Tslaanalysis
Possible TSLA targetWhere is TSLA headed?
Well, if we look at the longterm weekly timeframe, we can nicely see an Eliott-wave like structure, with 5 waves up, and now it's quite likely we get a classic ABC type correction.
A very likely target would be the .618 fibonacci level, which is, as you can see from my previous TSLA analysis, also the point where TSLA likes to find support historically.
Therefore I think this is a multi month correction, and we will see the low sometime in summer this year at around 380 USD.
If it will happen like this, it will be an epic entry point for longterm holding of TSLA stock.
TSLA Tesla: Price ConcernToday you can review the technical analysis idea on a 1D linear scale chart for Tesla (TSLA).
Tesla is below a major Support and Resistance Line and now the price has the potential to fall to the $167-$170 range where there is major support. Anything is possible in these markets but the trend is your friend and currently the trend is heading lower.
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Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
Tesla Analysis 20.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
TSLA at Support! Will it Bounce?Looking at TSLA on the weekly, we can see it's still in a downwards channel but has a high possibility of bouncing here. Let's look over a few things:
1. It's at the bottom of the channel which it's been in since Oct 2021
2. It's also at horizontal support of $150 that was a key level back in Sep/Oct 2021
3. The weekly RSI is almost oversold and hasn't been this low since June 2020
All of the above signs show a good R/R level for buying or at least starting to DCA here. If TSLA bounces here, I'm looking at taking profit at the $190 level. If it continues to fall, I'm looking to DCA more at the $129 level (next area of major support), followed by $111, $92, $62, and $24 respectively.
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TLSA bears in full swingtsla boys about to get rekt it seems. moreso than they already have. lots and lots of hate out in the world for Elon at the moment, i think perhaps tsla will become a target since twitter went private and no one can short it. tsla is going to have rough times with the world moving to EV but ignoring the market leaders. seems suspicious as to why that would be the case, esp since his hands have been held by the alphabets the entire time. questionable at best but its not hard to see more downside for this asset at best. will follow the market if the market as a whole continues to downtrend. taking out the lows is positive for the bulls, but if momentum continues to wayne and elon continues to be targeted then more downside to come
Tesla Analysis 04.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
3D daily wolfe wave setup in TESLA$TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 261 which it left open in September 2022. This setup is identified in the previous post using the 2D time-frame and it is also appearing on the 3D time-frame.
The weekly setup was triggered the last week of November 25. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is around 600 with estimated time of arrival sometime last week of March 2024. Short term wise, look to target the 261 gap or 200 day ma. Long term wise, dollar cost averaging on the dips would not be a bad investment for child's education fund.
TSLA 2D wolfe wave setup into January Run up$TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 261 which it left open in September 2022.
The weekly setup was triggered the last week of November 25. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is around 524 with estimated time of arrival sometime last week of January 2024. Short term wise, look to target the 261 gap or 200 day ma. Long term wise, dollar cost averaging on the dips would not be a bad investment for child's education fund.
Tesla Analysis 28.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
TSLA - Where is it going?Tesla has some zones to watch that I have identified as follows: 1) Possible retest of overhead resistance and supply zone, not likely IMO, unless we have a year end rally. 2) We have a nice consolidation zone below that will also complete the HS pattern more or less. 3) We have a lower target for a real recession. Not financial advice, DYOR.
$TSLA entry PT 126-ish Target PT 350Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
Tesla Chief Twit bringing down the company to $102.85Head and Shoulders has formed on the Daily chart with Moving averages all looking down 200 > 21 > 7 .
The first target from the last analysis (ongoing) is $102.85
Bearish
Has Elon Musk Bitten off more than he can chew or are there signs he is slowly getting out of Tesla and focussing more on Twitter, Neuralink and SpaceX?
Only time will tell.