Tslaanalysis
TSLA Stock To Keep In Portfolio! Hello ladies and gentlemen, according to my graphical analysis of TSLA, I recommend for the moment to keep TSLA Stock in your portfolio because there is a great probability of reaching 745$ in the next few weeks .
TSLA wedge breakout attempt on dailyI have been watching and trading TSLA for a long time and this wedge breakout is finally coming, if you take this it will move fast one way or the other, My target is at least 770 because a major peak is there, but I am very bullish on this, you can also take profit at the levels I marked in red if you want to exit before 770, this is not financial advice. I do have a position, a very big one. #tsla
TESLA- Will the Rebound be Complete?Will TESLA's supercomputer be enough to push the price back up into it's ascending channel?
We will find out soon but my chart shows great resistance coming up.
Let's see what happens.
Tell me your opinions.
the FXPROFESSOR
TSLATesla, Inc. (NASDAQ:TSLA) started the day negative but turned things around to close up nicely on decent volume. Keep an eye to see if it can break out above the $635.59 level next week. The stock shows signs of a trend reversal. Trajectories of momentum indicators on daily charts also suggest uptrend for the stock. Long setup on watch.
TESLA TO THE 'EARTH'S CORE' INSTEAD!With a bearish pressure despite economic recoveries ,Tesla has formed a somewhat Bearish Pennant with it's recent dip despite indexes hitting ATHs. with a level of confluence at price $621 having 38.2% retracement and 61.8% expansion ,with price $600.00 holding onto 23.6% of the retracement level ,thus giving more confidence and validation to the bearish pennant that should break out around the $575 zone and forecasts price to hit $345 price which is slightly (not entirely) below support at $400.00 also being 161.8% expansion level and not only being a classical support but numerically being the psychological price level (hence i say psychological support).
Disclaimer: All views ,opinion ,analysis shared by FX PRODiGY should not be considered as financial advice but rather a recommendation or perspective regarding financial instruments. Note that trading levaraged instruments involves risk of losing your investments
$TSLA bounce hereWhats up everyone, first time posting here. Had to get confident enough to pretend like I know what I am talking about. 🤪
So Tesla has been on a continuous downtrend since its last peak of $850-885. Many factors have played into this; including Elon Musks negative tweets on (Bitcion/Doge) overall the crypto space, and due to precious materials like lithium and the data chips inflating due to less supply... This In my opinion dropped the price, with the help of downtrend pressure, bad news just adds as a catalyst.
As of June 10th, Elon is about to surprise his awaiting investors/customers with the new car trim "Plaid" this with the addition of weekly support both vertical and horizontal on the (W) chart (red colored lines), can be a juicy catalyst setup for a good bull rally.
I am personally longing 2 contract calls expiring next Friday the 18th. What signaled me to buy in was rejection of both the weekly uptrend being used as support still and the fact that the 50 EMA was used as support as well.
Now personally I've noticed in my years of studying, that Weekly and Daily have to sing to each other and be tuned perfectly for a breakout of either side from PA if not it will range which can be way worse than just being wrong on a trend trade. As you see, Daily uptrend/downtrend are in orange, and currently we have broken out of the short term downtrend and now made a new short term uptrend. Daily has also taken back EMA 8 20 and 50 showing short term uptrend has strong momentum along with the MACD flipping green I believe we might have some space for more upside movement.
My entry for my options currently are @ $599 strike, my SL will be if any Daily lands under $590 and my TP is the 200 EMA for the (D) $635+ which on the (W) chart shows it is currently the 20 EMA and the top range of the downtrend.
This is not financial advice, just my TA on my bias for Tesla🦬
❗IMPORTANT❗
(W) Red Lines
(D) Orange Lines
(EMA 8) Blue
(EMA 20) Green
(EMA 50) Yellow
(EMA 200) Red
If you understood my TA and liked it, please give me a fat thumb and drop a comment, would really give me insight on how I'm doing, and it would really help me out alot by adding to my strategy. Markets are consistently changing its behavior so learning is abundant in this sector!
