Teslamotors
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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Strategy : ABCD PATTERN IN BULLISH TREND
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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.
TSLA Broke FloorI want 666 entry on the way back up.
As you can see, I think you can get better than that.
I just think 666 is an excellent spot to put in for my last push with TSLA to 1500.
Hopefully something goes really well in my other ventures so I can get this within a week or two.
Goodluck, Happy trading.
Tesla buy or sell? Bubble?Reasons to buy Tsla
Although electric cars occupy a small portion of the global automobile market, Tesla has acquired a large market share within this niche segment. Tesla has a little less then 1% marketshare worldwide which is impressive for a young car company like Tesla. Especially in the electric segment where it has 16% marketshare in 2019. The company has a strong performance adn the unique design helps the sales. For example the preorder of the Tesla Truck. Also the solar and storage deployments will probably witness significant growth aided by the positive reception of the Megapack and Powerwall products.
The delivery of Model 3 has risen significantly, which counts for a big part of the companies overall deliveries since it the best selling car of Tesla so far. Besides Model 3, Model Y is also improving Tesla’s prospects. The construction progress for Gigafactory 4 in Berlin and Gigafactory 5 in Austin are also underway, with production from both plants expected to start this year.
With China being the biggest EV market, Tesla’s ambitious production plans in the country bode well. Robust production of Model 3 from the new Gigafactory in Shanghai bode well for its future growth. The Shanghai factory is ramping up well and commands a higher market share in the Chinese EV market.
Over a multi-year horizon, Tesla anticipates achieving 50% average annual growth in vehicle deliveries. Meanwhile, low leverage of Tesla offers financial flexibility. Notably, its long-term debt-to-capital ratio stands at 0.31, lower than its industry's 0.54.
Historically, from 2016 to 2020 sales of TSLA increased in average of 45% from one year to another, with an estimate of 49% sales growth for 2021 and 33% for 2022.
The liquidity and Solvency of Tesla are both scoring good which means Tesla is able to pay of short term as long term obligations.
Reasons to sell Tesla inc
The company’s high R&D and SG&A costs do raise concerns. During the last reported quarter, R&D and SG&A costs were up both yearly and sequentially. Capex soared 138% year over year and is likely to increase this year as well, thereby affecting cash flow and margins.
Tesla's excessive reliance on credit sales remain a concern. In 2020, Tesla posted a net GAAP income of $721 million. Without the regulatory credit sales, the firm would have incurred a loss to the tune of $859 million.
Stretched valuation of Tesla is a concern. Going by the EV/EBITDA multiple, which is often used to value auto stocks, Tesla is currently trading at a trailing 12-month EV/EBITDA multiple of 187.9, considerably higher than the industry average of 52.41. The firm’s P/S ratio of 17.3 also compares unfavorably to the industry’s 3.05.
Tesla bubble?
Based on the future outlook of the industry and the company and considering all the discussion around TSLA bubble, it can be assessed which will be the fair value for the company at the moment. For this, the EPS reported for last quarter was taken and annualised which gives us 0,96$ per share. Based on recent developement and estimation, it is forecasted that Tesla will have an annual growth in earnings of 40% each year, first 5 years and 10% from year 6 to year 15.
For safety reason 15 years is the number of years we will calculate with as there is a reasonable time to recover an investment. The forecasted EPS after 15 years based on this growth is around 12,17$ per share. Multiplying these with a decent P/E ratio of 35, the fair price would be currently below 500$, while the real price is just under 800$.
Buy or not?
Although it is clear that the company is the market leader and may outperform without problem any other company from the industry for the never ending future, however, following value investing principles, the current price is out of real position and may lead to the fact that the stock is overvalued.
Thus, the stock may face a corrective action in the near future. However, it is a bit funny to observe that even in a period of instability and uncertainty and in this Covid-19 situation, where people use the cars a lot less, Tesla kept it's position, and even increased its position, without recording great losses.
This could mean that value trading as we know, may not be applicable anymore and the investors should adjust and adapt trading principles and behaviours accordingly.
If you are a value investor, like I am, then Tesla is not the right choice to invest in.