Tslaanalysis
$TSLA bulls is back!$TSLA stock climbs after beats its earnings expectation few days ago and continue to soars after fed meeting. No major news about the pipeline just pure technical breakout.
as for the chart pattern, TSLA is making lower high and i expect TSLA will pull back tomorrow, before is starts to push to high again.
here my price target for $TSLA for monday 08/01/22.
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For calls; buy above $911 and sell at 935 or above
For puts, buy below 880.89 and sell at 874.18 or below
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Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
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Should You Buy TSLA Stock NOW??!!! Best Prices Hello everyone. I hope you are doing perfectly. So, today I wanted to share my perspective on TSLA stock. In this published idea, you can see three aspects of the analysis: technical, fundamental, and sentimental (all are my humble opinion). Now let's get to the real deal.
Technical Analysis
As you see on the chart, there is a high possibility of pulling back on the trend line since the price is over-saturated, and we can see that the last minor wave has given its 0.618% correction.
With this said, I will buy TSLA stock only at the prices given in the chart. The prices are obtained with Fibonacci numbers and demand zones. If you want to buy it now, you can, but I do not recommend it.
Fundamental Analysis
Now, the most crucial thing in buying stocks is analyzing the fundamentals of a particular stock before buying it. As you know, the USA is experiencing negative GDP growth, indicating that high-risk markets, including the stock market, can continue their bearish trend.
But, if you are a long-term investor, this can be the perfect opportunity. However, if I were you, I would wait until the CPI decreases and the GDP increases.
Additionally, TSLA is currently experiencing good earnings and revenues, which shows that even in a bear market, it can not be bankrupt.
Sentimental Analysis
As you can see from what I said earlier, we are all a bit confused about the current economic situation. So, on a bigger scale, most people are like us. Let's think logically, how 90% of people would react now? Most people are now afraid of the bear market, which is a good thing. In such situations, I want to give others what they want. What do I mean by this? It means if you're going to sell, I will buy, and if you want to buy, I will sell. In simple terms, do the exact opposite of what most people want to do.
I hope you gained what you wanted on TSLA stock. Follow me for more Forex, CFD, Crypto, and the Stock market analysis.
I will be glad also to know your perspective on TSLA stock. So, leave a comment and let me know what you think.
I Wish You All a Profitable Trading Journey
TSLA awesome day 1500% trade per yesterdays plan880C up 1500% for today. 870C for AUG 5 are up 150% from yesterday. Sold them at 865 and rolled them out to 900C AUG 5. Those are up 120% into close. Closed those and opened 920C into next weekend.
Looks really good but markets are pretty extended short term imo. Will be careful next week. If we see a gap up, i might sell into strength.
This week alone TSLA gave us multiple 200% trades.
TSLA gap fill tradeTSLA had a really good day. Looks like momentum is coming back into this name. As long as TSLA holds above 817, there is a good chance it can fill the gap 845.63 - 865.65. If we open down, i will buy near 817 or i will buy over todays high on gap up for the gap fill.
JUL 29 850C should work
Tesla Fundamental, Technical and IdeasTSLA—Tesla Fundamental and Price Chart Analysis ( Concluding and comparing historical financial health, stability, growth and value of company to current and future projections to help make investment decisions. )
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TSLA Fundamental Analysis
Income Statement
- Income, Earnings and profit margin for Tesla all increased over past 5 years
- Tesla reported higher than forecast earnings for company for the past 4 quarters
Balance Sheet
- Increasing Assets and liabilities with a shrinking Debt-Asset Ratio
Cash Flow ( Value of the Company is ALWAYS a reflection of FREE CASH FLOW )
- 2018-2019 Tesla free cash flow growth risen by 442.2%.
- 2019-2021 Telsa free cash flow growth is still increasing but by smaller percentages. Since 2019
Tesla free cash flow growth decreased by -455.04%.
- Trailing Twelve Month free cash flow for TSLA is nearly 70% higher than free cash flow ending year 2021.
