TSLA, the 5th elliott wave has been started. 150% gain ahead.elliott waves are drawn on the chart . the fifth wave's target is also in the chart . it's the zone between 38.20% of Fibonacci extension and 261.80% of Fibonacci retracement.
Teslamotors
TSLA H4Tesla shares are on the rise. After a minor correction of 8% in short term can be attractive to buyers.
TSLA 4H BUY AND SUPPORTTSLA 4H support is at ~$680
Also try to set some buy orders near the support zone
If TSLA holds above the trendline,
the Take-Profit target would be $710, $738 and $755
Tesla on it's way to 770TSLA next resistance (targets) 750 and 770.
Must hold 728 or at last 720 to keep momentum going. Close below 712, upside move stalled.
Other support / resistance levels as marked.
Lucid Group Long TradeBeen stalking this chart for 2 months waiting on my buy zone...and here it is! While a possible wick under our long-term support is possible my buy zone will still sit at $21.00. Our lines of support and resistance have been respected 100% of the time so far within this pattern, so I like the odds for this trade. In the event of a breakdown of this pattern, I will hold and wait for a recovery to the newly formed resistance at roughly $21.00. I expect both bullish and bearish scenarios to resolve between 1-2 weeks. This is not trading advice
Low volatility nicely trending up adding hereVery low volatility nicely trending up. Adding to position here.
New local high in Tesla? Upside 10%.Tesla looks good technically and can set new local highs. You can take for a breakout from the current levels with a take of $ 783-785.
Tesla ( $TSLA ) Potential Monumental BreakoutHow do you ignore this setup? $TSLA breaking out of a triangle to the upside with a BULLISH MACD crossover on the weekly & daily charts. Look for a monumental move in the coming week(s).
$TSLA - @Stacking said run it to $800Old school technicals
Trendline break
SR flip
Little Range consolidation here
Expecting upside expansion
Only weakness with this setup is the H1 gap that has been left underneath this consolidation
Too have a higher R can keep stops above it expecting expansion soon
However, if the consolidation low gets deivated, fills that H1 gap, that should be a giga long!
See you at $800 Elon
Tesla (Update) : 1D TFAccording to the previous analysis of Tesla, the price is still moving towards our target and we will continue to expect it to grow.
BUY Tesla (TSLA) for a breakout above $700Tesla's stock has demonstrated an extremely positive share price performance throughout the last two and a half months. The stock bottomed at around the $550 mark back in May, as the strong support there managed to stop the volatile stock price decline.
The company was under severe pressure at the time following their sub-par Q1 earnings announcements, where it became clear that if it was not for the BTC sale that Tesla completed and the huge profit that it made from it, the company would have reported a Net Loss for Q1. In addition to that, many people started to realize that Tesla was receiving large government decarbonization credits and subsidies, which were the primary reason for the company's profitability. Furthermore, with the rising competition from the likes of Ford, General Motors in the electric vehicle market, investors have started to worry whether or not Tesla would be able to turn a profit in the event of a drastic decrease in the number of government decarbonization subsidies that it receives. The more companies there are that participate in the electrification of the Auto industry in the US the more candidates there will be for these government subsidies, thus Tesla will no longer be "the only show in town". However, we believe that in the short term most of the negativity has already been priced in, and the stock is about to reverse very soon.
So basically, these have been the major company related reasons as to why the stock has been trading in the $550-700 range for few months now. This is way off its all-time highs of $900 that it reached earlier in the year. We've seen a strong pickup in the bullish momentum for the stock and everything points for a breakout above the $700 resistance mark, within the next few trading sessions. Once that resistance is broken, then the stock will be easily headed towards the $800-900 range heading into September.
As you can see on the chart, all of the moving averages that we follow, as well as all of the key indicators that we use to define relative market strength and momentum are pointing higher. Thus, we would be opening a LONG TSLA position on a clear break above the $700 level and would be interested in potentially collecting a portion of our profit at around $890 for a 27% ROI.
A Technical Approach to Tesla (TSLA)In this post, I'll be going over Tesla's chart (TSLA) to discuss the technical aspect of the stock.
Disclaimer: This is not investment advice. This is for educational and entertainment purposes only. I am not responsible for the profits or loss generated from your investments. Trade and invest at your own risk.
Analysis
- To begin with, what's most important to understand is the fact that the overall uptrend for Tesla is still intact.
- The simple moving averages (SMAs) are all aligned in order, and the long term trend line, marked in green, is still valid.
- We are seeing a textbook descending wedge in play.
- The price has technically broken out of the pattern, and has retraced back to the support-turned-resistance, before it can form higher highs.
- I would like to see a break and close above the 60 Simple Moving Average, marked in orange, as a sign of bullish confirmation.
- Tesla's Artificial Intelligence (AI) Day will be taking place in Aug 19, which could serve as a stimulant for the bullish momentum.
- Based purely on the structure of the chart, a move up to $1,400 is a probable case.
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If you have any questions or comments, feel free to comment below! :)
Sunday Prep 7/25 - $TSLA Long & ShortRemember, the swing idea from a few months ago is still valid, so if you’re idea is to play the longer term long on the name, you can still view any pullbacks towards that 580-600 level as good entries with risk under those March lows. Over 700 and this thing looks like it can get frisky. I really don’t like the short idea on the name unless we were to convincingly break under those March lows and then I might consider pops back into levels as possible short opps. Only other way to short the name is on EXTREME extensions and those are not trades I would overstay.
TSLA Stock remained bullish and created a turning point at $900.
Created a Symmetrical Triangle with Bullish behaviour.
Targets : $700 | $780 | $900
( Hopefully targets hit before next CRASH )
- Share your opinion in the comments below and support the idea.
Thank you for the support.
Tesla is a great stock$TSLA (Tesla Motors, Inc.) technical analysis . 20/07/2021
Now we are in times of uncertainty, will tesla be able to break the current resistance ? 🧐🧐
Since I did the last tesla analysis, it can be seen, what an abysmal rise it has had. This is because the entire market has accompanied, and all stocks have been rising a lot. But now we are in times of uncertainty, will tesla be able to break the current resistance?
I like to use the Ichimoku clouds to analyze, since at just a moment and in a timeframe of 1 day, everything is very clear.
We can observe a very important support between 527$ - 548$ approximately. Since the big breakout in the previous analysis, this price range served as support, not allowing the price to cross to the downside.
Right now the price is at the fibonacci 61.8 point, it is the most important point, and as it is not able to cross this level with force, the price could retest the support mentioned above.
Conclusion ,
- If you are conservative, in the range of 527-548, it is ideal to start buying.
- If you go long term without caring about the current price, any time is good to buy, Tesla made a very healthy correction, and soon it will continue to rise, trying to break the $ 900 level.
Leave me your opinion about Tesla .
Where TSLA going?Nice move today. Once it closes above 670, retest of 690 possible. Since June, many attempts made to close above 690. If it does close above, can test 720, 745 or even 775 level. To see continued upside momentum, must hold 645, at last 640. Will earnings help?
TESLA SHOW BREAKDOWN TREND FROM THIS AREA 654 AND... Hello trading friends,
Tesla looks to enter into breakdown trend since 654 USD and this can take tesla to a breakdown trend below the important R line.
tesla will be into health trend if it hit 674 again, before that trend Tesla is into breakdown trend.
Have good time
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[TSLA] TESLA BUY SETUP ... TARGETING 950$. looking for strong bounce if price holds above 540$ & equity markets continue to go up.
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.
