more downward movementin weekly time frame, qm pattern is very likely.
imo, top white box can reverse movement and i think $485 zone is strong support zone to reach $700 at least...
Tslaanalysis
TSLA idea from yesterday gave us 200% tradeAs discussed in yesterdays post, took TSLA 850C JUL 29. 817 was my spot but TSLA reversed from 818, so took calls on 5min reversal at 818.
These calls are up 200% today. Sold them at 845 and rolled them out to AUG 5 870C. Excellent day.
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
TSLA turning point in growthTSLA turning point in growth
new time to look for a buy entry point
buying from the lower border of the descending conal Time to buy a new model)))
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.
Tesla TSLA options ahead of earningsLooking at the options chain today, i would buy the $600 puts with
2022-10-21 expiration date for about
$43.30 premium.
Looking forward to read your opinion about it.
Tesla weekly chart analysis. I am always scared to short TSLA. I do not plan on shorting it either. I am however keeping an eye on it in case it gets to my area of interest.
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 Time To buyafter a bearish trend and the creation of a ''Double Bottom'' pattern, we will wait for the confirmation of the breakout of the ''neckline'' after which we can take the buy position
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
TSLA Time To buy after the downtrend that we had we will see a big movement of an uptrend we can take the buy position after the confirmation of the range breakout
TSLA Mid-week analysisA follow up from this weekend's Multi-Channel Review.
$TSLA $724 sure seems logical for today...the DECISION POINT is HERE & NOW!!!
TSLA Time To but after having a candle with a large weck ''SprintBox'' and a large volume we can take the buy position
TSLAPurple box may be next if we can't be held around 700 lvl.
Perfect run up and sell into the support and resistance zones laid out.
TSLA Analysis & the Decision Point$TSLA held the support line from the JAN channel 2 weeks ago (Yellow Dotted Lines), but failed to break over the 792 level last Thursday & dropped back into the Current & NOV Channels on Friday. This paces TSLA back into 2 bearish channels across multiple timeframes. Friday's action did fill the opening gap and is currently holding the March lows right at the 700 level. Anticipate TSLA hitting horizontal targets at 725 / 757 / 792 before it climbs out of the cellar...but is very likely once it can clear the WHITE & BLUE downward Channels. The ORANGE CIRCLE should play out this week, so TRADE SMART!!!
I think TSLA put in a major low at $620, should be up big picturCharts still look good to me macro, think $620 will be a major longterm low.
TSLA is going to 500! (maybe. this is how it might get there) I believe Tesla will retrace to hit the anchored VWAP from '20 low, as well as the 618 fib from the same low, and these also align with a massive support trendline off of the log chart going way back. The timing of the current rally, Fed meetings and Tesla earnings are taken into consideration. Curious to see how this plays out, feel like this will be the last block to take a hit like this but as much as I respect the stock, it's hard to see it sliding through without that final major drawdown and what better way than a four-touch culminating in a double top?
SHORT TSLATSLA downside looks like it's just getting started...
TARGET 1: $522
TARGET 2: $350-$400
TARGET 3: $275
TARGET 4: $185
I don't know if all downside targets will happen, but I think we see $500 range relatively quickly and can reassess from there
TESLA SETUP and BREAKOUT ATTEMPT Part 1There is a wolfe wave setup on the 4 hour time frame. 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 using this 4 hour period is greater than 900 which is expected to reach this price target before Aug 2022. This particular pattern allows us to position long term contracts at specific time periods. Short term target is $800 which is a level where profit taking will occur. Any pullback should be bought especially premarket gap down.
TSLA Bttom Support we dipped below the strongest support the 700$, however we close 1D candle over the 700$, that show us the strength of that support , if we want to make this our bottom , we need to hold above the 700$ and test again the current RS around the 833$, cause if we have 1D candle below 700$ SP , we will see a new support test above the 550$.
and still the 947$ is the bullish confirmation for TSLA if we close 1D candle above and hold .