TSLA Up or Down?TSLA looks on track to reach around 660.
however, i would question whether it will break above that upper trendline.
WE have a long term reverse wedge on TSLA, which typically is a reversal signal.
If TSLA break its support, expect it to fall further to the 61% FIB level in the coming months.
TSLA TWO DAY SWING SETUPTSLA algorithm on the daily is still in a sell short position. On the 30 min time-frame, the algorithm is neutral. Last Friday, the TSLA daily candle closed green - up 4.5%. This candle is a potential setup for BLT. Friday Bacon, Monday slight green and close flat as a doji. Tuesday we expect a 5% move within the first 60mins from the open. So the ideal entry would be open a position on Monday end of day. The setup would be invalidated if the price gaps down or if the price of TSLA does not form a Doji on Monday. There is always a possibility that TSLA can run on Monday but the probability is less than 50%.
TSLA is still in a downtrend and the short term bounce is limited and we still expect TSLA to trade lower down to the gap fill at 566 and then fill the gap at 400 sometime in the month of June either Tuesday 2 hours after the open or Wednesday. Triple witching week is generally bullish but post witching week the probabilities of TSLA dropping down to 400, especially if the underlying is not trading above 566, will increase exponentially.
The Path of Least Resistance is Currently DownHello Fellow Traders,
The look of the current TSLA chart has me thinking more downside is likely. After the plunge through my $577 support line, it came back up to test that level and rejected it as resistance. Based on my S/R lines, there doesn’t look like there is much price support until the $557 level.
We saw a break of the $577 level in early March, and we dropped quickly to around $540.
We saw a break of the $577 level three times in May, each time testing and finding support around the $557 or $547 area.
I will be looking for another test of the $577 area tomorrow. If it rejects again, the $557 level will likely be in play. If there is a test and break of the $577 area, I’ll be looking toward the $596 level next to reevaluate.
TESLA INC - THE NEXT GREAT BUY OPPORTUNITY (BELOW)Technical Overview: TSLA
Simple, we want to see price sell off into our buy zone and add to our position
that's it :)
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
SHORT TSLA = Still in play...My short on TSLA is still in play. We also recently got some interesting data’s that shows that Michael Burry is short 1/2 a billion $ on TSLA. In average and over the long run, stock price tend to reflect somewhat fundamentals...
Let’s wait and see :)
B.
TSLA Long550.00 Projection was achieved from the last call on this stock. We have now breached the last lower high point with a change in the trend we could see further bullish momentum to projections of 650.00. and another TP of 700.00 area. I'm currently in longs unless the markets specify otherwise.
TSLA 1D ChartHello there,
As we can see TSLA still above the support line, if TSLA can hold this level we can see a wave to the green line in upcoming days with +26% possible gain.
*** This is not a financial advice, I'm still a beginner trying to share my Road here.
Than you.
Tesla Going to ATH'sTon of people shorting Tesla at great support and huge bull pennant, I think the market is about to head up overall and Tesla will be one of those, Tesla to ATH's.
TSLA WILL FLY!! FIB Retracement Trader First Publishing!THIS IS NOT FINANCIAL ADIVCE! I AM NOT A FINANCIAL ADVISOR! PLEASE, TAKE THIS WITH A GRAIN OF SALT!
Hello! follow me if you like. I will post analysis on crypto, nyse, and forex!!! I do this for everyone!
MY WORDS ON TSLA:
As we can see! Entries looking good on 100% zone at 562-564. I have been making a lot of money on contracts. Right now is a good time to buy a few month's contracts around September because TSLA vehicles are about to be released!!
I mainly trade options because I am an aggressive mad man. Easy entry zone. Today was a green day 5/24/2021 I will be looking for another entry soon!
TSLA SELL SHORT transitions to LONG When and Target ExpectationsTSLA has been trading around the 200 day moving average for the past week. A break below the 200 day moving average will target only the gaps under 600. The next moving average after 200 day ma to consider for a possible institutional buy level is unknown and usually not common to consider especially if a company had a strong earnings quarter. More than 60% of the time during the first 3 months of the year, TSLA has moved with relative strength and momentum between Friday and Tuesday. The assumption is still valid and the price of TSLA may target the two cash session gaps at 627 and 665. Most likely the 627 has the greatest odd of touching before Wednesday. The subsequent gap at 665 may fill this week; however, if TSLA only fills the 627 , then we can expect the next gap to fill sometime last week or first week of June.
