Tslaanalysis
$TSLA consolidating triangle $TSLA hit $1200 for a gap filled and is now consolidating its way down, looking for it to hold support around the $1025 area. As long as price stay above previous low of $980, Tesla should stay consolidating in this triangle pattern before breaking to the upside targets of $1400+. A break below $980 can then $TSLA can possibly go down to fill the open gap at $900.
TSLA had a beautiful bounce from support Using Aspen Trading Support & Resistance Levels, TSLA has bounced from 982 support and can face the resistance at 1208.
A move above 1208 level will see further upside to TSLA.
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Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
TSLA 4H NEAR FUTURE PREDICTIONTechnical Analysis Summary
TSLA/USD
TREND ANALYSIS
We have 1 down trend which is currently active in red
We have1 down trend in red that has already been broken and thus the reversal
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
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$TSLA Tesla Bounced off the support line$TSLA
Has bounced off the support line and heading towards the ATH-Resistance line only if it breaks mid support.
Analysis:
- AS PREVIOUSLY charted, by November 12th $TSLA has hit the $945 Support line.
- It has bounced off the Support line and trending higher.
- WATCH for a break. When BREAK occurs it will trend towards the ATH-Resistance levels.
- (A) IF $TSLA breaks the line it will trend higher
- (B) IF $TSLA tests the break and cannot break it will trend lower.
TAKE AWAY:
- Keep an eye for the break.
TSLA matters a lot to the overall market Using Aspen Trading Support & Resistance Levels, a move below 978 is going to break the support and things can get ugly really quickly from that point for TSLA.
The overall market can also get impacted if the 1.2 trillion market cap of TSLA shrinks in size.
Please provide your feedback in comments if you like the analysis.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
TSLA - New ATH in 3 Week or is a cold winter on tap?NASDAQ:TSLA has seen some explosive growth recently, but this week we’ve seen news of Elon selling affecting the stock along with some other events that have hurt the Nasdaq at times. What are we looking at for the foreseeable future?
Looking at the weekly chart, there are a few possible scenarios playing out:
1. A Brand New ATH
1. It looks like it could be possible that TSLA will rebound from it’s current downtrend. We’re currently sitting at what is a decision point for the asset and could see turn around as soon as next week open, or a further drop, with turn around in the $900-910 price range. A powerful bounce here could send us rocketing to a new ATH around the week of Nov 22nd. Some drop before pop would also help us in closing that window everyone is probably looking at.
2. We’re entering a cold winter
1. Will we see mass sell off? It looks like there is currently a lot of room to drop to test the main trend arc of our wave. A drop here could see us attempting to bring the RSI down to the bottom of our arc for a reset. There is a strong downward force that could see us under selling pressure well into the high $600s until late Feb. 2022. While drastic, this could be a very healthy move for the asset and allow it the space it needs to move up again properly. Keep an eye for pressure against the wall of the arcs for potential relief of further rejection down as time progresses. This scenario does align well with the Fibonacci time sequence of previous waves.
Overall trend is currently on an upwards trajectory
* This Content is for informational purposes only. You should not construe any such information or other material as investment, financial, or other advice.
#TSLA Tesla - What's next?Elon Musk is looking to sell a portion of his Tesla stock. So what will the stock look like for the upcoming days - months.
I took the prior fractal and matched it with the current market price. TSLA gets back into the channel it has been in since early 2020.
Yahoo Finance Article: finance.yahoo.com
CNBC Article: www.cnbc.com
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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! #cryptopickk #tesla #tsla #bitcoin #doge
TSLA GAMMA SQUEEZE INITIATEDAfter nearly 6-7 months of consolidation, everything changed once TSLA broke past the critical resistance of 760 in late Sept. Targeting 1200-1250 before a pullback.
Very strong catalysts for TSLA. 1000 is a critical support leevel that could be visited again if MMs decide to take profits and drive the price down. Only other bearish factor I see is politics being involved somehow or something happens to global supply chain which is supposed to be easing up. Tesla has outperformed and managed this crisis well.
TESLA LONGTESLA looks super bullish long-term. I was surprised when premature earnings yesterday (29/04) caused 3% loss in value, however with today's daily candle it looks like TSLA is back on track. I'd wait for a break of the descending trend line for entry. Long-term outlook - 1100.
Share your thoughts!
$TSLATesla shares closed at an all-time high of $909.68 on Friday, two days after the company reported record revenue and profits in the third quarter.
The move marks the first time since January the company made an intraday record. Shares surged above $900 a share shortly after market open.
Tesla’s strong earnings results stemmed from improved gross margins of 30.5% on its automotive business and 26.6% overall. The stock dropped under 2% in after hours trading on Wednesday.
Tesla’s market cap stood at roughly $860 billion at market close.
There’s no question about it.
Tesla have an incredible future and I’m ridiculously bullish on TSLA long term but in the short term, if we’re trading we should see a slight pullback.
I think we see one more push up before shorts come in control.
It’s getting quite over extended here with it getting into the overbought territory.
I think this stock is one to watch going into next week for a swing.
Long term bullish.
Watchlist this.
- Factor Four
10/24/21 TSLATesla, Inc. ( NASDAQ:TSLA )
Sector: Consumer Durables (Motor Vehicles)
Current Price: $909.68
Breakout price trigger: $900.40 (hold above)
Buy Zone (Top/Bottom Range): $894.00-$834.00
Price Target: $1120.00-$1128.00
Estimated Duration to Target: 41-46d (1st)
Contract of Interest: $TSLA 12/17/21 1000c
Trade price as of publish date: $20.40/cnt
TSLA all time high$TSLA (TESLA) just reached all-time-high! Very bullish news especially for the stock that makes up the bulk of my portfolio. Congrats to those who followed me as well. My $TSLA portfolio is up by approximately 30% - with averaged price right below $700.
However, $TSLA is at $900 right now and RSI and bollinger bands is indicating that $TSLA is current very overbought right now. The rally came from their bullish earnings report that just got released recently: www.cnbc.com
Overall, i'm still very bullish on $TSLA and is holding it for the long run. Crypto gains might be hard to beat compared to equities but its very important to diversify and have both asset classes.