TSLA - BULLISH Pattern With AnalysisNASDAQ:TSLA has seen an incredible rally for the past month. The question is: Will it hold? Bullish and Bearish analysis below:
Bullish
We see a nice descending broadening wedge while momentum looks to be strong as we approach the upper resistance trendline to signal a potential break to the upside.
Bearish
RSI is currently at overbought levels. The trendline that price is currently at is a strong resistance level which means there's a good chance that we will face strong price rejection even if it doesn't pull us all the way back to the bottom of the channel.
Verdict
As with all trades, we will look to enter only when price breaks out of the descending broadening wedge.
Happy Trading
Teslamotors
TSLA bullish ahead of stock split Tesla is asking its shareholders to split its stock for the second time in two years.
The split would come in the form of a dividend, paying shareholders additional shares.
It might reach all time high in my opinion if they don`t mess up with the deliveries, so there is still a 9.30%.
Looking forward to read your opinion about it.
TESLA potential for pullback! | 4th April 2022Prices are approaching a pivot which is a swing high. We see the potential for a dip from our sell entry at 1113.96 in line with 78.6% Fibonacci retracement towards our Take Profit at 1016.43 which is an area of Fibonacci confluences. RSI is at levels where dips previously occurred.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Fed total assets vs. TSLA (% change)November 2010 - November 2012
WALCL ~ +20%
TSLA ~ +100%
November 2012 - November 2015
WALCL ~ +60%
TSLA ~ +600%
November 2015 - November 2020
WALCL ~ +60%
TSLA ~ +600%
November 2020 -
WALCL ~ +24% (ATH)
TSLA ~ +240% (ATH)
...
Input 1
Assets: Total Assets: Total Assets (Less Eliminations from Consolidation): Wednesday Level
WALCL
Input 2
Tesla Motors, Inc
TSLA
I think we know where this is headed...Tesla is a great company, moon or something, but realistically, economic growth will slow over the next year and into early 2023. The entire market goes in cycles, and we can't expect TSLA to go up in a straight line forever. It's been fine for the past month (and two years) but now is the time to step back. Selling now and re-buying later is a good idea, you can't tell the market time of course but you can definitely buy it at a discount compared to today's price. More will fall. Individual investors are paying a huge premium and arguing that it is due to "enormous future growth."
Entry - $1,080–1,100
TP - 600-700 dollars
Consider buying around $400-500
Not financial advice, just NASDAQ: TSLA Common sense...
TSLA Potential For Bearish Reversal | 29th March 2022Price is near sell entry level at 1110.84 in line with fibonacci confluence (161.8% fibonacci extension , 78.6% fibonacci retracement). Price might potentially dip to take profit level at 1000.27 in line with 61.8% fibonacci retracement . Our bearish bias is supported by the stochastic indicator where it is at resistance level.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Is Tesla still plugged into Bitcoin?The prices of cryptocurrencies including Bitcoin, the most popular of the lot, have been highly volatile in recent months due to conflicting regulatory signs and rising interest rates.
Despite the massive sell-off of digital tokens, Tesla (NASDAQ:TSLA) CEO Elon Musk is among those who are still bullish on digital currencies. As such, the recently reminted $1 trillion dollar company is caught in the crosshairs of movements in the cryptocurrency market.
Bitcoin price crash
After reaching an all-time high of $67.5K in November, the price of Bitcoin is now hovering around $40K since the start of the year. The crash is partly due to remarks from the US Federal Reserve about launching its own digital currency similar to China’s e-renminbi and US President Joe Biden’s recent order directing government agencies to coordinate on a regulatory framework for digital currencies.
While the regulatory forces mentioned above have helped to suppress any upside in digital assets, the largest contributor in the price crash of Bitcoin is the about-face that Musk, and by association Tesla, pulled for its support of Bitcoin. In a way, those cryptocurrency crosshairs are attached to the rifle wielded at times by Musk and Tesla.
Tesla’s $1.5 billion Bitcoin stash
Last year, Tesla revealed that it invested a total of $1.5 billion in Bitcoin and hinted that it may acquire and hold digital assets “from time to time or long-term.” Since that announcement in February 2021, the company has had no additional Bitcoin purchases.
Tesla disclosed in its 2021 annual report that it still held around $1.26 billion worth of digital assets and incurred $101 million of impairment losses on its digital assets.
At the same time, the EV leader also reiterated its confidence in the long-term potential of digital assets both as an investment and as a liquid alternative to cash. However, the carmaker warned, in an ambiguous statement, that it may boost or reduce its digital asset holdings based on its business needs and on its view of market conditions. However, knowing Tesla dependency on Musk as its “product architect and social media manager”, as quoted by Bloomberg, the company’s position on digital currency’s may be far closer aligned with his own personal view than the above statement suggests.
Over a month after the company’s disclosure, Musk on Twitter said he still owns and “won’t sell” his own personal Bitcoin, Ethereum or Dodge holdings, stressing that “it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high.”
Tesla | TSLA | Short to SupportTesla ( NASDAQ:TSLA ) may have a rough week next week during the March 2022 Federal Reserve meeting and OpEx. While it showed life today, there is resistance at the 200 EMA (green line). If this mini run continues, I expect further resistance at the $890s or near the 50 EMA (low $900s; yellow line). A break through the 50 EMA = bullish run and a break in the thesis. But, given the catalysts ahead next week, I anticipate a pullback eventually (near-term) to $735 or even a break at support before any run bigger than mentioned above.