For the past few weeks, TOSOPTION algorithm for the daily is currently in SELL SHORT and expect the next long trigger to produce or introduce a short squeeze within 1 to 2 weeks anytime between Monday or Tuesday.
TSLA looking for another wave up or DOOM?To all the concerned traders either in TSLA or looking at TSLA..
Right now if we look at the weekly perspective we can see that TSLA is in the bottom of its uptrend channel. Furthermore it is CLEAR that TSLA is also near a strong support level which we bounced off in March aswell. However we can see a resistance building up above over the past few weeks and also pretty strong seeling pressure.
Now to be clear, i am not throwing in any fundamentals into this or relating any other market activity and simply am projecting the current situation based on the TSLA chart.
But the smart traders out here know that there is more than just meets the eye here.. Over and over papers have been published proving that the EMT (efficiënt market theory) is not necesseraly true. With this being said if we see a sell off for some reason below this support that is being formed, it is highly likely that the market will react hugely to all the developing situations and will push this down extremely (most likely when the rest of the market will not see its better days due to high correlation in times of crisis).
With all this being said. I am not an investor in TSLA right now, and will be only looking at lower time frames for entry possibilities (to trade NOT invest) when i see a break above or below support/resistance with this chart being the backbone to the current structure.
I wish you all goodluck and appreciate your like and comment to let me know what you think! :)
Leez: mister Send a Dollar Please
TESLA TO FALL TO 400 very soon. Technical Analysis on WHY TESLA will continue falling to the market price of 400 before rising again.
Rationale for the Drop
1. Fibonacci expansion levels have reached and surpassed exhaustion levels at 4.236 for quite some time.
2. Double Top created
3. Pennant/rising wedge with a flagpole is forming
4. Monthly Chart RSI indicates that this stock has been OVERBOUGHT to the MAX!
Rationale for the Rise at 400.00
1. When doing a new Fibonacci Retracement downwards from the market price of 893.00 to 540.00 the retracement level of the Fibonacci Golden Zone of 0.618 is sitting at structure level at the market price of 760.00
2. When you follow up with applying the Fibonacci Expansion from the market price of 893.00 to 540.00 you safe Fibbonacci Take Profit Level for a SELL/SHORT Position is sitting on 400.00 which is also on Fibonacci Expansion Level of 1.
3. When you do a new Fibonacci retracement from the market price of 40.00 to 893.00 Golden Zone Fibonacci Level of 0.618 is also sitting on 400.00
To conclude, I would prepare to sell my existing Tesla stock when the market price reaches 760.00 and look for buy positions when market reaches 400.00.
TSLALooking for a long-term entry on TSLA but it seems to have lost a key trendline on the weekly chart. No trade zone at the moment.
Will look for Buys at the Support zones mapped horizontally - otherwise I will await confirmation of a reclaim of the trendline to enter
TSLA ROCKET OR #2 YAHOO?TSLA is the most discussed Stock of the year. Its valuation is out of every measure there is. Its overvalued.
And yes people are very protective of this, especially with Tesla.
But its the truth.
I don't think it will crash, but in the future, not specifically at S&P 500 index inclusion, the money will shift.
So far TSLA doesn't have any proper competitors that currently would be equal or better than TSLA. But when it happens, people will shift the money to other stocks. Because in my mind TSLA valuation is not Tesla's, but the EV's + Solar + Battery + Insurance + Self Driving valuation in total that is just currently alocated to the best spot there is: TSLA. That money will belong to some competitors in the future.
Not saying China will crush USA, although I can't deny its growing power. The agreements and steps the new president will make will impact the whole decade.
A 20% China Securities / 60% US Securities / 20% Crypto is one of my favorite portfolio allocations for a larger portfolio.
