Tslaanalysis
ridethepig | Tesla Island Reversal!📍 In the realm of Tesla, patience is sustained courage although the struggle for valuation is evident. The overstretched manoeuvre is identical to the struggle which we traded earlier in the year.
It is obvious for any of those that have studied the Tesla supply chain that outlooks and expectations at current valuations are unrealistic. What is surprising, is to see how the economy is coughing badly via covid, both corporates and consumers are becoming increasingly defensive in capital allocation...yet markets are pricing a mass adoption of overpriced cars.
With that recognition behind us, let us look at the deliveries for Q220 :
Model S/X 10,600
Model 3/Y 80,050
Total 90,650
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"While our main factory in Fremont was shut down for much of the quarter, we have successfully ramped production back to prior levels."
"Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles."
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📌 This press release demonstrates how and where you can advance on expectations that are skewed the wrong way, and how complacency should be punished.
=> The lust for Tesla bulls is to expand above $1,000 ... that leaves them with another +/- 300k deliveries needed for Q3 and Q4 to keep things fundamentally interesting for the game.
=> With a second wave now a done-deal, risk is threatening to storm the battlefield. The previous Tesla crash which we traded live had sufficient preparation, here we have a long weekend and theoretically a delay in virus numbers till Tuesday of next week. Sellers can plan the attack and what makes the flows fundamentally interesting is that operations and valuations are based on no competition.
=> This powerful flow which is starting at $1,200 can be considered the starting point of the waterfall. A bold call that can be protected with stops above $1,500 while looking for another visit of the $425 fair value target.
As usual thanks for keeping the feedback coming 👍 or 👎 ... let's see if we get another home run!
TSLA SignalTSLA broke out today and is already past my goal, I took my profits, and am going to be re entering, I think TSLA will have to come back down sometime soon, because no stock only goes up... except TSLA apparently. I called my target out to the paid group chat on discord, if you would like to join, all you have to do is DM me, if you have any questions what so ever, again, just DM me.
I called this out at 1,095. And have made bank on this call.
Tesla DOWNTREND (short-term)NASDAQ:TSLA
Tesla is doing a great job delivering and producing its car during this crisys and it showed already its strenght but I think we will see a mid-term sell until the support I spotted. This should happen becouse of the too fast short-term growth of the shares of this company. I think it is a sell until it does touch the orizontal green line I spotted as a support. The Stocastic is also supporting that at this price tesla action are overbought. I personally like the way Tesla applied industry 3.0 and mecanical robot arms and even the internal production facilities but in my tecnical point of view I should wait to another support touch(will be the 3rd one) due to the too fast price growht of last weeks and due to the actual covid situation in US too and as we know Tesla is even in China and right now there is high tension between China and US. Let me know what you think about this analisys, have a good trading day!
TESLA growth analysisHello traders,
As the TESLA stock price chart shows, TSLA is taking an upward trend, the support S1 confirms that.
Since 18 Mars increase to a specific maximum point (Point A, B, and C), and then take a break to prepare for another one.
Right now, we have another increasing trend of TESLA. Two scenarios:
-- Either, it will continue to reach a new maximum, and go back down as a break. That break will be decreasing and must not be below the level “L”, in that case, we can say it’s going up again.
-- Either, it will go down below that level “L”, and in that case, we can say that this trend is ending.
Generally, we expect that it will go up, take a break by going down to bounce on a level that is higher than “L”, and go again in an increasing trend.
TSLA Call OutAlright everyone, TSLA is still in the weekly trend line, it got scary for a bit but its back on track, its showing bullish movements macd is a buy signal, RSI looks a little high, but thats alright. Also there was a good bit of Flow coming into TSLA, so that's also good.
I think we will be seeing TSLA hit $1,050 very soon, unless the feds release more bad news, then it will take a little longer.
Once again, DM me if you want to know about the trading group, or if you have any questions.
TSLA bounce before earnings?Figured I would throw my two cents in on tesla. Looks like it will go through some recollection before earnings before making what I would think would be a huge run especially if Elon's goals for earning come to fruition. Additionally, the astronomical preorders for the cyber truck could drive us up to Bezo's level even if they are artificially high form the 100$ deposit for the order. I think tesla will ride this bull wave well into late August/early September where Battery day looks to solve the cobalt problem face by renewable energy. If and it is a big "IF" they have a market-ready battery we could be looking at Class "A" Berkshire Hathaway stock and all kicking ourselves for not buying more Tesla at $1100.
... steps of soapbox...
What are yalls take on TSLA leading up to SEP 15th
TSLA -!Only an Idea!-Alright so I've been looking at TSLA charts for a while now. Every day it seems it gaps up so i'm going to try an experiment with the Chart itself, so I could possibly start making a better strat to follow TSLA and all it's volatility and pattern breaking tenancies.
For my first little test im just going to try to find where it tends to gap up every day in the morning.
First idea is to see if it gaps up to the HOD from the previous day every time.
Remember if you'd like to join the Trading group message me. It costs money so be prepared if you're going to join.
Fun Time Approaching For Tesla! (TSLA)I am highly interested on tesla as we approach an edge play at all time highs!
