CNBC and Morgan Stanley are idiots. TSLA is a buy.This is a fractal analysis of THE most undervalued and hated upon and shorted upon Tech stock of our generation.
The constant barrage of anti Tesla FUD has gotten to such an extreme level that me and my wife had to make a friggin youtube video about it on our
quite small youtube channel:
youtu.be
This analysis is quite simple, based on a fractal idea, and in early 2016 we had the same situation as now.
The chart situation looked very similar. Back then, the stock also fell by a factor of 2 over months, reaching brutal lows in early 2016.#
The same people were responsible: CNBC, Chanos, Morgan Stanley et al.
Very very similar situation back then. And we all knew what happened afterwards.
People shorting Tesla are like People who in the early 20th century said:
THIS AUTOMOBILE WILL NEVER TAKE HOLD. I'LL PREFER MY HORSE ANY DAY!
Or people who back in the 90s said: BAAAAHHH...I WILL NEVER USE THIS STUPID INTERNET THING!!
Or people who now also say: BITCOIN IS A FRAUD, IT WILL NEVER SEE MAINSTREAM ADOPTION.
People who don't understand what a paradigm shift is occuring now in the automotive sector, the transition from ICE cars, to electric cars,
need to wake up. Shorting this stock at these levels here is madness. But, it is a perfect opportunity to get in cheap for a nice long position.
CNBC and their vassals Chanos and Morgan Stanley, want to manipulate this market, because they get money from Big Oil and the old, dying, Legacy carmakers.
The ICE car is dying, and they are desperate. Sales of traditional cars stay constant at best, but tend more to the downside.
Whereas electric vehicle sales x10 folded worldwide from 2013 to 2018. They continue to do the logistics- S curve, and are growing exponentially.
And so is Tesla.
Demand for the Model 3 is huge, and the Shanghai Gigafactory 3 will soon go online. They have consistently sold x2 more cars every year than in the previous year. 2019 will be the same.
A cheap model 3 produced in China, flooding the market. Production margin will increase even more.
Would you have shorted the Automotbile in 1900?
Or the Locomotive in 1830?
Would you have shorted the Television in 1950?
Or the PC in 1980?
Then why short Tesla? WHY SHORT INNOVATION?
It doesn't make sense.
And CNBC and Morgan Stanley are idiots and manipulators.
This was my anti Tesla FUDsters and Shorters rant. Enough now ! CIAO !
Teslamotors
Tesla: Long term buy opportunity.TSLA has made contact with the long term 1M Higher Low supporting trend line, which has provided strong rebound points since Nov 2013. This is the most optimal long term buy opportunity as 1W is approaching the oversold zone (RSI = 32.837). We are long on Tesla targeting 265 before the end of the year and 360 - 380 on a two year horizon.
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TESLA - BEARISHTesla has broken out of the bullish channel and is now looking very bearish.
Blue triangle indicates the current range.
Green box is buy.
Red box is sell.
Blue line indicates potential support/resistance .
Red line indicates t/p.
This is a log chart.
This is not financial advice. All charts shown on my page, including this one, are just for fun.
If you enjoy my ideas please give this post a like and follow my page if you would like to see future posts! :)
This chart is made using fib channels.
Tesla Rare Buying OpportunityIn this monthly chart of Tesla you can see that we've reached a supporting trendline that goes back to May 2014. I believe the fundamentals of Tesla are stronger than they were in 2014 so I expect the trendline to hold, but if it doesn't, I have a stop loss prepared right below the 50% retracement level.
The first conservative area for taking profit gives us a risk reward of 4x. For the more aggressive investor, you can use the upper-most trendline which would give you a risk reward of 8x or greater.
Please see my previous TSLA idea to see how well my last TSLA prediction worked out.
To be clear, I'm not sure if this trade is going to work nor do I assume any trade will work, the important thing here is the risk reward.
$TSLA LONG | CURRENTLY ON SUPPORT LEVELHello hello hello...
It's time for a brand new analysis, today we're breaking out $TSLA.
This chart is on 1 hour timeframe. As we can see $TSLA has hit the 250 mark for 2 times already and it has bounced back to 300-340 mark. This pattern has hit already twice in a row, now we will see if it happens for the third time.
RSI9 is pretty nice indicator in downtrends and if you look at the RSI bottoms it is lining up with other dips. After these dips it everytime does a correction. Even tho Wall Street is now skeptical about Tesla's future, I still believe in chart analysis. It will get up! :)
#LONGTESLA
Tesla Stock Analysis: Chart Pattern Analysis Conclusion for today’s Tesla motors stock analysis: Breakout from the triangle formation confirms the direction of the next price swing for Tesla and also the minimum projection for price movement.
Tesla Inc.’s (TSLA) intraday timeframe analysis is provided on a 6 hour timeframe with coverage of over 24 months of price action. Previous analysis for Tesla calling for a move to the downside is provided in the link below this analysis. Immediate attention is drawn back to the region analyzed previously for Tesla, which is the meandering action since price reached a peak of 389.57 on September 18, 2017 to current date.
