Get started

Teslashort

Tesla deliveries fall. Is its stock price next?Tesla's stock price last Friday jumped from $673.42 to $681.79, gaining 1.24% after the end of the session. Tesla stock showed signs of range contraction during the day, making an intraday range from $666.36 day low to a day high of $690.69, the narrowest in the last seven days. The stock volume was 79% of the average volume on the previous trading day, down by 11 million shares and $14 billion in value. This low volume might signify possible price changes for the subsequent trading sessions. For a longer-term view, Tesla's stock price, which is currently on a downtrend, is down by 35% this year, slightly more than the Nasdaq Composite (at -30%). Tesla stock might continue this downside as the market digests its quarterly report for the second half of this year. Tesla reported just over 250,000 deliveries, its first decline in deliveries since quarter one, 2022. On the technical side, looking at the 4-hour chart, a trend channel indicator shows a clear downtrend as candles create lower highs and lower lows. --- The price, now sitting at the top of the falling trend, might see a continued move to the downside and create another lower low at $560 after breaking the $620 support and potentially targeting the $450 price point. However, a break to the upside on the $785 resistance might indicate a potential short-term buy and target at least $865 to fill the gap. Watch for trading in the tight range of $734 and $784 in this case. Price rejecting at the $785 resistance or $620 support level means that we will see an extension to its period of consolidation in this price range, which it has held since May 11, 2022.
NASDAQ:TSLA
by BlackBull_Markets
Tesla: when are sellers coming back? Tesla Short Term We look to Sell at 774.80 (stop at 827.00) We look to sell rallies. Trading within a Bearish Channel formation. A higher correction is expected. Expect trading to remain mixed and volatile. Previous resistance located at 775.00. Our profit targets will be 621.11 and 539.00 Resistance: 775.00 / 1000.00 / 1240.00 Support: 621.00 / 540.00 / 350.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:TSLAShort
by Saxo
TSLA Tesla removed from S&P 500 ESG Index!If you haven`t seen my double top chart pattern: Tesla doesn’t have a comprehensive low-carbon strategy, according to S&P Dow Jones Indices. Apparently Tesla has issues including racial discrimination claims against the company and a government investigation after crashes due to its autopilot vehicles. In Musk tweeted that he was considering taking Tesla private at $420/share and had “funding secured”. I think in the worst case scenario we could see TSLA visiting that strong support of $420. The most likely is a sell-off to $577. Looking forward to read your opinion about it.
NASDAQ:TSLAShort
by TopgOptions
3
Anticipated 5-impulsive wave C for TSLAIn this weekly timeframe Elliot wave analysis, we created a channel for the corrective phase of Tesla where price had already began its minor impulsive wave c drop after got rejected at the zoned area of supply. We then can execute a short when 973.10 will be broken down and target at 639-643, the 0.5 fibonacci retracement of the entire motive phase wave 1. Our invalidation for this short idea is the origin of wave c at 1152. #elliotwaveforecast @marketpainterPH
NASDAQ:TSLAShort
by marketpainterPH
TSLA - TESLA Run - GAP - CRAP PatternThis seems too obvious to be true. But the facts are the facts. Besides the Run-Gap-Crap pattern, there is much more to recognize: Watch the grey up-sloping pitchfork: Price ran above the CL and now is pulling back, even closed below. This is a clear short signal. And it's in line with the yellow Mini-Pitchfork's CL too. Another tool I use often are the sloping A/R lines, also in grey. I use them for timing, and even they intersect the confluence point at the pitchforks CL and the yellow downloading Trend line. And even oscillators are telling their story too. LEAP options are my favorite instrument in this case to play this move.
NASDAQ:TSLAShort
by Tr8dingN3rd
TESLA $6000 or $400 ( Which will hit First .? )#TESLA Technical Analysis:- $TSLA currently trading at $985 As per 3 Week chart looking Bearish Divergence. So I am expecting Mid term Downtrend in #TESLA Its can give Some Upward move before downside move. $800 level is very Important support level. I am expecting $400 Target in mid term. Its Not mean I am bearish in Long term. I bullish On #TESLA In long term. After this Downtrend $TSLA will recover very fast IMO. Long term My Target for #TESLA is $1925/$3200/$6000 So If hit $400 and $275, don’t miss to grabs at Dip. Support:- $800/$409/$275 Resistance:- $1100/$1500
NASDAQ:TSLALong
by CryptoPatel
7
TSLA - TESLA & Whale PigsSo, here we have it once again. There's a TESLA whale, manipulation the stock higher and higher. Of course, the SEC lies in a coma since months (...borrowed from TheMaverickOfWallstreet on YT). How hard the stock is manipulated, it's a moving stock. And with anyhting that's moving, it underlies the rules of our world. One rule states, that everything fluctuate. And so do markets. They move from one extreme to another, passing the center in between. We as trader can profit from this knowledge, if applied wisely. As we see, TSLA is at the U-MLH (Upper-Medianline-Parallel) of the orange pitchfork. And it interscts perfectly with the KillZone...which is not part of a physical law §8-) But it's a observation from over 30 years of trading, invented by my former Mentor. However, physic's or observation, everything could go wrong when shorting TSLA. And this brings me to the main rule in trading: Risk small and let it run. Let's see if gravitation is the master of the manipulator. If not: "Huston, our world has a problem"... #whatgosupmustcomedown #greedypigswhales #secincoma
NASDAQ:TSLAShort
by Tr8dingN3rd
35