Teslamotors
Tesla -> The Bottom Is Finally InHello Traders,
welcome to this free and educational multi-timeframe technical analysis.
On the weekly timeframe you can see that Tesla stock is currently retesting quite strong previous weekly structure which is now turned resistance at the $220 level.
However you can also see that the weekly moving averages are finally crossing bullish, weekly market structure is also shifting back towards the upside so in my opinion there is a significant chance that Tesla found a bottom over the past couple of weeks and is now ready for an agressive push higher.
On the daily timeframe you can see that Tesla stock is currently a little bit overextended towards the upside so I am now just waiting for a retracement back to a previous daily resistance area which is now turned support at the $210 area and then I simply do expect more continuation towards the upside from there.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tesla -> Breakout And New RallyHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that as we are speaking Tesla is now once again retesting previous weekly resistance which is turned resistance again at the $200 level.
However you can also see that Tesla recently broke out of a quite nice flag pattern, which in this case is a bullish continuation pattern - Tesla is also creating weekly bullish market structure so from here I simply do expect a break and retest of the current resistance and then more upside potential.
On the daily timeframe you can see that Tesla stock is again retesting also daily resistance, so from here I am also waiting for a breakout before I then do expect another quite strong daily rally to retest the next resistance level at the $240 level.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TESLA STOCKSWaiting for retest at 125$ zone.
Tesla might go rocket at 330$. This idea base on my own analysis on chart only.
This is not a financial advice.
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Tesla -> Bullish Continuation PatternHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla just recently retested and rejected a quite nice support zone at the psychological $100 area which was acting as support.
You can also see that over the past couple of weeks, Tesla has been forming a quite obvious weekly bullish flag, which is normally a continuation pattern, so I am now just waiting for a break above the resistance trendline and then I do expect another bullish rally.
On the daily timeframe you can see that Tesla yesterday retested and rejected a quite obvious previous structure level at the $190 area which was acting as resistance - I am now just waiting for a break and retest of this level before I then do expect also a daily rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
$TSLA Can Fall #TeslaTraders and Investors, Tesla has been in a downtrend and is looking weaker at the moment. It is forming a potential M pattern which can push the price down. A good confirmation may be needed to initiate a position.
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The content of this analysis is subject to change at any time without notice and is provided for the sole purpose of education only.
Not financial advice or signal. Please make your own independent investment decisions.
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Tesla Local Bottom- Sound like an easy setup.
- keep it simple.
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Trading Part
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- Buy 125$ ( 25% invest ).
- Rebuy 100$ ( add 75% invest ).
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- TP : 195$
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Happy Tr4Ding !
Tesla -> There Is Still HopeHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock just recently perfectly retested and already rejected a quite obvious previous weekly structure area exactly at the HKEX:200 level.
You can also see that weekly market structure is now bearish, we are currently retesting weekly support though and there might just be a chance that we will see another bounce towards the upside from the current levels to then retest once again the resistance at the HKEX:200 area.
On the daily timeframe you can clearly see that market structure on Tesla is currently still bearish so I am now just waiting for some bullish rejection at the current support zone before we could then definitely see a daily short term rejection towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tesla -> Last Chance For BullsHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock is actually currently rejecting a quite obvious weekly previous support/resistance area towards the downside exactly at the HKEX:200 level.
You can also see that the next major support zone is at the psychological $100 area from which we already had a strong rally a couple of weeks ago so I am now just waiting for another retest of the support zone and then I do expect another rejection towards the upside from there.
On the daily timeframe you can see that Tesla stock is retesting previous daily support at the HKEX:165 area, market structure is currently still bearish so I am just waiting for some bullish confirmation inside this zone before we could then see a short term rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
TSLA Tesla Options Ahead of EarningsIf you haven`t bought TSLA here:
Then analyzing the options chain of TSLA Tesla prior to the earnings report this week, I would consider purchasing
Puts with a $183.33 strike price and an expiration date of 2023-4-21, for a premium of approximately $6.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
$TSLA: Correction is over?Looks like $TSLA is about to rally and head towards $255 next...the daily trend which was down is now reversing to the upside once again, so it is a low risk idea to go long today if price holds up and doesn't go back below yesterday's close.
Best of luck!
Cheers,
Ivan Labrie.
