panic sell if there is a short term sell off ... potentially. Anyway, it could keep going up for sure - until we see any signs of rejection the trend is still up! What goes up - does NOT have to come down, why? Because it can keep going up first. Anyway, stick to your own plan and strategy and always focus on your risk management. Check out the book we recommend to help keep your emotions in check and trade fearlessly. Over and out. Darren
NASDAQ:TSLA
by pow_removetheguesswork
🍻 Focus In On The Next Longterm Tesla Play!2 day chart showing doji compression after an overextended move. If you know me, you know these are the type of opportunities when I look for the next long term investment. Daily red a cross the board on all indicators, 2 day is shifting red on the ema dots. The 15 ema dots on the bottom still trying to make its transition. I currently have a lot of size sitting in on dow jones index short as it is playing off previous high. The name of the game. Find the trend reversals and play with good risk management. I believe 1432 is a good level to keep an eye on for a breakout to see how exhausted this move really is. Best of luck.
NASDAQ:TSLA
by UnknownUnicorn2319099
1
TESLA will be included in SnP500 (Bullish breakout expected)Tesla reported its fourth quarterly profit in a row Wednesday, positioning the electric-car maker as a leader in an auto sector that has struggled during the pandemic, and clearing the way for the stock to join the S&P 500. For the second quarter of 2020, Tesla made $104 million in net income on more than $6 billion in revenues. That beat forecasts by Wall Street analysts who had anticipated a loss of nearly $250 million and revenues of $5.4 billion. Based on some calculations, approximately 20% of the outstanding Tesla stocks will have to be purchased by those index funds trailing SnP500 and they can purchase it anytime before or after SnP announces that Tesla will be included in the index. There is also quite alot of shorts opened (people betting against Tesla) against Tesla (approx $20 billion) which means if market pumps today, those shorts trader will have to buy back some Tesla shares to exit their positions. Therefore, i'm quite bullish on Tesla for this short period time and although it is overvalued if you look at their market cap compared to their profits, market forces in the trading market will push this stock up for the time being.
NASDAQ:TSLALong
by Trader_hao
4
🤣 Yo! Elon! Whatchu Wanna Do? (TSLA)💰 LET'S GET INTO SOME TESLA ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ - Most of the market is bleeding currently. Zoning in on a 2 day chart for tesla entry. - Look for the compression on the Crossover strategy and align the red ema dots for a long term play. - No confirmation just yet. Best of luck to you and all of your trades this week! 🤜 Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤ Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
NASDAQ:TSLA
by UnknownUnicorn2319099
6
🤔 Compression Shows signs Of Potential Tesla Selloff. (TSLA)💰 LET'S GET INTO SOME TESLA ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🤷‍♂️ Neutral - We are seeing 2 compression candles known as dojis relativity towards the top of previous Resistance. This is where we would like to look for distribution. We do not have 100% Crossover confirmation on the Crossover strategy. It's not a confirmed play just yet. Need a little more time. - Only 1/3 ema dots are firing red as of now. This also does not show a trade confirmation. - We are playing in a nice size range, if we get a Crossover and selloff we could play a short for up to 10% for a potential test on support. If we were to collapse and break old support, chances are that this break to the upside was just a fakeout. Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
NASDAQ:TSLA
by UnknownUnicorn2319099
8
💥 The Highs Are On High Alert! (TSLA)🤔 Just looked at amazon, facebook and now tesla all show correlation to testing the highs. Look for it to play the red upward support and squeeze in the compression point. Break below look for a short back down. I think we are still evaluating if the breakout at 902 to the new highs is a fakeout or going to see if support can hold. You see that we did drop all the way back down but bounced right back up off that old major Resistance level. The larger timeframe like the daily and 3 day are still green so I don't have that long term confirmation yet. My main concern is how I'm seeing the Resistance levels across the board be tested right now. Have an awesome trading day and weekend. ❤❤ 🥇MLT | MAJOR LEAGUE TRADER
NASDAQ:TSLA
by UnknownUnicorn2319099
7
Tesla Searching For Support. (TSLA)🚨 Very critical price action move for the next big tesla play. We did get our breakout to attempt to push up, but fakeouts can happen. You're going to look for 926-930 to test for support. We are pretty much testing it now! If this was a fakeout expect a big selloff. You can play aggressive here if you wanted to catch this as a level support only if the Crossover strategy plays and the ema dots line up for a curl back up. Otherwise for a longterm position you will want to look for 1024 to breach to shoot for a new bull trend. Good luck! 🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
NASDAQ:TSLA
by UnknownUnicorn2319099