TESLA Potential For Bullish Continuation | 21st March 2022Price is on a bullish continuation. We expect price to go up from our Buy Entry of 890.46 in line with the 78.6% Fibonacci projection , along with pullback support to our Take Profit level of 982.55 in line with 161.8% Fibonacci extension , along with the overlap resistance. Our bullish bias is supported by price trading above Ichimoku cloud indicator. Alternatively, price may break our entry structure and head for our stop loss of 829.94 in line with the 61.8% Fibonacci projection level and 50% Fibonacci retracement .
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TESLA Potential For Bullish Continuation | 21th March 2022Price is on a bullish continuation. We expect price to go up from our Buy Entry of 890.46 in line with the 78.6% Fibonacci projection, along with pullback support to our Take Profit level of 982.55 in line with 161.8% Fibonacci extension, along with the overlap resistance. Our bullish bias is supported by price trading above Ichimoku cloud indicator. Alternatively, price may break our entry structure and head for our stop loss of 829.94 in line with the 61.8% Fibonacci projection level and 50% Fibonacci retracement.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
How long will it take Rivian to get back to its IPO price?Rivian Automotive (NASDAQ: RIVN), the budding electric vehicle maker, initially bank-rolled by the likes of Ford (NYSE: F) and Amazon (NASDAQ: AMZN), is currently trading 80% lower than its peak since listing on the Nasdaq stock exchange.
Bear in mind that Rivian was listed on the Nasdaq in November 2021, when you had to be very unlucky not to make money in the stock market, especially as a company working in the electric vehicle domain. In a sign of the jubilant (and bygone?) era, within days of listing, investor exuberance had pushed RIVN up by 115%, to US $170 per share. RIVN’s market electricity has fizzled in the following five months and could do with a recharge.
The Rivian stock price is currently trading very close to an all-time low, at US $37.00, 80% lower than its all-time high. In contrast, Tesla (NASDAQ: TSLA), a company which Rivian investors hope can be emulated, is trading 25% lower than its all-time high (US $1,200 vs US $900), which it reached in November 2021 (roughly the same time Rivian reached its all-time high).
RIV only just begun
As illustrated by its latest earnings call, Rivian has a momentous scope for growth.
In its Full Year 2021 earnings call, which was released on March 10, 2022, Rivian reported its first bout of revenue, a tiny US $55 million against a cost of revenue of US $520 million and other operating expenses (mainly R&D and administration) of US $3.7 billion. Consequently, Rivian reported a total net loss (inclusive of all costs) of US $4.7 billion for the full year.
The massive discrepancy between the company’s revenue and costs is a natural part of its growing pains. The automobile industry’s huge barrier to entry means that Rivian expects to be making a net loss for some time. However, it does expect to be profit-neutral by the end of the next financial year, and this might be what is more important for investors following the company.
No fast-charging solution
Rivian is still valued at over US $30 billion and far from a bust. However, it will perhaps take years for the company to charge its stock price back up to its IPO price of US $78.00. Even in the age of outsized valuations for EV companies and some residual investor exuberance in the market, investor confidence is butting up against obstacles such as the infamous chip-shortage affecting numerous car companies and tightening monetary policy from the US Federal Reserve.
To hasten the process and to overcome some of these obstacles on its way back to its IPO price, Rivian may have make better use of its US $18 billion cash reserve and carve out more than its planned 10% takeover of the EV market by 2030.
As it stands, Rivian’s total theoretical capacity at its two factories (600K) could garner 10% of the 2021 electric vehicle market. However, By 2030, electric vehicles sales are predicted to account for 1-in-2 vehicles sold, from a current 1-in-10. To account for 10% of all EVs sold in 2030, Rivian will have to boost production capacity to approximately 3 million vehicles per year.
For interest, Rivian generated its 2021 revenue of US $55 million on delivery of 2500 electric vehicles. The company’s guidance for 2022 expects to deliver 25K vehicles, which is a huge increase on its current production numbers, but fantastically far from the number of pre-orders on its books (83K) and unimaginably far from its 10% goal of 3 million.
Is TESLA a good stock to buy now ?👀Good morning,🖐
Today there is an intersection of many strong indicators
First, there is a bull divergence confirmed by MACD😎
Seconde, we are protected by support😎
third, a big candle broke the VWAP (strong resistance)
I didn't really study the profit so protected yourself from market reverses!!
Good luck 💖
TSLA Potential Bullish Momentum| 16th March 2022Price near buy entry level of 756.83 in line with 78.6% Fibonacci retracement and 61.8% Fibonacci projection. Price is on a bullish momentum and might potentially move towards the take profit level of 887.29 in line with 61.8% Fibonacci projection and 78.6% Fibonacci retracement . Our bullish bias is supported by the stochastic indicator as it is near the support level .
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TSLA Potential for Bounce | 15th MarchPrice near buy entry level of 755.72 in line with 78.6% Fibonacci retracement. Price can potentially bounce to the take profit level of 880.23 in line with 61.8% Fibonacci projection and 78.6% Fibonacci retracement. Our bullish bias is supported by the stochastic indicator as it is near the support level.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TSLA Potential for Bullish Momentum | 10th MarchPrice is on bullish momentum. Price is near our Buy Entry at 852.39 in line with 23.6% Fibonacci Retracement toward our Take Profit at 985.48 in line with 61.8% Fibonacci retracement and 100% Fibonacci projection. Our bullish bias is further supported by RSI depicting bullish momentum.
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, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.