Cybertuck Go Crash? (TSLA)Woah, woah, woah hey now!
It's ya big homie coming at you with another one of these fire TA 🔥
I got the daily pulled up on the big wild beast TESLA.
Elon could be calling up his A.I. hedge fund from Mars right now telling them to go short.
Or is Elon hoping in his Cybertuck to go fuel up the rocket?
We got the compression showing indecision.
Let's factor in the run from the recovery process.
Lots and lots of green.
When the compressed doji crosses over the green brick under it. Strong sign of a short.
We at the indecision stage.
I say fire short here at $725
With roughly a 3 - 5% stop 750 - 760 / Reverse target hit than go long
A break above $760 I think would lead to a massive surge.
Crack $700 I think it sells off
Based on the fact that if you look at like a 6 hr chart. It's overall pattern on these style of timeframes look like a massive cup. Which is bullish. I just think we are a little to overextended and could cool a little bit.
If I had to put price targets.
If it goes short I think next we can shoot for the $640
If it broke long than really the only next level is $900.
Break those targets, well than you are looking at a strong trend continuation
Those will be very important levels.
Right now we are at that sweet spot. Zone in on it.
Teslalong
$TSLA : This Is An Update From My Previous PostI originally made my initial publish on this website on the 13th of April.
This publish is just a magnified look at that one.
As you can see, the theory is holding pretty fair right now.
Earnings still seem to be expected between the 22nd, and the 29th. Most seemingly expect it on the 22th.
I believe as long as many maintain the belief that earnings will be on the 22nd, there will be continued strong resistance at around $750.
There is mounting evidence that PUT options have and continue to increase on $TSLA, so i don't see it break that $750 threshold.
In my opinion, i'm not looking to short until it goes below $700. At that point i will inspect how it moves from there and holds to the resistance of $700. If it continues at or about that range, the longer it does, the more confident I will be to short it after the 22nd.
However, if it falls below $680, i don't see BULLS regaining control, in fact, most should be struck with fear and sell out to maximize profits. They wouldn't want to get caught in that free fall. After that free fall I'm looking to buy long term (depending on where I have 3 possible support zones) between the ranges of $415 and $350. I don't expect it to go lower than $350 with Tesla being a leader in its industry.
Please like and let me know what you guys think.
Again this is an update to my last publish, for more information please review my previous posts. I do not give away my personal signals.
TSLA - Tesla S/R levels Hello traders,
Description of the analysis:
Tesla is currently testing the resistance that has the main reaction area around 740. Here I see the probability of short-term refusal of higher prices or consolidation in the band. Remember that primary S/R zones are only zones of increased probability of primarily rejecting lower/higher prices. If you want to own the underlying asset at a lower price, you can sell the put option at the requested price, you will receive a premium as a bonus and you will own the shares after exercise. Remember that 1 option = 100 shares.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
$TSLA Increase until EarningsOn April, 2nd 2020 $TSLA reported that they had delivered a little over 88,000 vehicles.
This has been strong support for BULLS entering into Q1 Earnings season.
$TSLA is expected to report earnings on or about April 22nd (maybe as far out as April 29th).
The general consensus for the EPS is $-1.31.
I'm seeing $TSLA continue to rise until then with the strong BULL support with 3 possible resistance levels.
$675
$700
and
$750
After that the BULLS (and anyone covering their SHORTS) will begin to sell:
Tesla continued to work through most of the start of the lock-downs, but eventually had to oblige to lock-down orders.
They have put many of their sales and delivery staff on furlough and slashed employee pay since.
I believe Tesla stock will feel the BEARISH consensus following earnings.
Looking to buy in long then.
The shaded box is the range I am giving for their Earnings, however general expectations would be April 22nd.
Tesla some Spiralsforecasting a potential top using Fibonacci spirals, and outlining how Fibonacci spirals can be used to show tops and bottoms.
For those looking to enter price is currently in a neutral zone, look for a short once the fib line is reached.
Or go long I dont really care.
Above chart is a bit iffy, hope someone got some use out of it.
teslahere my view on #tesla, hope this help you build up your position before the next spike happen, enjoy the ride, if this helpful pls hit the like, and comment, for any feedback, and subscribe for more like this set up,
pls be aware trading is risky use proper risk/trade management and investigate properly before taking any trades...
TSLA possible break to $956 next week (be smart)NASDAQ:TSLA has been testing the 815 mark for the last few days and strong resistance lines of 750, keeps bouncing back.. Volumes has died down a bit and due to MMs pinning the stock at around 770-800 range in the last 2-3 days, they killed off the options premiums for the weeklies which expired 2/14.. they will have a tougher time containing it for the 2/21, 2/28s with it pushing higher at the close each day inching up.. Looking to go long here on some 780 calls.. however if it does dip and dips below, 750.. could see that short squeeze the bears and the street have been looking for.. should see some movement next week.