The aforementioned region above was described in the previous Tesla stock analysis as a rectangle top pattern. Revision of the chart for today identifies the chart pattern as either a descending triangle or a symmetrical triangle.
It is important to appreciate the fact that price action sometimes can satisfy the minimum conditions or criteria for different chart patterns, which it did in this case. What is crucial is to understand the implications of the different chart patterns, projections, as well as momentum to refute tendencies or provide confirmation.
The updated chart patterns considered therefore for Tesla are the descending triangle and the symmetrical triangle. The former has a bearish implication ideally, while the latter reflects a balance between bullish and bearish strength.
Tesla currently trading at the bottom of the established range is expected to continue is current sell off should price close below the triangle and also below 245.55. On the other hand, continuation of the bullish move from the price low of 260.70 established on April 03, 2019 should see the price of Tesla target the upper boundary of its current sideways range as the minimum expectation.
Breakout of falling wedge $TSLATSLA has been trading in a falling wedge since the middle of december 2018.
It perfectly touched the upper and lower trendline a few times and now broke out above the upper trendline.
Entry for this is anywhere around 292$-295$
Target = 372$
Stop loss = 235$
Risk/Reward ~ 1.4 - 1.5
TESLA (TSLA) WEEKLY TIMEFRAME LONG The price chart for Tesla seems to be stuck in a range ever since price broke the 275.74 level, which had previously acted as resistance and now is support. The current resistance is at the 370.63 level and history shows that whenever price gets stuck in a loop (range), the support normally holds at least for three touches. Hence, now price has actually bounced off the 275.74 support level and we expect it to creep towards the 370.63 resistance level before we can see if the level holds or price breaks through and continues on a bull run. A trendline on the weekly timeframe also confirms the bullish momentum, as prices have already tested it four times, giving a pretty clear confirmation that the trendline holds.
For those traders who might have missed this trade, a good place to enter a trade would be on the breakout of the counter-trendline which can be drawn on the lower highs on the daily timeframe. We just hope that Elon Musk is not caught smoking a joint again or rambling nonsense on Twitter.
TESLA (TSLA) WEEKLY TIMEFRAME LONGThe price chart for Tesla seems to be stuck in a range ever since price broke the 275.74 level, which had previously acted as resistance and now is support. The current resistance is at the 370.63 level and history shows that whenever price gets stuck in a loop (range), the support normally holds at least for three touches. Hence, now price has actually bounced off the 275.74 support level and we expect it to creep towards the 370.63 resistance level before we can see if the level holds or price breaks through and continues on a bull run. A trendline on the weekly timeframe also confirms the bullish momentum, as prices have already tested it four times, giving a pretty clear confirmation that the trendline holds.
For those traders who might have missed this trade, a good place to enter a trade would be on the breakout of the counter-trendline which can be drawn on the lower highs on the daily timeframe. We just hope that Elon Musk is not caught smoking a joint again or rambling nonsense on Twitter.
Tesla TSLA american stock buy opportunities off weekly demandTesla TSLA american stock buy opportunities with weekly demand zone at $260 per share is in control. Very sharp reaction this week on Tesla stock, price kissed weekly demand imbalance and rallying strongly, almost $20 this week.
As supply and demand traders, we do not need to pay attention to the news, fundamentals or any earnings reports. Once a big timeframe imbalance has gained control, earnings do just the opposite and reacts strongly to those imbalances. Why is it that you see positive earnings and then the underlying stock drops like a rock, or a negative earnings announcement and the stock rallies like a rocket out of control? You are probably missing the fact that there are big imbalances gaining control.On Tesla american stock we had earnings last 30th January 2019, it was 25.41% worst than expected, 0.78 over estimated 1.05. What happened after a few days, price dropped to weekly demand level at $260 and rallying strongly. Earnings? What for? Unless you are doing very short term trading and scalping, you should not worry about fundamentals or earnings announcements.You can use these imbalances to plan your trades in lower timeframes. There are several ways of buying stocks. When trading stocks, you can buy shares of the underlying stock or use options strategies to go long or short at these specific supply and demand levels, long calls or long puts or spreads.
$TSLA Giga-move
In the ranging market from December 2013 to December 2016, there were what I see as 3 main moves between $177-$290.
In the current range from March 2017 to now March 2019, you can also see 3 main moves, just a little messier.
The UTA (Ultimate Trend Analyser) and Spectro-O confirm that there is plenty of room for a big move up over the coming months. Spectro-O looks like an almost perfect fractal from February 2016 to February 2017 where I have highlighted. The UTA confirms volume has changed and we're near the optimal entry.
The 50 month MA has been tracking as a well used dynamic support with TSLA and we have come down and kissed it just over the last week, found support and started moving on.
Optimal entry will be under $280 and will need to implement a well thought out stop loss strategy if you're wanting to capture the full move.
Fundamental fuel:
New Giga-factory- www.zacks.com
Model Y reveal in 4 days- cleantechnica.com