Get started

Teslalong

Tesla earnings risk for pullback before rally to all time highsTesla has been charging higher recently but is overbought coming into the quarterly earning release. When we rally into the earnings the risks are skewed to downside from a positioning and disappointment point of view. Market is expecting good numbers but that may be priced in up here. Whilst it is possible for the numbers to beat the street I would worry about the sustainability of any further rally here as we need to work out the overbought levels before a test and potential break of January all time highs at $900. So the big danger is chasing a strong number rally today and we should look at weakness as the only buying opportunity. First support is $800, while $750 is a very nice level if we pull back to the trendline support. “Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. easyMarkets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party."
EASYMARKETS:TSLUSDLong
by easyMarkets
TESLA. HOLD OR SELL?WHEN TO BUY?Hey! My idea is bearish Decision price level is 700$ or zone of 685-705$. When the company could not pay its debts, it issued additional issues and paid off its debts in this way. So it was profitable to keep stock prices at high levels plus squeezing out short sellers. Now operating activities cover all costs, so the capitalization is not very important for the company's management. Now Tesla have a nice cash flow, low debt. The perspectives of growth here are high, but due to high P/E and P/S we should be ready for price correction. I see 8 reasons for deep correction right now: 1. Historically, September is a bad month for the markets. 2. Right now, the correction phase begins, the depth of which will be at least 3800-4000 according to the S&P500 index. 3. A good and understandable potential for a price drop. 4. The serial production of the truck and pickup truck was postponed. 5. There will be poor sales reports due to a shortage of chips. 6. The systemic crisis in China (evergrande and Alibaba) may affect the purchasing potential in the future 7. Cash flow financing due to an additional issue no needs to make anymore. 8. Joe is sleeping. And what if? If S&P500 correction will be stopped this or next week than it will be possible to see the new high.
NASDAQ:TSLAShort
by THG_trader
Tesla Weekly analysis, Good time to buy ?Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The Tesla stock is at 709.67 and last week was able to reach the first resistance line at 714.08 but couldn't close above it, The market price seems to be moving in a Triangle pattern and there is a big possibility for a breakout in the next period of time. Both the short-term and long-term trends are positive. This is a very positive sign. The major trend for Tesla seems to be Bullish and am seeing 2 different scenarios for the market movement in the next few weeks : Scenario 1 : The stock price will be able to breakout from the first resistance line at 714.08 and will be headed for the second resistance line at 740.95. if the Bulls were able to keep control of the trend then we could be seeing the TSLA stock reaching the 800 to 900 range. Scenario 2 : The stock price will drop and hit the support line 643.79 then a battle will happen between the bulls and the bears with the outcome most likely to be for the bulls and the price will bounce back up and start testing around the resistance lines again. But if the bears were able to take control then we could be seeing the stock dropping to the range of the second support line at 600.37. Different indicators showing that the market is bullish tho as we see : 1) The market price is trending above the 5 10 20 50 100 and 200 MA and EMA. (Bullish sign) 2) The MACD is at 13.19 showing that the market is in a Bullish state with a positive crossover happening between the MACD line and the Signal line. 3) Stoch is in a Bullish state with a positive crossover between %K and %D, %K reached the overbought zone. Support & Resistance points : support Resistance 1) 643.79 1) 714.08 2) 600.37 2) 740.95 3) 573.50 3) 784.37 Fundamental point of view : TSLA has a Profit Margin of 5.14%. This is better than the industry average of 2.51%. The Earnings Per Share has grown by an impressive 172.10% over the past year. Piper Sandler keeps it pretty simple in reiterating an Overweight rating on Tesla (NASDAQ:TSLA) and calling it one of its favorites. Piper points out that the Q2 margin beat was not "fishy" and thinks automotive gross margin for TSLA could top the mid-20s next year. Tesla is higher in morning trading and is looking to record its fourth straight session of gains. The strong push today is being tied to good reads from Chinese automakers Nio, XPeng and Li Auto on demand. The round of reports on deliveries for July is more than offsetting concerns over Beijing regulation moves. Looking ahead, Shanghai-based analyst Gao Shen thinks China EV start-ups XPeng and Li Auto pushing over the 10K monthly unit mark is a meaningful threshold to watch because after exceeding that level - a carmaker will be "viewed as a powerful player" in the automotive industry. Last week, Tesla announced that the price of the standard range Model 3 after subsidy would be reduced about 6% or 15,000 yuan ($2,320) to 235,900 yuan. This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view , not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NASDAQ:TSLALong
by GabiDahduh
TESLA Potential BREAKOUT!Since the major breakout in November of last year, Tesla has been trading in a downward trend. Now we're on the verge of a possible bullish breakout. The price has been forming a triangle structure since the start of this year. As seen in the chart, TSLA has managed to break two resistance levels of the triangle pattern. We even see a re-test of the breakout on July 8th. Price also seems to be gaining momentum with three bullish candles since the re-test as well as a strong gain yesterday.
NASDAQ:TSLALong
by EmpowerTrader
1