Followed by the massive market crash tesla has ran non stop on the larger timeframes to the current position of 885.66, that is a lot of rocket fuel! 👨🚀
BEAR SCENARIO:
What your going to want to look at on the daily timeframe is to watch for the Crossover strategy take place. We want to see the green candles compress for a red doji crossover for interest on a potential massive short position. Once we ge the cross confirmation the next step is to start to see the red candles cross over the green line that it has been trending above since the bottom. That is how we will spot the Resistance pressure.
We notice on the ema dots below we have one confirmation of red dots printing, we need to see them all line up and follow. Your strongest confirmation is when the candles and the ema dots align. That is the money shot. Like we say in say in our course we always use tight stip loss in case of a reversal! 1-3%
BULL SCENARIO:
We already have green candles in motion but the current Resistance level we are watching is 910.04.
As we approach this edge we want to look for a breakout to fire long. So if we can get price to break we will fire long and apply our stoploss and continue to track tesla based off the ema dots and the Crossover strategy. Our stoploss will become 1% on a break back low then to reverse to a short and play this level till we get pull on the new long term trend. (Tight risk management on breakouts) A breakout like this your going to see a pullback to test it to see if the highs are a new level of support or just a fakeout. If bull pressure can snap it and really kick in you should be solid. If it hesitates then you know something is up.
All time highs are a great spot to look for a very long term position. 910.04 is your money level. Play the strategy to the book. We will be using the daily and the 3 day charts for this one. Will stay updated on tesla as I scout it.
Best of luck, enjoy your sunday and have a blessed day! 😁❤✌😁❤✌
⬇️ Drop some comments and let us know what you think will happen next! ⬇️
🥇MLT | MAJOR LEAGUE TRADER
TSLA - HIstory repeating - Eyes on TeslaKey points here:
- Tesla price is losing momentum in the last few days
- Price is now mirroring previous movement.
- Reaching previous high is crucial for Tesla. Will the price react the same way as it did last time and finally pullback towards to close previous gap left to fill or will it run away?
Elon tweet: was this Elon just being Elon or was this an attempt to antecipate a price pullback correction to give Tesla stocks room to breath before rocketing up? Will the market get to previous high and react to resistance or will it ignore because people will think was just because Elon tweeted ?
regardless the fundamentals behind TSLA stocks will have a big move very soon.
TSLA - Long term Key levelsHello Guys and Community,
Check my Long Term analysis about Tesla. Tesla is going to all time high again and kick stoploss zone. I am going to trade on Key levels as you can see in the chart. Also you can see my long invest level and SR zones. This long term key levels are also very strong levels for intraday trading.
Hope the analysis will help you!
What are Tesla Bulls Waiting For?U.S. Markets finished up over 1% for the day, setting up an interesting end-of-week trading session. The jobs report lands tomorrow at 8:30 AM EST. and will likely determine the next trend. Today we will go over the PowerShares QQQ (QQQ) and Tesla, Inc. (TSLA). But, first I want to mention that a few days ago I posted a GLD chart stating that it was setting up for some upside. Today may have the start of that upside. Could the market be front running the jobs report tomorrow and could Gold be the sole beneficiary? Another hot name of note today was Square, Inc. (SQ) which blew up for nearly 10%. If you read over a week ago I mentioned that SQ was setting up with a cup and handle pattern and a measured move target of 73... target met.
All the "HOT" Tech Names Reported...Right?
It's obvious, tech has contributed to a vast majority of the rally off the March low. That is why I have been tracking the QQQ so often. The question I have now is, have all the hot tech stocks reported earnings? Nividia is the only one I can think that hasn't reported yet. Just something to think about. Below is the 4-hour chart of the QQQ.
I zoomed in a bit to get a cleaner shot of this rising wedge. Normally bearish, though there are instances when there are upside breaks. At times there are throw overs . Which happens when price breaks out from above the wedge then quickly reverses back into the wedge. Typically this turns out to be a strong reversal and has happened before on the Nasdaq-100 (NDX). Check the chart below.
The result of the throw over can be seen above. Unfortunately, back in September 2018, price reversed back up but eventually met the lower bound of the rising wedge which acted as resistance. Eventually, the NDX declined 23%. This is the scenario I am looking at. Current price action may lead to a throw over so watch for this potentially tomorrow. Bias: Bearish .
Elon and Joe...Again
I haven't listened to or watched the latest stint of Elon Musk on the Joe Rogan Show, so I can't speak to that. I can talk TA, and TSLA, a normally volatile stock traded sideways today netting a loss of -0.32% for the day. Perhaps the calm before a larger move to come? Below is the 4-hour chart of TSLA.
Chaikin continues to mimic itself from over a month ago. Price is also consolidating at the high below resistance while inching closer to trendline support. The longer it takes for the TSLA bulls to follow through the more bearish this chart gets. Keep an eye on TSLA the next few days, as it may be the key to the market. Bias: Bearish .
I'll be posting early in the morning ahead of the jobs report. I'll be taking a look at the VIX and Silver. Have a great evening!
TSLA Road Map 01.05.2020Hello friends, colleagues and subscribers! Route update.
There is an appearance of divergence, against the background of quarterly reports. Coordinates and settings directly on the chart. Explore, maybe it will be useful.
Good luck and profit to all of us on the way! And may the force be with us.
!!! The trajectory in time may not coincide, focus on target zones !!!
* The opinion of the author may not coincide with the opinion of the reader *