Teslamotors
TSLA Analysis and market prediction Hello everyone, as we all know the market action discounts everything :)
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Wall Street's main indices ended sharply lower on Wednesday, with the tech-heavy Nasdaq confirming it was in a correction, after a diverse set of corporate earnings and as investors continued to worry about higher U.S. Treasury yields and the Federal Reserve tightening monetary policy.
When comparing the yearly performance of all stocks, we notice that TSLA is one of the better-performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by TSLA over the past year are nicely spread over this period. However, this overall performance is mostly based on the strong move around 4 months ago.
TSLA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so TSLA is lagging the market slightly.
In the last month, TSLA has been trading in the 886.12 - 1208.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Possible Scenario for the market:
The market is trading at 995.65 near the support level located at 989.12 where we might see a push back up to the first resistance near the 1120.00 range, but if the Bears were to keep control over the market then we will see a further drop that will reach the second support line located at 894.62.
The battle between the Bulls and Bears is instance right now, over control of the market direction. Notice how the Bears are pushing really hard in the last couple of days to drive the price down, and they were able to drop the price from 1109 to 995.
Technical indicators show :
1) The market is below the 5 10 20 50 MA and EMA (Bearish short-term) But still above the 100 and 200 MA and EMA (Bullish long-term)
2) The MACD is below the 0 line indicating a Bearish market, with a negative crossover between the MACD line and the Signal line.
3) The RSI is at 44.18 showing some weakness in the market, with no major divergence found between the indicator and the market.
Support & Resistance points :
support Resistance
1) 1007.45 1) 1062.18
2) 984.39 2) 1093.85
3) 952.72 3) 1116.91
Fundamental point of view :
TSLA's Return On Assets of 6.00% is amongst the best of the industry. TSLA does better than the industry average Return On Assets of -4.33% and TSLA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 174.51%, which is quite impressive.
Looking at the last year, TSLA shows a very strong growth in Revenue. The Revenue has grown by 66.27% and TSLA is expected to show a strong growth in Revenue. In the coming 5 years, the Revenue will grow by 35.52% yearly.
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News 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.
TESLA- How perfectly our Chart worked and what's Next!Great success first going short then buying in again at an almost PERFECT time:
Our chart seems to be working well on one of the world's biggest and most interesting stocks. the mighty TESLA.
We are HUGE fans of Nikola Tesla , one of the biggest inventors of mankind. A truly Historic figure.
A name alone is nothing though, Tesla is an amazing company; truly becoming a Beast.
Let's go higher,
the FXPROFESSOR
ps. I didn't mention Elon. Compared to Nikola Tesla he is small. Compared to everyone alive he is at the very Top. Sending our love to Elon Musk too.
TSLA LONG?Its been a long time since my last opinion on Tesla therefore im here with a potential long position!
I'll keep it simple, we were in an uptrend, still no sign of reversal. so we expect more rise! can enter after stabilizing over level of 1115. (which as for myself I've already taken a risky position around 1020 and will consider the rejection of 1080-1115 as failure point of idea).
targets 1350-maybe 1560 . lets see!
TSLA (Tesla) LONG Inverse Head&ShoulderBUY TSLA at $982.00 OR NOW AT $1040
Take Profit 1- $1100.00
Take Profit 2- $1190.00
Take Profit 3- $1243.00
Take Profit 4- $1310.00
Support: $980.00-$1000.00/ $940.50-$930.00/ $909.00/$860.00/ $830.00 / $780.00-$780.00
Resistance: $1078.00/ $1115.00/ $1196.00/ $1245.00
Tesla (TSLA) | The best point to buy🎯Hello traders, Tesla in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
We preferred to do the logarithmic wave count.
But because the structure of the previous waves was not clear, we removed it from this state.
Based on the count that was done and according to the drawn channels, we realized that waves 1, 2, 3 and 4 are complete and now we are inside wave 5.
Wave 5 created its first microwave by breaking the purple channel ceiling and is now modifying wave 2.
Wave 2 correction is far from expected to be in the 980 range, and after wave 2, wave 3 will move as much as wave 1.
Wave 5 is likely to form a leading triangle.
If the price crosses 980, the structure will change.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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Tesla Analysis 08.01.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Bullish so long as 1044.61 is support.My preference: Bullish push towards 1153.58.
My pivot point is 1044.61
Alternative scenario: below 1044.61, expect 1006.1 and 983.58.
Comment:
RSI is below its neutrality area at 50.
MACD is negative and above its signal line.
The configuration is mixed.
Tesla is trading under both its 20 and 50 period moving average.
Stay vigilant
Advanced_Analyst
TESLA IMPULSE (OR) CORRECTION PHASE? I did Tesla analysis on Apr 12, 2021 and it hit $1200 exactly as predicted
Following is the analysis of Tesla Inc coming in for the next few weeks/months.
