Teslalong
Buy Zone and Targets for Tesla $TSLAMy buy zone and target for Tesla. I belive tesla is consolidating in a bull flag right now. Anything above the support is a good buy in my opinion. I'd personally cut loss if it breaks below the support.
(Not financial advice).
Don't Make Your Tesla Play Just Yet...3day tight compression on price after massive price impulse.
What we look for next is for the ema dots to all align red, which only the top indicator has started showing signs.
The candles are stabilizing as we approach our next move.
Neutral.
TESLA - are we done ? Looking at Tesla, the Sell Signal occured pointing on the ongoing correction. We already sold the excess at 1780$ (previous Idea) Waiting for confirmation if 1485$ can hold to get back in or we going to see some lower correction levels around 1250$ - 1050$. The Buy signal will be the final confirmation.
Technical indicator:
www.tradingview.com
No financial advice, only my idea.
🍻 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.
3 great lines that describe the long term play of TSLA STOCKWe can state easily that those 3 lines might go with for weeks and weeks,
So watch out the market and stay tuned.
Regards.
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.
Scared of heights? TESLATesla up to 6k a share
Seems to be obeying Gann
Don't think its justified but speculation is a hell of a thing
#Tesla - Crazy World #tslaCrazy world.
The lights are still green at Tesla,
the momentum is there and
as long as the music is playing,
you should dance.
Currently, the blue iv should end in 1h range,
and then finalize the red (iii).
Greetings from Hanover, Lower Saxony
Stefan Bode
Easy money on TeslaBroke out of triangle-like expected. PT by late August: 1300
Nothing stops tesla now. We'll see how Q2 deliveries and earnings impacts share price.
Note: May have a 20-30 dip coming soon but I'm buying on any dip.
TESLA Analysis Hello traders, here is the analysis from our team :
In future buy market@
BUY - 903
TP - 924
SL - 884
Let us know in the comment section below if you have any questions.😉
🤣 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
🤔 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
💥 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
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
Told You Play $910 Level, Look What Happened. (TSLA)June 7th , we approached a very key level of $910 and I alerted you to play this edge on breakout. Now Tesla has printed around a %12 gain in just 3 days! 💰💰 Congratulations if you played it.
All indicators from the ema dots to the Crossover strategy candles showing strong green pressure.
Best of luck,
🥇MLT | PRO TRADERS
Fun Time Approaching For Tesla! (TSLA)I am highly interested on tesla as we approach an edge play at all time highs!
Followed by the massive market crash tesla has ran non stop on the larger timeframes to the current position of 885.66, that is a lot of rocket fuel! 👨🚀
BEAR SCENARIO:
What your going to want to look at on the daily timeframe is to watch for the Crossover strategy take place. We want to see the green candles compress for a red doji crossover for interest on a potential massive short position. Once we ge the cross confirmation the next step is to start to see the red candles cross over the green line that it has been trending above since the bottom. That is how we will spot the Resistance pressure.
We notice on the ema dots below we have one confirmation of red dots printing, we need to see them all line up and follow. Your strongest confirmation is when the candles and the ema dots align. That is the money shot. Like we say in say in our course we always use tight stip loss in case of a reversal! 1-3%
BULL SCENARIO:
We already have green candles in motion but the current Resistance level we are watching is 910.04.
As we approach this edge we want to look for a breakout to fire long. So if we can get price to break we will fire long and apply our stoploss and continue to track tesla based off the ema dots and the Crossover strategy. Our stoploss will become 1% on a break back low then to reverse to a short and play this level till we get pull on the new long term trend. (Tight risk management on breakouts) A breakout like this your going to see a pullback to test it to see if the highs are a new level of support or just a fakeout. If bull pressure can snap it and really kick in you should be solid. If it hesitates then you know something is up.
All time highs are a great spot to look for a very long term position. 910.04 is your money level. Play the strategy to the book. We will be using the daily and the 3 day charts for this one. Will stay updated on tesla as I scout it.
Best of luck, enjoy your sunday and have a blessed day! 😁❤✌😁❤✌
⬇️ Drop some comments and let us know what you think will happen next! ⬇️
🥇MLT | MAJOR LEAGUE TRADER
TESLA (TSLA) to trade at 1,426 $Big bullish call on Tesla. OVS squeeze pattern on the 4HR timeframe giving us a projected price of 1,426 $ for Tesla before the end of July. Our entery was at 816.35 $ with a SL at 798.60 $
First projected target is around 894 $ and we expect the market to 'stall' and take a little break there before moving on the the second projected key level at around 995 $ before we expect a little further 'rest' and a pullback before heading on to our full target price of 1,426 $ for a R/R ratio of 33.8/1.
This comes quite a bit later then when we entered a trade, but better late then never.
If you have questions on what the OVS is and how it is traded feel free to post your questions.
Remember; Trade smart & Trade safe
Tesla Inverse Head & Shoulders BreakoutCurrently NASDAQ:TSLA gave a breakout from not so clear Head and Shoulders pattern with a potential target of 1388 levels.
P.S: It has to clear the over head supply as of now.
