$TSLA - Bullish Pennant Imminent Breakout - Squeezing ModRising Channel, Trend is your Friend. Great buying opportunity for a new run up.
Teslalong
SMART MONEY: WYCKOFF accumulation on TESLA (Daily timefreame)Confluences:
Clear as day WYCKOFF accumulation schematic.
I'd enter off the future spring around 520, taking Tesla all the way up to the ATH's/
This is not a swing trade, it's a position trade. Hence I'll be holding it for 2-4 years.
Low risk-High reward.
What do you guys think?
$TSLA - Very Bullish Immanent Pennant and Double Bottom BreakoutChart setting up nicely with Schoc RSI oversold and Squeeze Mod is curling into positive. Stock has traced 50% fib level twice which is a very strong support area. It looks like Tesla is about to breakout and continue its bull trend.
TESLA END GAME Inflation + EV Bubble + Bearish TA + Crazy Elon = Extreme Volatility
-If inflation sell-offs keep up, markets will go down and so will Tesla. Bearish sentiment in that sense.
- Market is getting over-saturated with EV startups and good competition. Tesla is like the OG but it ran up too fast and quick due to pumps and speculation.
-Closed below upper support levels, and that bullish pennant that broke to the downside isn't helping.
-Who knows what Elon will tweet next...
I expect more downside before the upside.
Good investment and volatility are great for trading at support levels.
Bullish Tesla Long TermTesla looks to potentially be going through a Wyckoff accumulation cycle. If confirmed, I would look to enter at the spring and for price to at least match its previous high (more likely to $1000 in my opinion).
Tesla Long TO $1200 Following is a LONG analysis of Tesla Inc coming in for the next few weeks/months. The five-wave Elliott wave series started on June 25th, 2020 around $185 developing a good 5 wave series, here are few confirmations of why I think this is a 5 wave series:
1) Wave 1 started low at $185
2) Wave 2 is a symmetrical triangle that finished correcting W1 at 38.2% correction at $398
3) Wave 3 started on Oct 20, 2020 and had a good run-up of FIB 161% from $398 to $900 ending on Jan 26, 2021
4) Wave 4 is a sharp zig-zag correction but sine Wave 2 is a longer correction, Wave 4 is a shorter and sharp correction ending around $555
5) We are now in Wave 5 of the total Elliot 5 wave series and wave 5 is calculated in the following ways :
a) Calculate the length from the start of W1 ($185) and end of W3 ($900) = 900-185= $715
b) Calculate the length FIB levels ratios of this length of $715
38.2% ($175) - $273.13
50% (175) - $357.5
61.8% (175) - $441.87
100% (175) - $715
6) Now add each of these levels to the end of W4 which is also the start of W5 i.e. $555, so we get the following projections for Wave 5 $828,$912, $996, 1270
---------------- Summary --------------
1) I believe for Tesla we are at the start of Wave 5 as a big Wave 4 correction ended just recently
2) I believe Wave 5 is going to be an extended wave because Wave 1 & Wave 3 are of normal length
3) My prediction for Wave 5 is a minimum of 100% extension which is around $1270 in the next coming months
Appreciate everyone's feedback, happy trading
TSLA - STOCKS - 12. APR. 2021Welcome to our weekly trade setup ( TSLA )!
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4 HOUR
Bullish price action.
DAILY
Strong turnover..Expecting more pressure.
WEEKLY
Overall bullish turning market.
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STOCKS SETUP
BUY TSLA
ENTRY LEVEL @ 698.94
SL @ 649.08
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
I am bullishIt hit the 78.60% fibonacci line on the nose and is oversold. I am bullish with this one .
(not advice)
TSLA bounced from top of the box! Still on target to 800 !So far, nice bounce from top of the box. As long support holds (on top of inside box), I think it is on it's way to next target of 800.
40% Crash at TESLA ? Hello dear readers,
I already made it clear in my last analysis that I see Tesla short in the medium term.
Now that further candles have formed on the chart, the situation can be assessed more accurately.
Chart-technical assessment
- Tesla currently appears to be in a correction.
- Only wave A has been formed so far, so there is a certain expectation that another wave (C) of the correction is coming.
- At the moment, the last sell-off is being consolidated in a pennant. A break of the lower trend lines should generate renewed momentum towards the south.
- As a classic trend continuation formation, an ABCDE formation is formed in a pennant. Two more waves can be expected within the pennant.
Options
- If the pennant is broken to the upside, the short scenario is in acute danger.
- If the golden pennant breaks around 770 points, the scenario is obsolete.
- The price target of a breakout on the downside is the zone around 400 points.
Best wishes & success!
Max
TSLA closed above the inside box today. Going up!Closed above key price level 701 today. If it holds 659 level, next upside target levels are 721, 762, 800 and 870 before new ATH. Let's see how it travels up.
TSLA Bullish Trade Setup TSLA hourly chart showing a potential wave (C) pullback into the 548 zone before we finally make the terminal wave 5 rally. Look to establish LEAPs on TSLA expiring 2022 if the stock drops into 616-548 wave (C) support level.
TESLA Technical Analysis By CryptoPatel#TESLA Technical Analysis:-
#TSLA currently strong bounce from at $600 level strong support.
Now..?
I am expecting upward relly for some time
Keep an eye on support level and put tight stop loss if open any position in Tesla.
Support:- $600
Resistance:- $712/$795/$881
Exit below $600
And Two GAP also show in chart.
So also keep in mind this GAP.
Please click LIKe button and Appreciate my hard work.
Must follow me for latest crypto real time updates.
Thank you.
Did Tesla Find its bottom? We will see; $1000+ By summer? 1hr1 hour chart!
Hey guys been following Tesla closely! Was hoping for a bull back to break trend and go down to the 400s and possibles 300's.
It looks like it may have found its bottom and we may be on track to its previous $1000+ projection!
It has got a $900 Price Upgrade this morning and The U.S. 10 Year Treasury yield is going down slowly, Tech is making a comeback!
Lets go baby! I go both ways (not litterally) Can I say that any more? Not sure haha!
Anyways I am down for Tesla to go down and ride it down and super bullish on way up!
Overall long on Tesla! but will make money on the way down!
Will update progrress!
tesla Hi there
i love to analysis stocks. i see price bounce 803 level.at this time price came same level and create a M formation. as we know when market create a M formation or over extended M formation then price go up his neckline. and its perfectly lining with fibo 61 level. so i am see a pull back bounce area from 803 and next price level is 840-845 . next is next happy trading
🏛TESLA BULLISH FLAG WILL GO UP↗️ LONG🚀
☑️TESLA car company is trading in a strong uptrend
And has formed a bullish flag pattern
Which in itself stands above rising support line
These factors make me very bullish
And I am expecting TESLA to Go UP
Inside the flag first and then further Up after breakout
LONG↗️
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Tesla - High Probability - Ready to run again!!!Key Technicals - Bullish Flag, Buy on green candle breakout of flag pattern.
Key Fundamentals - With the crypto space going ape and as it continues bullish perhaps some of the profits are funneled back into TSLA along the way.
Tesla Daily Bullish FlagHey everyone! Tesla stock has a bullish flag pattern on the daily! Right now it is at the bottom of the flag at around $800. Price should eventually break to the upside at the top of the pattern. As long as this pattern goes through this should be an easy play! If it breaks through the bottom for some reason after too much consolidation we may see it go down to hit the 50SMA. Just my thoughts, hope you enjoy the breakdown!
