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Teslamotors

Bearish divergence on TESLAThere is a bearish divergence between the price and RSI (as well as Stochastic, not on the chart). MACD has been in overbought territory for quite sometime now. This doesn't mean the price has to go down but since there are a few indicators pointing to a move down as well as the fact the price is now at the top of the channel, I would not be surprised if TESLA revisited the lower line of the current channel, around $670-$690. I sold some shares for a huge profit at $700 and $716 (bought at $422). If the price retraces to the lower line of the channel I will add more to my position. My strategy for TESLA is to hold shares for the long term and take advantage of the big swings to trade a few shares and keep some profits in my pocket. ***If you get anything out of this TA, please like and follow for future updates and more TA. Thanks a lot!*** ***THE IDEAS SHARED HERE ARE MY OPINION. THIS IS NOT FINANCIAL ADVISE TO PLACE TRADES. PLEASE DO YOUR OWN RESEARCH AND ANALYSIS BEFORE BUYING/SELLING STOCKS.***
NASDAQ:TSLA
by Safe_Trades
8
TSLA continues upwards relentlessly. Short-term 12% rise coming.There is no doubt about the value of Tesla as a company. The proven value they provide is obvious: reducing EV manufacturing cost, making the best energy storage, launching self-driving, Tesla insurance, and more to come. However, regardless of fundamentals, this is a technical analysis that only considers the chart. That is generally my style. Today's green candle might not be huge, but it is a very strong signal of the bullish momentum to come. Yes, there is still bullish momentum in TSLA. This ascending triangle is getting broken to the upside. Taking the height of the triangle draws a target at $770, a 12% rise . Further is a higher target at $873 which I've set some time ago based on bigger scale trend analysis and Fibonacci which I might show later. The stop loss is at two points, depending on how reckless/conservative you are. The higher one is below the last swing low at $650. I don't see this one as a very convincing stop loss because price didn't linger there long enough to establish support. The lower stop loss is the support at $605 . This makes a 1:1 Risk-Reward trade; not very lucrative. However, it is a reason to hold on to your current longs. I see this as a strong signal of upward momentum and another reason to suggest $873 is achievable soon. Oh. You might wonder why my triangle is crooked. An ascending triangle is supposed to have its upper line horizontal. Well, that's simply my experience observing Tesla. Call it an inflation-adjusted triangle, or whatever reason is accelerating TSLA's upward moves and decelrating its corrections, but in any case, it is easily justifiable to look at TSLA chart skewed upwards.
NASDAQ:TSLALong
by TechNerdOmar
10
TESLA Included into S&P500 Index. Recession? What Recession? TLDR:Stocks are massively overvalued, thanks to Central Banks, but things can go on like that for quite some time. Hello, Traders! This is the post that is aimed to bring to your attention, That TESLA , a car company, will be added to the S&P500 Index on Monday 21st of December 2020 Stock market cap exceeded 621 Billion Dollars ! Yet, I am not calling you to marvel at the genius of Elon Musk But to wonder, how is it possible, that a company that delivers 0.5 million cars per year Is worth 3 times as much as the next most expensive car company Toyota, that delivers 10.5 million cars a year A question that is shadowed by the enigma of the stock market beating all-time-highs In the middle of the worst economic recessions since the Great Depression Just to make it clear: I am not saying, that Tesla makes bad cars, or that it is a bad company But is it overvalued? It everything overvalued? I think the answer is obvious:YES Another question then how long will this insanity last A year? 10 years? Or the Central will just keep printing money till the whole world starts resembling Venezuela? If you want to short-do so with options, as your downside is fixed and limited Because the markets can stay irrational far longer than you can stay solvent Anyway, I think that 2021 will bring a wave of bankruptcies in the real sector Which is a solvency crisis, not the liquidity crisis. The difference? In the liquidity crisis, you want to borrow,but cant do so In the solvency crisis, you haven't got enough cashflow to service a loan Even if you are offered one. And that is the kind of crisis that the FED can't solve At least within its current framework. So stay tuned, 2021 will be interesting!
