Tesla Trade PlanSupport area $225 level
Potential retrace up to $283 will take some profits
Stop loss set to $215
Will pick back up $195 - $205
Teslashort
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.
TSLA Approaching Major Top at $420 (Elliot Wave 5)Although I personally am a big fan of Tesla and the cars, this analysis is not about my love of the cars but rather the balance sheet and technical analysis. It is no secret that Tesla (TSLA) is the most shorted stock in the United States right now. The balance sheet and cash flow make no sense (burning through billions of dollars in capital each quarter, constant net losses and never made a net profit for the last 10 years, and yet the stock price keeps going up). Despite all this, Elon and his magic make people believe (can anyone say "behavioral finance"?)
However, if you look at the Elliot Wave macro outlook, it looks like TSLA is approaching wave 5 (which would mark the top, then a ABCD correction would follow) - and if the waves tell us anything, the "top" wave 5 would appear to be around $420 - the exact price Elon tweeted he would take his company private at today.
This is not a recommendation to short TSLA stock - everyone who has done that for the last 10 years has lost money. Rather, it is an observation that $420 may indeed be the market top for TSLA, even if they do end up being a solid car company for many years to come.
Tesla Will Be Okay!!! Don't Sell!!The reason Tesla will grow again! Tesla has gone through way worse stuff that Elon smoking some weed! He would be fine if guilty and so would the stock. if he has to make the decision to step down, which he wouldn't do he's too crazy to do that, but if he did Tesla would go on to be bought by google and would boost the stock again!
Tesla Analysis + PredictionsTesla is going to be trailing with some negative correlation at around a $315 price point. Tesla as a whole has been undervalued lately though as a stock due to short bets against Tesla's company. Numerous Wall Street analyst don't seem to be seeing positive growth for Tesla. This is likely the reason the company is transferring to private ownership. With many people concerned over Tesla's stock price and all the news surrounding shortening, it likely prevents Elon Musk from continuing growth or increasing morale for its corporate culture.
$TSLA | Heading Lower | Counter Trend MoveHello Traders,
Model suggests further decline in in Tesla. This is a counter trend move so any of the following targets can have a strong reaction and start a reversal in price. Idea becomes invalidated if new high is created, which is common with counter trend moves.
Is Tesla finally gonna burn down?Turbulent days/weeks for Tesla and Elon Musk.
After Musk's tweet saying he planned on taking Tesla private for $420 (20% higher than the price at that time) spurred a major bull run the troubles began.
First of all he mentioned that the funding was secured...which it wasn't. Possible investor was a Saudi controlled investment company which seems to be backing off from Musk and invest in a competitor instead Lucid Motors. Second the SEC is starting an investigation into false price manipulation because of that. And as third the Board knew nothing about it which is a very concerning managing style.
These are not the only problems Tesla is facing.
-It also hasn't made a single annual profit since it was founded 15 years ago.
-Production is lagging behind.
-Multiple accidents with the Auto-Pilot (granted the driver still has to pay attention)
JPM is also adding fuel to the fire by lowering it's price target from $308 to $195 by December 2018.
As for the technical side looking at the weekly chart, MACD is looking for the "bearish" crossover. The 10-week RSI has plenty of room left to fall even further.
I suspect it might find some support around the level of $284.50. In the event of a clean break we're gonna retest the trend that was fromed in Februari '16. Managing to beat that trend JPM's target is definitely not out of reach with the signs of some real support around $180.
That pretty much sums it up!
Disclaimer: I'm not telling you what to do always cross reference with your own analysis. I'm not responsible for your loss!
TSLA ShortThe chart is somewhat messy - I reserve that right :D?
- Will look to short if Blue and Purple Trendlines are breached.
- Volume profile suggest price could fall to around 301... perhaps further?
TSLa under strong selling pressureThere it goes. As I earlier pointed out TSLA is in a huge correction period both due to unsatisfying financial results and the mess surrounding such a car maker (can it be considered a car maker anyway? Production rate is kind of small to be a car maker).
A possible interesting area to watch out for a probable reversal is the red block one. Just around 280$ price tag that, by the way, is the price at which, in March 2017, a gap up occurred.
As a further bear indicator we can see that the stock is traded below the 200 days EMA. Whistleblowers and never ending legal actions doesn't help in keeping the price at 300+ per share (that is indeed too much all factored in).
**As usual not a trading advice but merely my idea for informational and educational purposes only***
Tesla Stock: $300 Short TargetPeople love to be overwhelmingly critical of Tesla Motors, especially given yesterday's analyst call. However, Tesla is seemingly going to expand throughout 2nd quarter 2018. Even given how much money they burnt, they still technically surpassed revenue expectations and are a growing car company. Given where electric cars are heading as well as the moderate success of the Roadster and Model S, it is unreasonable to consider Tesla a failing company. The continuous bidding against it shows some short biases.
tesla short - trend and fibboTA say tesla might continue its path down, also tesla gets loads of bad commentery over them, that also is a reason they might go down even more!
TSLA - TESLA Short To The CenterlineThe white Fork shows that price fell back to balance.
The orange Fork reveilles where the Pull-Back balance is.
If price is closing below the orange Centerline, then chances are very high that we see price at the white Centerline very soon.
Although I like the company very much, I know what my job in trading is...it's a clear Short to me.
P!
DEAD FROM INSIDE, HEALTHY FROM OUTSIDE: LIKE STERIOD USER (TSLA)
TSLA Net profit each year ( lossing millions)
( in Millions)
2007: -80
2008: -79
2009: -52
2010: -147
2011: -251
2012: -394
2013: -61
2014: -187
2015: -717
2016: -667
First, let's see what other successful investors have to say:
David Einhorn: Took a huge short position on TSLA
Einhorn has averaged annualized returns of 16.5% over the last 20 years. He's no mug.
Berkshire Hathaway: No long position of TSLA stock
Berkshire Hathaway is Warren Company and big than all others
Even Elon Musk himself admits his stock is overvalued:
www.cnbc.com
I mean it's common sense, someone else is paying $55 Billion for a company "x" because he thinks that company is "Cool" doesn't mean you should also pay the same amount as you know the fact that company "x" is losing $400-700 million a year.
sign for $TSLA shorts?NASDAQ:TSLA gapped down on Thursday with the broader market. Although it seems to recover the gap at the end of day and Friday morning, it lacked momentum on both sides. The action near end of day, instead, showing evidence of bear edging out the bulls in today's consolidation.
When momentum picks up on Monday, a broader market bearish tone would likely push TSLA price lower. First sign of possible support is at 364 - 165 area, and a more solid one at 360.
TSLA - From stretch to relaxThis is a situation, where TSLA will reach the centerline with a chance of over 80%, according to the rules of the fork.
Playing this small, but playing it.
P!
Tesla weeklyHi there,
I normally do only Forex but wanted to try out my pitchfork technique on
something different so I tried Tesla.
I found a nice energy point, maybe price will retest and give another short opportunity
on a lower time frame.
Goodluck!
Tesla#TSLA shares
Negative divergence, short term.
Gap
Short under 300, 300 should be strongest resistance
Time to sell Tesla! - 1st target at 246 UsdPrice has broken its trendline. It is now tumbling down with increased volumes. 1st target at 246 Usd, Final target at 0.50 Fib at 233.40
