Get started

Tslaanalysis

TSLA S3XY WEEKLY SETUP Last Trigger was a WINNERTSLA on the daily time frame is still consolidating and most likely building a base to move higher or lower. In the past, S3XY algorithm, which is a back-tested algorithm using 11 years of data, has produced some amazing results and gains, especially when two major time-frames are consolidating and trading within a price range +/-20. At the time of this writing, May 4, 2021, the S3XY algorithm is currently signaling SELL SHORT position, which as provided some profitable trades for time-frames lower than 30 mins. However, on the weekly time-frame, the S3XY algorithm is still neutral and both the daily and weekly are scanning or squeezing. The last time TSLA daily and weekly charts displayed a scanning/ squeezing position, TSLA moved from $167 to $896. We expect this to repeat again with Fibonacci projection targets near the psych level $1000 and above. This would require a firm breakout above 877. Our plan is to wait for the daily to at least trigger a BUY and then begin entering long term positions in the Sept and October expiration dates- monthlies in particular. For additional confirmation, it would require the Weekly signal to also trigger a BUY. If these two time-frames end up triggering BUY levels concurrently, then there is a high likelihood that the price action in 2020 will repeat itself and propel the TSLA share price well above $1019 and possibly toward $1724. At this moment, we will assume short term target is $1019 and any additional news that may drive the share price higher will encourage prices to move to the next fib targets as shown in the chart. Enjoy
NASDAQ:TSLALong
by TOSOPTION
TSLA at pivot point for move upTSLA has the ability to test up to $718-$720 within the next week. If it can hold demand above the $701-$704 range after a test of those levels, the next price targets in the above range start at $729.40 with a high range of $749.30 Topside supply of this move comes in the ranges between $760 and $780. A break of this upper supply range gives TSLA the ability to retest the red-trendline gap resistance. The price target for this move would depend on when TSLA is able to find a lack of supply below $780. The drawn arrowed lines indicate an important trend progression for TSLA in deciding whether it will be able to test the above range. A break below the drawn tan downtrend line will likely see TSLA retest the lower light-blue trendline support.
NASDAQ:TSLALong
by rickhubbard10
1
TSLA LONG Up Until EarningsTesla 4hr aggregation period with AH ON has produced clean trends that are easy to identify especially with the Heiken Ashi Candle. The s3xy algorithm, which is specifically back-tested on a 30 min aggregation period AH OFF, is currently LONG; however, on the daily period the algorithm is still in a SELL SHORT position. Moreover, the daily candle closed higher than the previous high which is unusual price action as we expect the bearish price action to trade lower. Trading above the 6 day ma, we can conclude the bullish trend in TSLA is once again intact and may produce an explosive move April 22 which will force the algorithm on the daily to transition from SELL SHORT to Neutral or Brute Force the signal straight to a LONG position on the daily. If Brute force happens, then this can result in an explosive move higher which we believe can be greater than 5 to 8% within 3 days taking out the 780 and quickly moving toward the psyche tgt 800.
NASDAQ:TSLALong
by TOSOPTION
TSLA Sling Shot?The PE of Tesla worries tha hell off my guts, but as a trader my greedy side tells me there's still a bit of money to be made. MACD looking like it still has some leg to go up, Stoch RSI Bullish but Overbought, bullish symmetrical triangle... this consolidation in this symmetrical triangle is my bullish bias looks like it's preparing to blow that resistance trendline, now let's look from a bearish perspective, TESLA has the highest PE in history :D, ABC correction in play? Earnings will be announced on the 5th of May 2021 (ok ok this is not a bearish sign itself but none the less...) RSI almost hitting resistance area (however this can be broken thru) Stoch RSI Bullish but on the overbought area I'm not in a position in TESLA at the moment but will Long if symmetrical triangle breaks to the upside. This my opinion and mine alone don't take it as an investment advice, i'm not a financial adviser!!!
NASDAQ:TSLALong
by ankhramsiswmriimn
1
UPDATE on the MOTHER OF ALL WEDGES (TESLA)What I'd like to see now: -The fill of the gap at 775 -A retrace to the broken consolidation area -The fill of the gap formed today at 700 Here is where I will add more shares to my Tesla position (trying to make Tesla 65% of my portfolio from 60%) -And then a continuation to A: break the wedge and go back to 800+. Or B: Consolidate between 720-780 range waiting for Q2-3 catalysts. What do you guys think? My portfolio was really happy with TSLA, PLTR and BTC today
NASDAQ:TSLALong
by Fed02
2
TSLA - Two opposite forcesYo! So yesterday I noticed another hidden bearish divergence, but still I think there a chance for the Wolfe wave to complete. At the moment I'm on the fence because the risk reward is not worth it.. To take a decision ill need to see what happens when market opens.. OR the market breaks through the pitchfork OR the divergence will get in play.. At the moment I tend to think the divergence will get in play because tesla stock have a lot successful divergences.. SO.. today I'm Neutral. Have a nice trade day and a good weekend! t347.
NASDAQ:TSLA
by t347
TSLA (TESLA) LONG TO $900.00 (update)New Set Up Title: Buy BUY TSLA ( Tesla ) Asset: Stock Platform: Robinhood/WeBull/Etrade/ MT4 Symbol: TSLA Type: Buy Market Execution / Buy Limit Time Frame: 1D Entry Price 1: $645.00 ACTIVE ✅ Entry Price 2: $625.00 (PENDING) Stop Loss: $595.00 (500 Pips) Take Profit 1: $695.00 (500 pips) Take Profit 2: $745.00 (1000 pips) Take Profit 3: $795.00 (1500 pips) Take Profit 4: $845.00 (2000 pips) Status: 🏃🏽‍♂️Active🏃🏽‍♂️ Old Set Up Title: Buy BUY TSLA ( Tesla ) Asset: Stock Platform: Robinhood/WeBull/Etrade/ MT4 Symbol: TSLA Type: Buy Market Execution / Buy Limit Time Frame: 1D Entry Price 1: $600.00 ACTIVE ✅ Entry Price 2: $575.00 (PENDING) Stop Loss: $500.00 (1000 Pips) Take Profit 1: $700.00 (1000 pips) Take Profit 2: $800.00 (2000 pips) Take Profit 3: $900.00 (3000 pips) Take Profit 4: $1000.00 (4000 pips) Status: 🏃🏽‍♂️Active🏃🏽‍♂️
NASDAQ:TSLALong
by MavRich_Trading
1
TSLA Algorithm looking to go long!TSLA algorithm went long on March 31st on the 30 min timeframe around the 613 level and ran up to 668! We were able to catch this wave and made a good profit. We are looking to build position once TSLA Algorithm signals long on the daily timeframe which could have huge move to the upside going into earnings! The plan is to wait until the TSLA algorithm enters into a long position on the daily timeframe with TTM Squeeze setting up. RSI is also reversing back into the 50 level which is a good sign along with the MACD signaling a bullish reversal. This can be a big potential move for TSLA and could be our biggest trade for the year yet!
NASDAQ:TSLALong
by TOSOPTION
3