Tsla Super NovaTsla is currently trading above the top trendline of the channel that it has been trading in since March. Last time it trade above was early Sept when it was above 500 and it pulled back to 310. I anticipate that it will back to 500-550 levels and consolidate. If it falls below the bottem trend line, it should fall to 425-450. New highs are RSI Divergence so please Trade carefully with stop loss!!
Tslaanalysis
MTF killer zoneThis MTF Killer Zone, its drawn when yesterday or the last period closes, it so powerful .
The way I use it is buying and selling as a support and resistance zone (but its not support and resistance analysis) or at a retest when it break, and if its not touched by the price today or in the current period ... than the zone will be still valid for any time in the near future (3 to 4 days or periods in this example).
You can use it as a target if you already have an open position in the market, or using a time frame for entry and another for target.
I can send for you on request different time frame the MTFkillerzone, such as weekly and monthly also good for yearly.
I recommend to use it only major pairs, also any other financial instrument ( Commodities , indices, bonds, and equities) .
Enjoy the setup please! :)
TSLA TREND 2.0Ichimoku lagging span is still showing a strong bullish trend.
Now, there are pullbacks which is healthy for the trend but they are nothing more than that.
Simple and healthy pullbacks.
The ichimoku lagging span indicates how weak the pullbacks are (opinion: i’m guessing it is due to sell offs from investors who are taking profits for the holidays).
Also, there seems to be strength within the 600 mark, as it acted as a form of strength and now a possible form of resistance since the 600 mark was broken, and is now providing resistance for the price action.
My last indicator for a further uptrend would be the VWAP as it broke past the VWAP and bounced off of the VWAP at 603(still keeping above the 600 mark.
Best bet would be to HOLD at least until after the S&P500 inclusion. It would be a good chance to TP, but it may also be a perfect opportunity for more resistance above 600. As further growth comes to TSLA, long term positions should continue to prosper.
Buy Tesla Calls BroDo yourself a favor - Sell your BTC for $18,000 or whatever it is at and buy NASDAQ:TSLA Puts with it.
PS this may be the dumbest idea of the century but I am taking that chance. Technicals DO NOT WORK in this market so why the fuck not do something as stupid as this.
Who is old enough to remember Cisco?
TSLA SHORT SET UPTITLE/(DATE)- SELL LIMIT TSLA
ASSET- TSLA
PLATFORM- MT4
ORDER TYPE- SELL limit
Time Frame- 1D
ENTRY PRICE 1- $632.00 (Pending)
ENTRY 2- $647.00 (pending)
STOP LOSS- $652.00 (300 PIPs)
TAKE PROFIT 1- $600.00 (300 PIPS)
TAKE PROFIT 2- $570.00 (600 PIPS)
TAKE PROFIT 3- $540.00 (900 PIPS)
TAKE PROFIT 4- $510.00 (1200 PIPS)
TAKE PROFIT 4- $480.00 (1500 PIPS)
STATUS🚨 PENDING🚨
US Stock In Play: $TSLA (Tesla Inc)$TSLA have further broken out of its all time high psychological resistance at $607 which was exhibited by a Bullish Flag consolidation pattern, closing at $641.76 at end of market session.
During the short period of 16 day trading session, $TSLA have successfully broken its 1) Symmetrical Triangle Chart Pattern, 2) All time High $504 breakout, and 3) A bullish flag breakout this morning, rallying to a total gain of +47.18% on its share price.
We may be poised to see $700 being attained before Christmas.
TSLA fractal patterns, SPY news similar to SplitThere is a clear pattern on the 15min chart between the Split news and the SPY addition news. As it sits, we're in a bull-flag triangle. If it follows the previous bull pattern, it will end in a week up about 15%. However I think we'll see a continuation until the SPY addition on the 21st of December. Should be a 15-35% sell-off from the highs there, but then earnings a month later 2/1/21. So perhaps sideways in the 625-725 channel after the SPY sell-off, but could touch as high as 825-850 before a deep sell-off. Then starting about a week before earnings, last week of December, we should see another 20% sell-off from highs, following the last 3 earnings reports.
TESLA - S&P Global announced that Tesla will join the SP500 that's why it grew up.
S&P Global announced that Tesla will join the SP500 on Monday December 21st.
Tesla will become the largest company in history when included in the SP500 index. Its quotes soared 13% on news of inclusion in the index.
The share of Tesla with a market capitalization of $ 385 billion in the total capitalization of the entire index (about $ 28 trillion) will exceed 1.3%.
there is no need to buy back the current ones.
it is better to wait for the rollback.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
Backtesting $TSLA on 4H timeframeContrary to popular belief I think Tesla respects price action as shown on the chart, Tesla has been on an uptrend since the market started recovering in late March. Due to big news from the stock split it dramatically increased throughout August until beginning its downtrend at around $503 on September 1st. I utilized the Fib retracement tool and placed it from the beginning of the uptrend to the end of it and outlined a perfect spot for an entry which would've been between the 0.618 and the 0.786 as that is where is the stock begins its reversal. For an options trader a slightly OTM Call option with 2 week expiration on September 9th would've been the best move here exiting the trade on September 14th at either Take Profit 1 (TP1) or Take Profit 2 (TP2). As for a long term trader who doesn't mind time decay the best time to exit would've been on November 19th or November 25th which is Take Profit 3 (TP3) and Take Profit 4 (TP4).