Tesla's net income is down 22.6% YoY, down 31.5% QoQYesterday, after the closing bell, Tesla announced its earnings for the first quarter of 2023. The company reported a net income of 2.539$ billion and total revenue of 23.329$ billion. Net income saw a double-digit decline on a yearly and quarterly basis, while revenue declined only on a quarterly basis. In 1Q23, Tesla produced 440 808 vehicles and delivered 422 875 of them. During the same period, the company rapidly grew its energy storage production capacity at a mega-factory in Lathrop and announced a new mega-factory in Shanghai. In addition to that, Tesla cut its vehicle prices multiple times, intending to attract more buyers and get a competitive edge against its rivals. That proved a good strategy, with Model Y becoming the best-selling vehicle of any kind in Europe during 1Q23. The report also states that energy deployments increased by 360% YoY, and solar deployments rose by 40% YoY. In regard to the future outlook, Tesla plans to grow production as quickly as possible. In line with that, it plans to launch the production of Cybertrack at Gigafactory in Texas and reach a total production of vehicles of 1.8 million by the end of the year.
Net income = 2.539$ billion (-22.6% YoY, -31.5% QoQ)
Total revenue = 23.329$ billion (+24% YoY, -4% QoQ)
Total production = 440 808 (+44.3% YoY, +0.2% QoQ)
Total deliveries = 422 875 (+36.4% YoY, +4.3% QoQ)
Please feel free to express your ideas and thoughts in the comment section.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade.
Tesla -> Ready For The PumpHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock is about to once again retest a previous weekly support zone exactly at the HKEX:175 area.
You can also see that weekly market structure is bullish again so I am now just waiting for a deeper retest of the area before I then do expect a pump away from the support zone to retest the next resistance at $195.
On the daily timeframe you can see that Tesla stock already had a first initial rejection away from the zone, showing that there is definitely some buying pressure at the support area, so I am just waiting for a daily retest and then a rejection towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
$TSLATSLA is approaching daily & weekly resistance and yesterdays highs in pre-market, this is what I will be looking for today:
long:
- dip to PM lows/1h PoC and hold
- break above PM/yday high, retest & hold
short:
- pop to PM/yday high & fail
- reject at 200
- break below yday/PM low, retest & fail
supports: 196, 195.28, 194.93, 193.3
resistances: 197.5, 199.59, 201.29, 202
Tesla -> Preparing The BreakHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla just recently had a rally of about 100% towards the upside followed by a healthy short term correction.
As we are speaking, Tesla stock is starting the next impulse towards the upside, you can also see that we have the potential to create an inverted weekly head and shoulders so I just do expect more continuation towards the upside from here.
On the daily timeframe you can see that Tesla stock is over and over again retesting the daily resistance area at $200 so I am now just waiting for a break above the resistance and a retest before I then do expect the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Mars or Bust I have been suspect of the Tesla recovery that took place from January 2023 - February 2023. I get it, we "bounced" after a 65% collapse (which we properly identified in May 2022 - attached to this summary), but a 100%+ recovery over the course of 6 weeks is an incredible "breadth" for such a short amount of time and what is a relatively large market cap.
Anyway, I think such a move suggests there are still plenty of gullible bulls, trying to front run a bottom... It would make sense that such amateur behavior (desperately front-running a bottom) would occur in a place that is inherently hysterical and wrought with wishful thinking and tall tales.
Tesla -> Time To Move HigherHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock is about to create a quite nice inverted head and shoulders with the neckline being exactly at the $220 area.
You can also see that market structure is currently bullish, we just had a rally followed by a healthy correction so from a weekly perspective I just expect a break above the neckline and then more continuation towards the upside.
On the daily timeframe you can see that Tesla stock is right now retesting previous daily support which is now turned resistance so I do expect a short term rejection away from the resistance area but then definitely the longer term continuation towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
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Tesla -> The Bulls Are BackHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock just recently perfectly retested and also rejected an obvious previous weekly support zone which was now turned resistance.
You can also see however that as we are speaking we are retesting previous weekly support, we are also having the potential creating of an inverted head and shoulders so from a weekly perspective I just do expect the continuation towards the upside.
On the daily timeframe I uploaded my last analysis before the recent drop, perfectly predicting this correction and now from a daily perspective everything looks quite bullish, so from here it is definitely possible that we will see the next rally towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset:
Tesla -> First Drop And Then PopHello Traders,
welcome to this free and educational multi-timeframe technical analysis .
On the weekly timeframe you can see that Tesla stock is now perfectly rejecting a quite obvious previous weekly support zone, which is now turned quite strong resistance.
However Tesla stock is also approaching a previous weekly support zone, from which we could potentially also create a right shoulder, forming an inverted head and shoulders pattern, so from a weekly perspective I do expect a retest of the $170 and then a rejection towards the upside.
On the daily timeframe you can see that market structure is currently massively bearish, but as mentioned above I am now just waiting for a retest of the previous support zone at $170 from which I also do expect a daily rejection towards the upside.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis of this asset: