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Teslashort

Almost 30% Tesla correction Tesla has been in a steep uptrend since it broke out from the $500 zone at the end of November and price seemed to be overstretched at the moment. I think Tesla will hit between $710-$720 before finally triggering a huge selloff for a correction back to the $500 zone. Price is forming a rising wedge, showing bearish divergence, and it has yet to retest the $500 zone it was struggling to get past before late November. I would never sell Tesla but I'll definitely be looking for buys around that $500 zone that should become a new support.
NASDAQ:TSLA
by StealPipsSal
Sorry Elon Musk! The BIG SHORT for Tesla? This analysis is based on Elliott Waves and fundamentals. Have a small profit target or a break-even and let your profits run. I have just three questions: Tesla is one of the top biggest car companies in the world? How many sales they have actually? Is this an illusion? For more information contact me on my website: vitezabraham.com Best wishes, Vitez Ps. Always do your own research before taking any trades and only risk what you can afford to lose.
NASDAQ:TSLAShort
by Vitezabraham
3
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
Project TSLA (for friends)We are looking at a nice Day chart here, it's very appealing and dazzling. The latest bull run is exceptionally a nice rally with only a few ugly red candles. However, things' might not be as fine and dandily as you may (or may not) think. As diamonds are forever bull runs are not forever. On day chart RSI is gone above magical level (70), which usually indicates that the s**t is about to hit the fan soon, especially when this happens on a day chart. Lets take a closer look at 14/56 hour chart (15min chart for goofs).
NASDAQ:TSLAShort
by Samppa290
1