Tesla - Triangle Pattern and target price of $587In fulfilled wave counting, in the 240-minute chart, the price has moved up to the range of $ 502.41, with 3 ascending waves, in a corrective wave of 4, due to the 3-wave structure, the sides of the triangle have been formed, by crossing the price from “d -wave” (452.50), we will probably see an increase in the price up to the range of $ 587.
The Loss limit for this order is around $ 382
Coiling in Symmetric triagnel Stock stuck in a symmetric triage from the last 2 months. It can break out in either direction. If its break above the triangle around the area 425/430 it can go touch 600 as the pattern rule. If it breaks below the triage then the dotted red line should be the potential stop loss.
TSLA: Tesla Gets Added to The S&P500Tesla (TSLA) is a one-of-a-kind electric vehicle company that is listed on the NASDAQ exchange. Just now, it has been announced that the stock will be added to the S&P500. In this analysis, we’ll take a look at the fundamentals of the company, as well as what this news means for Tesla.
Some of the information in this post is based on the analysis I wrote in March.
S&P500 Requirements
- There are certain requirements a company must fulfill in order to be added to the S&P500.
- The company must be a U.S. Company
- Must have a market cap of at least $8.2 Billion
- Must be highly liquid
- Must have a public float of at least 50% of its shares outstanding
- Its most recent quarter’s earnings and the sum of its trailing four consecutive quarters’ earnings must be positive.
Tesla had a hard time fulfilling the last part of the requirement, as it was not profiting for a while. They demonstrated increasing revenue, but a lot of their profits were reinvested into building infrastructures/gigafactories, and R&D.
Fundamental Analysis
- Despite the Corona Virus (COVID-19), Tesla has managed to manufacture and deliver record-high number of vehicles for 2020
- Tesla ended 2019 with 6 Billion Dollars, and early this year, they raised an additional 2 Billion through stock offering
- This indicates that Tesla had enough money to go endure the chaos caused by the viral outbreak
- Tesla is one of the biggest beneficiaries of the Zero Emission Vehicle (ZEV) credit regulations, racking up huge ZEV credits that other automotive companies pay billions to purchase
- In March 2020, Tesla has taken up 25% of the Chinese EV market, and further domination in arguably one of the most important markets is anticipated.
- With Biden’s winning the election almost being certain, it’s anticipated that Tesla will heavily benefit from Biden’s green policies.
Arguments against Tesla
- Tesla has a negative Earnings Per Share ( EPS ). Negative earnings are a red flag for value investors
- Tesla's operating margin is arguably too low, and not enough to be profitable for the long term
- Tesla's Debt to Equity ratio is quite high, and is a reason for concern, as it suggests that Tesla is a higher risk investment
- While gross income growth of Tesla for the past three years have been great, these are not sustainable numbers
- There are arguments against Tesla's management; some argue that Elon Musk gave himself too big of a compensation package
- This is concerning to investors, as the company has still not turned an annual profit.
- Most of the arguments against Tesla are in regards to their rather questionable financials, which they have now proven to be solid by being added to the S&P500
Future Projections
- While the Electric Vehicle ( EV ) Market continues to grow, Tesla's market share remains at 17~18% of a rapidly growing industry
- Tesla's gigafactories have shown unprecedented progress in terms of how fast the factory was built, as well as the automated manufacturing process
- Tesla has billions miles of autonomous driving data, which is more data than any other player in the market for self-driving cars
- Based on the vast amount of data, Tesla's self driving cars will allow the company to generate software-company-like margins
- Tesla has better battery efficiency compared to combustion engine cars, and can still benefit from economies of scale
- According to EV experts, Tesla's vehicles are at least 4-5 years more advanced than those of its competitors.
Technical Analysis
- We can look at the daily chart for some insight regarding technical analysis
- Tesla is notorious for ignoring a lot of the technical signals that appear on the chart.
- As it’s more driven by news and fundamental developments, it’s best to merely reference the technical aspect.
- We can see a clear uptrend marked by the ichimoku cloud support
- Prices trading above the 100 Simple Moving Average (SMA) is a bullish sign
- We can see that we have never broken below the 200 SMA since Nov. 2019
- As we consolidate in a bullish pennant pattern, bullish news is likely to cause a breakout near the apex of the pattern.
Summary
In summary, Tesla is not for the average value investor, seeking to purchase stocks at an undervalued price. It is, however, for the investors who know how to value the company by future expectations. I believe that Tesla is an automotive company to the same degree as Amazon is a bookstore. There is a lot more potential in the fundamentals of this company that many fail to recognize, and despite the short term hardships it may face, the innovative values that Tesla prioritizes is what brought the company to the S&P500. This obviously isn’t the end for Tesla. From a conservative view, I can see the stock easily double in price from these levels. A lesson to take from this investment is that if you have an in-depth understanding of the asset or security you invest in, despite volatile price actions and bearish news, the patience of holding can greatly reward you.
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