1) Wave 1 started low at $70 in Dec 2019
2) Wave 2 is a symmetrical triangle that finished correcting W1 at 38.2% correction at $407
3) Wave 3 started on Sep 2020 and had a good run-up of FIB 127% from $407 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) Wave 5 is still going on and might go to the following
a) Calculate the length from the start of W1 ($70) and end of W3 ($900) = 900-70= $830
b) Calculate the length FIB levels ratios of this length of $830
38.2% ($830) - $317
50% ($830) - $415
61.8% ($830) - $512
100% ($830) - $830
127%(830) - 1054
141% (830) - 1170
6) Now add each of these levels to the end of W4 which is also the start of W5 i.e. $545, so we get 862, 960, 1057, 1375, 1599, 1715
---------------- Summary --------------
1) I believe Wave 5 is going to be an extended wave because Wave 1 & Wave 3 are of normal length
2) My prediction for Wave 5 is a minimum of 100% extension which is around $1375 ior
1599 ??
ppreciate everyone's feedback, happy trading
Tesla (TSLA) | The best point to buy🎯Hello traders, Tesla in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
We preferred to do the wave counting logarithmically , But because the structure of the previous waves was not clear, we got out of this situation.
Based on the count that was done and according to the channeling, we realized that waves 1, 2, 3 and 4 are complete and now we are inside wave 5 and from this wave we are either in wave 5 or at the end of wave 4.
Wave 4 will most likely end in a zigzag pattern, and Wave 5 will break through the canal roof and green circle to ascend to the specified targets.
But if the 980 support is broken, Wave 4 will be complicated and will fall at least to the previous price floor.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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TESLA BEARISH CHANNEL 20% SELL OFFTesla is currently facing a high level of volatility, now we can see that is respecting a descending channel forming new lower highs and lower lows. The current price (1090) represents a good position to enter for a sell, whit a tight stop loss above the new lower high formed (1130) and a take profit at the support zone (880).
TSLA (TESLA) LONG SET UP (UPDATE)TSLA TRADE UPDATE
Our Tesla Gap fill entry has hit Take Profit 1 for 680 pips
We might get a pullback to $950 before hitting take profit 2 at $1090
I plan to add a second entry if we get a pullback to $950 before Take Profit 2
BUY TSLA at $932.00 ACTIVE ENTRY
Take Profit 1- $1000.00 (Target 1 Reached)
Take Profit 2- $1090.00
Take Profit 3- $1190.00
Take Profit 4- $1243.00
Support: $1000.00-$980.00-/ $940.50-$930.00/ $909.00/$860.00/ $830.00 / $780.00-$780.00
Resistance: $1078.00/ $1115.00/ $1196.00/ $1245.00
TSLA Likely Started A Bear MarketI think in the last month we are beginning to see certain sectors of the market starting to crash, mostly technology sectors, like TSLA, AMD, NVDA, INTC,...
You really don't have to be expert chart analyst to see that the whole stock market, especially technology sectors are extremely overvalued. It has never been anything like it, really for the past 90 years. The closest thing stock market has ever experienced I've warned with my previous ideas about what chart patterns are being printed on the major indexes like DJI and SPX. Both are in the stratosphere.
Usually the first to finish the bull run are the big caps, from where money rotates into other sectors that are not that overvalued yet. I still expect the DJI to rise about 8% till finish so it does not mean that the whole stock market is bearish... TSLA probably is. It has reached beyond the full fib. extension over 6 year price range.
It also made a standard top formation, where it makes new ath (Jan. '21), then have a first major profit take, makes another new ATH that is only slightly higher from previous one, then it starts a bear market. I will show examples later on on such tops. If it crashes into 600-700 area expect the price to retrace closely to 1k area, before the real crash began.
Prices could eventually retest green rising trend line.
I am not a financial advisor so non of this should be taken as a financial advise.
NASDAQ:TSLA
TSLA Pivot and Support levels: Looking through the FibsA quick analysis on TSLA using basic Fib retracement to find consolidation and support. A test of 910 is possible to fill the gap created in late Oct. A break below this may test the 870 level at its underlying support. A break below 870 could test 770.
TSLA into Dec OPEX with 38% of gamma expiring FridayTesla $TSLA has 38.25% of gamma expiring this Friday
Breach of 908/900 would fill gap lower to 895. Previous upside nine from Jan 885 could act as support. 875 is a previous upside nine on the daily from Oct 18, bottom of that range is 850/843 and lower Fib support is near 815. MACD / RSI currently over sold with ATR expanding after selling volume came in after recent ath print. It is worth noting that major players, institutions and commercial traders are avoiding the over head risk of Elon Musk selling shares. We would want to see bulls hold these support levels and then we could focus on upside resistance as key levels to break.
Depending on repositioning in the market post Dec OPEX we could see the stock reverse or continue the price downgrade cycle. With interest rates expected to hike + EV names being generally expensive in the market, anything can happen. It is best to size light and play Tesla with profits, always expect 0 if trading weeklies and try to enter at key levels. Best of luck trading!
When the stock doesn't hold the level containing the largest OI (1000 strike) You see dealers start to offload shares as the otm calls become less risk to them.