Get started

Teslatrend

Tesla Weekly analysis, Good time to buy ?Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ The Tesla stock is at 709.67 and last week was able to reach the first resistance line at 714.08 but couldn't close above it, The market price seems to be moving in a Triangle pattern and there is a big possibility for a breakout in the next period of time. Both the short-term and long-term trends are positive. This is a very positive sign. The major trend for Tesla seems to be Bullish and am seeing 2 different scenarios for the market movement in the next few weeks : Scenario 1 : The stock price will be able to breakout from the first resistance line at 714.08 and will be headed for the second resistance line at 740.95. if the Bulls were able to keep control of the trend then we could be seeing the TSLA stock reaching the 800 to 900 range. Scenario 2 : The stock price will drop and hit the support line 643.79 then a battle will happen between the bulls and the bears with the outcome most likely to be for the bulls and the price will bounce back up and start testing around the resistance lines again. But if the bears were able to take control then we could be seeing the stock dropping to the range of the second support line at 600.37. Different indicators showing that the market is bullish tho as we see : 1) The market price is trending above the 5 10 20 50 100 and 200 MA and EMA. (Bullish sign) 2) The MACD is at 13.19 showing that the market is in a Bullish state with a positive crossover happening between the MACD line and the Signal line. 3) Stoch is in a Bullish state with a positive crossover between %K and %D, %K reached the overbought zone. Support & Resistance points : support Resistance 1) 643.79 1) 714.08 2) 600.37 2) 740.95 3) 573.50 3) 784.37 Fundamental point of view : TSLA has a Profit Margin of 5.14%. This is better than the industry average of 2.51%. The Earnings Per Share has grown by an impressive 172.10% over the past year. Piper Sandler keeps it pretty simple in reiterating an Overweight rating on Tesla (NASDAQ:TSLA) and calling it one of its favorites. Piper points out that the Q2 margin beat was not "fishy" and thinks automotive gross margin for TSLA could top the mid-20s next year. Tesla is higher in morning trading and is looking to record its fourth straight session of gains. The strong push today is being tied to good reads from Chinese automakers Nio, XPeng and Li Auto on demand. The round of reports on deliveries for July is more than offsetting concerns over Beijing regulation moves. Looking ahead, Shanghai-based analyst Gao Shen thinks China EV start-ups XPeng and Li Auto pushing over the 10K monthly unit mark is a meaningful threshold to watch because after exceeding that level - a carmaker will be "viewed as a powerful player" in the automotive industry. Last week, Tesla announced that the price of the standard range Model 3 after subsidy would be reduced about 6% or 15,000 yuan ($2,320) to 235,900 yuan. This is my personal opinion done with technical analysis of the market price and research online from fundamental analysts for The Fundamental point of view , not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NASDAQ:TSLALong
by GabiDahduh
Tesla Long TO $1200 Following is a LONG analysis of Tesla Inc coming in for the next few weeks/months. The five-wave Elliott wave series started on June 25th, 2020 around $185 developing a good 5 wave series, here are few confirmations of why I think this is a 5 wave series: 1) Wave 1 started low at $185 2) Wave 2 is a symmetrical triangle that finished correcting W1 at 38.2% correction at $398 3) Wave 3 started on Oct 20, 2020 and had a good run-up of FIB 161% from $398 to $900 ending on Jan 26, 2021 4) Wave 4 is a sharp zig-zag correction but sine Wave 2 is a longer correction, Wave 4 is a shorter and sharp correction ending around $555 5) We are now in Wave 5 of the total Elliot 5 wave series and wave 5 is calculated in the following ways :   a) Calculate the length from the start of W1 ($185) and end of W3 ($900) = 900-185= $715   b) Calculate the length FIB levels ratios of this length of $715          38.2% ($175) - $273.13          50% (175) - $357.5          61.8% (175) - $441.87          100% (175) - $715 6) Now add each of these levels to the end of W4 which is also the start of W5 i.e. $555, so we get the following projections for Wave 5 $828,$912, $996, 1270 ---------------- Summary -------------- 1) I believe for Tesla we are at the start of Wave 5 as a big Wave 4 correction ended just recently 2) I believe Wave 5 is going to be an extended wave because Wave 1 & Wave 3 are of normal length 3) My prediction for Wave 5 is a minimum of 100% extension which is around $1270 in the next coming months Appreciate everyone's feedback, happy trading  
NASDAQ:TSLALong
by JAN360
3
TSLA Algorithm looking to go long!TSLA algorithm went long on March 31st on the 30 min timeframe around the 613 level and ran up to 668! We were able to catch this wave and made a good profit. We are looking to build position once TSLA Algorithm signals long on the daily timeframe which could have huge move to the upside going into earnings! The plan is to wait until the TSLA algorithm enters into a long position on the daily timeframe with TTM Squeeze setting up. RSI is also reversing back into the 50 level which is a good sign along with the MACD signaling a bullish reversal. This can be a big potential move for TSLA and could be our biggest trade for the year yet!
NASDAQ:TSLALong
by TOSOPTION
3
TESLA at $700 before end of year?TSLA stock is very bullish just after the announcement of its S&P 500 inclusion. Why $700? I just found an old similar pattern... Your comments are welcome. ############## Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
NASDAQ:TSLALong
by ymarkets
Tesla long buy chartsConsidering i am long and currently hold 13 shares in my portfolio (for disclosure purposes) i have and extra buy zone for Tesla included. Normally I wouldn't sell Tesla and would just recommend buying when it goes down, if you are swing trading these are zones that could be useful. The most optimal buy zone is started at 318 and below. Most likely it is unlikely we see Tesla dip that far is still is a possibility that investors would be foolish to not jump on when the time comes. The second zone starts at 319-382. If you would like to add small amounts to your position 393-420. 421-447 is a holding zone and upwards from that is where you should start taking profits
NASDAQ:TSLALong
by infamouskicker
TESLA looks to go for new recovery ( Day trade update below 420its was great, and the before expecting 440+ usdt already hit. Depending on new chart study, its possible that tesla will breakdown ( recovery) Can tesla also go further in up trend? Yes its possible. but know that a recovery not always means bad. i expect that tesla can go below 420 usd. Have good time all :) If you like the post give it a like and follow for more updates. @ never just take a news/alert as advice, always do your own study, and trade on your own way.
NASDAQ:TSLAShort
by Protixder
1
TSLA Train Ticket Now On SALE!Hello Traders, TSLA is going to the the 2nd moon! Just kidding. We chose TSLA as our top choice in the tech sector based on today's premarket setup for a nice bounce play. Two price levels we were watching: 1. $357.50 Premarket Highs 2. $341.90 Premarket Low Support TSLA initially opened very strong breaking above the premarket highs but we did not enter due to other sectors in the market not following through. We were looking for an initial sell off so we waited. Around 11-11:30AM EST we saw TSLA trading near the premarket lows but bounced nicely at the support. At this time we noticed the rest of the market getting into some buying mood and took our LONG trades at $348.50-$348.80. First Target to $425 area. Will decide if we'll even keep any... Do not chase these moves. We're not out of the woods just yet. Good Luck Traders! *NOT A FINANCIAL ADVICE, THIS IS JUST OUR PERSPECTIVE AND WE DO NOT RECOMMEND ANY TRADES WE PUBLISH ON OUR CHANNEL. YOU WILL LOSE MONEY.
NASDAQ:TSLALong
by KoreanStreetBets
2