Source: tradingview.com
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TSLA Price Chart Analysis
Tesla decreased more than 50% in value since November 4, 2021 bringing the value of the company near 52 weeks low between 790.00 - 640.00 on Daily timeframe. Largest movements to downside are near Company Earning Announcements ( though Tesla has reported higher than expected earnings for 4 consecutive quarters, the growth rate between the both has been declining.
*Tesla is expected to announce lower than previously forecasted and actual earnings ( @ 1.81/per share ) and
revenue ( @ 16.5 billion ) report today July 20, 2022 during after market hours.*
Sub-chart indicators demonstrates indecision in direction of price with 750.00 being close to the highest price investors are currently willing to pay for stock. Near 790.00 is assumed to be safest and most profitable position to enter a short term sell entry.
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Sentiment for TSLA:
-Short Term Bearish
- Mid Term Bullish
Entry and Exit Levels for TSLA:
-Short Term SELL - up to 2.5 months Holding period )
- Limit 790.00
- Stop Loss 900.00
- Take Profits 400.00
- Reward-Risk 3.50/1.00
Mid Term BUY - up to 5 month Holding period )
- Limit 500.00
- Stop Loss 400.00
- Take Profits 1000.00
- Reward-Risk 5.00/1.00
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*All information is to help educate and assist you in your investing/trading journey and doesn’t guarantee any favorable outcomes.
TSLA Long Term Strategy TSLA 1W Chart
-If the same triangle pattern occurs and we can see 1300-1400 in long term (Q2 2023 and later)
-As we all know recession is on the table and if FED increase rates more than expected we can find TSLA less than 500 by the end of the year.
Technical Datas
-Short term accumulation zone --> 590 - 656
-Long term Pivot --> 656 (If we see weekly candles're closed below this, we can try short, target 450)
-Support 1: 656
-Support 2: 590
-Support 3: 518
-Resistance 1: 755
-Resistance 2: 795
-Resistance 3: 966 (If we see weekly candles're closed above this level, we can expect new ATH)
TSLA idea The Tesla arrow is moving in the form of a descending corrective channel and reached the golden area of the big bullish wave and touched the bottom of the channel, in addition to the matching of the two Fibonacci levels with strong areas
Strong buying opportunity on the stock
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Tesla loses billions With US stocks officially entering the bear market recently and with concerns that the next recession is upon us, companies are walking another tightrope.
Consumer goods companies including big multinational brands have employed various measures to protect their profit margins and cushion the impact of skyrocketing inflation and weakening consumption. Even household name brands have not been spared from these factors.
Tesla loses billions
Silicon Valley-based car giant Tesla (NASDAQ:TSLA), which many consider as a tech company rather than a carmaker, recently acknowledged that it is losing “billions of dollars” from the global battery shortage and supply chain disruptions in China.
Tesla operates a ‘gigafactory’ in Shanghai, which was shuttered for weeks due to the COVID-19 lockdown in the city.
Aside from the disruptions caused by the lockdown, Tesla is also facing challenges in procuring batteries to power its cars. The company recently hiked the prices of its China-made Model Y due to the higher costs of the raw materials included in batteries.
Tesla CEO Elon Musk also revealed that the company’s newest car factories in Texas and Berlin are losing money “because there’s a ton of expense and hardly any output.”
“Getting Berlin and Austin functional and getting Shanghai back in the saddle fully are overwhelmingly our concerns. Everything else is a very small thing basically,” Musk said.
Tesla investors appear to have taken the news in their stride, with TSLA stock price hugging close to US $700 per share, and the Chaikin Volatility Index not indicating any abnormal change in daily price ranges.
TSLA weekend reviewHere is the same chart from last weekend as a reveiw. See how the predicted Orange oval area played out & $TSLA challenged both the current down channel (White) as well as the one from NOV (Blue lines)?
We played calls on $TSLA on Tues & Wed for nice gains, and remained flat on the stock for the remainder of the week. I will work up a new analysis for next week on TSLA as soon as the Volatility Range Algo is finished computing