Anyone who doesn't understand why Tesla has this rally, why they are so disruptive, why they will grow much more, should really do some reading on disruptive
technologies and Kondratiev cycles. This company marks the beginning of a new era of rapid innovation. Tesla is much more than a car company. They build
solar arrays. They build energy storage batteries for renewable energy farms. They are also a software company. They are soon an autonomous carsharing fleet
company. They have the most advanced AI neuralnet, years ahead of anyone else. They have by far the biggest supercharger network. The lead to the other carmakers
who are struggling to even build the first generation Model S, is just INCREASING, not decreasing.
a
Tesla is going to change the world. It already is doing so. Anyone who doesn't understand that, should really do some proper research, and not only read CNBC clickbait news
headlines and FUD.
BUY THE TESLA DIP TO $900
For those of you who don't know, I shorted Tesla at $950 and am holding it for a swing trade. I'm currently ~30% in profit in a few days.
However, this looks primed to go up and fill the gap above at $900. At this point, it is too soon to tell if we go higher than $900 (green line) and make new highs but I want to be hedged against my position in case we blast off.
The plan:
- Shorted $TSLA at $950
- Long $750 (hedge)
- Take 50% profit at $900
- Let the rest ride until rejection
I've always stated I don't rule out the possibility of Tesla at $1,000+ in the short term. But I will be adding short anywhere above $1,000 and holding it for a long term trade. For now, buy the dip!
For those of you don't follow me on social media and missed my original short call, check it out below!
ridethepig | The Tesla BubbleIt's really difficult to find any Tesla charts here lately ... maybe you guys can post some in the comments (:
Tesla adding another $20bn in market cap alone this morning...all perfectly normal valuation growth... right. I suggest selling TSLA on the open and expecting a -25% move to the downside. Lack of sizings against the bullish flow is allowing the short-squeeze to continue. Capitulation was the catalyst to go actively short, and in hindsight see how we were jumping the gun earlier into the move. TSLA will obviously benefit from the transition away from an oil driven economy, though this move does not reflect normality.
The risk-off sentiment led to a significant divergence in the surface and inversion in short-interest structure. Initially I am going to run the trade dynamically to position for both a continuation and reversal (in simple words hedging) and then when the trade starts working we can go massive on sizings !
Ahead of the technical resistance at 900, I evaluate the balance sheet path's under different assumptions for the demand. I continue to suggest the metrics are overstretched on both deliverables and PPE spending. In my models, stock is fairly valued at +/- 250.xx but with initial targets (can't believe I am saying this) of 650 and 550. If we get enough interest in the comments we can explore TSLA's financial status and short-interest resilience to date.
As usual thanks for keeping the likes, comments and etc coming!
$TSLA Elon Musk Calls in Tesla Fanboys Like Aquaman!Tesla saw a big gap down this morning from $518 to $494, followed immediately by a huge spring shortly after open in the first 5 minutes that saw the stock rebound to $509.50 on strong volume. So what's driving this:
#1) Tesla Fanboys (AKA Bulls) - there are a ton of diehard tesla bulls out there, and after the stock rose to $550 earlier this week, anyone that missed the jump was waiting for a great entry.
#2) Morgan Stanley's 'Downgrade' - there's no question analysts can move markets, so what's with the timing of this downgrade with earnings just around the corner?? Answer: The ASTOUNDING Number of Naked Puts out there.
#3) Tesla Haters (AKA Bears) - you don't see a huge price jump like TSLA's without haters jumping on the bear bandwagon. The problem is, with a stock price > $500, you can't do a whole lot of hating by shorting a block of shares - but you CAN buy NAKED PUT OPTIONS on margin. And that's where the problem lies...
At the present time (10:30a Thu), there are more than 48 THOUSAND OPEN PUTS between $500 and $525, and another 14 THOUSAND OPEN PUTS between $500-$490. When these put options are purchased, the investor's broker shorts the shares on the sellers behalf - usually on margin. When there are this many put options out there that expire in less than 2 days, we can start to see margin calls from brokers on any move up.
Thus, bears start devouring bears. Margin calls force investors out of put positions, forcing them to BUY the stock when they close their put position. Momentum to the upside shocks other bears, and any increase in price brings more and more buyers who cover their positions. That's one of the big reasons TSLA shot from $492.17 (intraday low) to $509.42 - a span of $17.25....in THREE MINUTES. The people at Morgan Stanley know this, and also encourage the sell off by the bears while undoubtedly holding their long positions - basically turning on a giant vacuum and sucking up all the option premiums on the short side from thousands of bears that can't afford to short the stock itself at $500/share.
Bottom line, there's a huge number of puts still on the books at the 510 level (8k w/ volume of only 3k). We usually see volume inline w/ open interest on the last 2 days before an option expires or is exercised. Expect TSLA to slowly trend up the rest of the day, some 'analyst' to come along and reaffirm their faith in TSLA, and the stock price to easily fill the gap and open tomorrow right around that $518 level it gap'd down from (likely followed by another run up to the $530-540 range).