NASDAQ:TSLALong
by TopTradingSignals
2
Tesla "Long"As announce today and based on the dilution decision of the Tesla to sell some of its shares of its company for 5 billion $ value what is the meaning of that for stock holders? As Tesla is investing in Berlin and Texas for new factory lines and consecutively higher production rates, this 5 billion dollar absorption of Finance has a clear asset value and debt reduction of Tesla within 3 months. This perhaps will lead to risk reduction and lowering of current debt ratio of the company. The positive side of point of view is that now each stock has a higher value with 5 billion dollar cash flow in. Though it seems a dividend dilution for investors but in fact this strategy is a risk management approach for higher production rate and especially for future. With this move not only the current valuation make more sense but it also will have a long term impact for holders. In addition, with S&P joining in 14th and 21th of December higher means of support for this company will be provided and will bring a positive insight especially for emergence of Electric vehicles, new batteries and solar energy products in prospective years.
NASDAQ:TSLALong
by hesamjafarian
Tesla - Going down soonElliott Wave Theory suggests that Tesla's rally may soon come to an end. This is hardly mistakable as we can see a very obvious Wave 4 Triangle (in chart). Once Wave 5 is in - or already in, a major correction (A-B-C) ensues. Wave 5 could very well be an Ending Diagonal, if it decides to extend further. Ideal price to start investing in Tesla would be around the 0.5 to 0.618 Fibonacci Retracment levels . It may or may not go lower, but trying to catch the absolute bottom is not what you'd like to do.
NASDAQ:TSLAShort
by TranscendentTrades
5
TESLA: About To Take A Correction, Same Pattern Repeat?Traders, Tesla is a mighty stock and has seen tremendous growth this year. As the year 2020 is about to end, we ask ourselves about the next move of this stock. The stock is in a bull trend but has also been forming repeatable patterns. It is right now at a point where it can take correction again after completing a pattern which occurred last time too. This may or may not happen immediately or may not happen at all so we will definitely need to wait for a confirmation before we place any trades. Watch out for 18-21 Dec period on SnP500 and Tesla. ✅ Follow me for future ideas, trade set ups and the updates of this analysis ✅ Don't hesitate to share your ideas, comments, opinions and questions. ✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums. Take care and trade well -Vik ____________________________________________________ 📌 DISCLAIMER The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions. ____________________________________________________
NASDAQ:TSLAShort
by vikinsa
4
Tesla will join the SP500 S&P Global announced that Tesla will join the SP500 on Monday December 21st. Tesla will become the largest company in history when included in the SP500 index. Its quotes soared 14% on news of inclusion in the index. The share of Tesla with a market capitalization of $ 385 billion in the total capitalization of the entire index (about $ 28 trillion) will exceed 1.3%. This event will entail an automatic inflow of investor funds in the amount of about $ 51 billion. Inclusion in the S&P 500 is in line with Wall Street's expectations for Tesla's first full calendar year of profits in 2020. The company posted profits in the first three quarters of the year, despite a pandemic in which local authorities in California ordered the temporary closure of Tesla's only US car factory. The company posted a record $ 331 million in third-quarter profit driven by production at its Shanghai plant, where Tesla benefits from cheaper labor and strong demand for its more affordable Model 3. In the third quarter, Tesla was backed by $ 397 million in loans, helping it reach profitability. The company aims to ultimately produce 20 million electric vehicles a year and become the world's largest automaker. Tesla delivered a record nearly 140,000 vehicles in the third quarter and is on track to meet its goal of 500,000 vehicle shipments per year. TSLA moves in an uptrend channel . Today it has broken the resistance line of symmetrical triangle. Price encountered the resistance level of $460. The next markable target for bulls will be near $600. Best regards EXCAVO
NASDAQ:TSLALong
by EXCAVO
9