TSLA (TESLA) LONG SET UP TO $900.00Elon Musk said that you could finally buy Tesla with Bitcoin today, after having announced it would accept the cryptocurrency as a form of payment in a Securities and Exchange Commission filing in January.
“You can now buy Tesla with Bitcoin,” the newly self-named Technoking tweeted.
Musk changed his title and that of his CFO to Technoking and Master of Coins, respectively, in an SEC filing earlier this month.
“Tesla is using only internal & open source software & operates Bitcoin nodes directly. Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency,” he added.
Musk also revealed last month that Tesla had bought $1.5 billion in Bitcoin.
To pay using bitcoins, the company’s support page explains that one needs to “initiate payment from your Bitcoin wallet. You can either scan the QR code or copy and paste the Bitcoin address and the exact Bitcoin amount into your wallet.” The crypto is accepted in the United States only at this time, but Tesla “will consider expanding into new markets in the future.”
As of this morning, Bitcoin, which broke the $60,000 ceiling earlier this month, stood at $56,600. Tesla shares were up 1.1% at $655.
Tesla became the newest S&P 500 member when it joined the index in December 2020
Title: Buy BUY TSLA ( Tesla )
Asset: Stock
Platform: Robinhood/WeBull/Etrade/ MT4
Symbol: TSLA
Type: Buy Market Execution / Buy Limit
Time Frame: 1D
Entry Price 1: $600.00 ACTIVE ✅
Entry Price 2: $575.00 (PENDING)
Stop Loss: $500.00 (1000 Pips)
Take Profit 1: $700.00 (1000 pips)
Take Profit 2: $800.00 (2000 pips)
Take Profit 3: $900.00 (3000 pips)
Take Profit 4: $1000.00 (4000 pips)
Status: 🏃🏽♂️Active🏃🏽♂️
Teslamotors
TSLA Tesla to $3000 or $300???ARK Invest founder and Tesla bull Cathie Wood expects Tesla to hit $3,000 a share in 2025. That means Wood expects to earn about 50% a year on average between now and 2025. (barrons.com)
Initially i thought that she was saying $300, which was also close to my Fibonacci retracement level of 0.618, but $3000?
Will Tesla save the world from cancer till 2025?
For those of you who buy Tesla stocks because it`s cool, let`s look at the numbers compared with a company that really sell cars, Toyota:
TESLA
Market Cap 604.967B
PE Ratio (TTM) 984.80
Forward Dividend & Yield N/A
Earnings 2020 721M
TOYOTA
Market Cap 212.475B
PE Ratio (TTM) 15.09
Forward Dividend & Yield 4.24 (2.80%)
Earnings 2020 2.08T
Not to mention other car producers that will take Tesla`s EV market share soon:
So if you have to choose between a Tesla and the new electric Hummer, or Mustang, or Escalade, what would be it?
Meanwhile, if you haven`t sold TSLA here:
Then you could be too much exposed in TSLA shares to give up shilling it.
If you are interested to test some amazing BUY and SELL INDICATORS which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
TSLA (Tesla) Inverse Head & ShouldersTitle: Buy BUY TSLA ( Tesla )
Asset: Stock
Platform: Robinhood/WeBull/Etrade/ MT4
Symbol: TSLA
Type: Buy Market Execution / Buy Limit
Time Frame: 1D
Entry Price 1: $645.00 ACTIVE ✅
Entry Price 2: $625.00 (PENDING)
Stop Loss: $595.00 (500 Pips)
Take Profit 1: $695.00 (500 pips)
Take Profit 2: $745.00 (1000 pips)
Take Profit 3: $795.00 (1500 pips)
Take Profit 4: $845.00 (2000 pips)
Status: 🏃🏽♂️Active🏃🏽♂️
TSLA (Tesla) Inverse Head & ShouldersTitle: Buy BUY TSLA (Tesla)
Asset: Stock
Platform: Robinhood/WeBull/Etrade/ MT4
Symbol: TSLA
Type: Buy Market Execution / Buy Limit
Time Frame: 1D
Entry Price 1: $645.00 ACTIVE ✅
Entry Price 2: $625.00 (PENDING)
Stop Loss: $595.00 (500 Pips)
Take Profit 1: $695.00 (500 pips)
Take Profit 2: $745.00 (1000 pips)
Take Profit 3: $795.00 (1500 pips)
Take Profit 4: $845.00 (2000 pips)
Status: 🏃🏽♂️Active🏃🏽♂️
What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
A true head & shoulders pattern doesn't occur very often, but when it does, many technical traders believe it's an indicator that a major trend reversal has occurred. A standard Head & Shoulders pattern is considered to be a bearish setup and an "inverse" head & shoulders pattern is considered to be a bullish setup.
KEY TAKEAWAYS
* An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
* An inverse head and shoulders pattern, upon completion, signals a bull market
* Investors typically enter into a long position when the price rises above the resistance of the neckline.
Tesla Magic Triangle TrickPrice is intersecting long and medium term trend. Watch the black triangle catch price and give confirmation as to breakout or breakdown. Break below base of the triangle should confirm bearish channel. Longer term bull channel can still catch and hold price, we will know mid-week next week! Probably trades the inverse of the 10yr which is running up and to the right. I think Tesla struggles, massive energy spend on the way up, and its currently leaking energy via drift downs, typically not a great omen.
Tsla Breakout Looking for Tesla to breakout of this inverse head and shoulder by maybe tomorrow if not then in the near future. Also check out the Macd and RSI on the Daily time chart. Rsi just under 55 and the Macd converged few days ago. I think all other Ev,s will follow. My top picks $FSR, $NIO, $XPEV and $QS. My breakout point on TSLA tomorrow is at 706ish.
Thanks if you guys liked this post make sure to leave a thumbs up. Let me know what you think, this is my first post many more to come.
TESLA : PRICE ACTION IN DAILY TMF , PRICE IS GROWN ! 🔔🔔🔔//UPDATE//
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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!
Did Tesla Find its bottom? We will see; $1000+ By summer? 4hr4 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!
The EV market is getting crushed, but for so long? The electric vehicle market is experiencing a major correction, among the most affected are Li Auto, Xpeng, ElectraMeccanica and Romeo Power, I myself made the mistake of thinking that another bullish streak was coming but it turned out the opposite. However, a whole and growing sector cannot continue to decline indefinitely, they will eventually hit the bottom to rise again, the question is when...
NASDAQ:TSLA
NYSE:NIO
NASDAQ:NIU
NASDAQ:SOLO
NYSE:XPEV
NYSE:RMO
NASDAQ:LI
AMEX:LIT
Tesla is still Technically BearishJust based on my last post, I'm going to say I told you so.
Lots of people are too eager to buy this dip when further downsides are still possible, especially as long as BTC continues to continue to consolidate and create uncertainty with TSLA shareholders that don't believe btc.