Tslaanalysis
TSLA COMPLETE TRADE SETUP(BUY FOR DOUBLE TOP)That was perfect call from few traders who sold from 900 9xx.. This will go up again from 660 for for double top formation. This will be good as well as bad year for TESLA as priced hit the record highs but will not keep it for long it will drop top 460. that will be the perfect time to put all your money.
TSLA update.TSLA update. I received a lot of private inquiries, so again I update with the latest analysis. The latest analysis, like other Tesla analyzes, once again worked well. Therefore, I did not change the analytical strategy. Current analysis shows that the fair price of Tesla rose nearly 230USD in two days. Currently 937usd. Of course, the fair value usually decreases for page movements. You can also see today's technical ATR bar, which I am awaiting for correction. And I assume that later sideways movement will occur in this band. This band is currently 728-891usd. Also, my analysis shows a red rectangle. This is called a "spike area" The exchange rate can go to these areas as well. The rule is that you cannot stay in chart areas for a longer period of time. It is further shown that you can achieve the current accumulation band by copying an earlier, significantly smaller fractal. FINAL CONCLUSION. The TSLA chart has entered an accumulation phase. Once this is completed, further increases are expected. The next target price is 1129usd.
💎 TESLA vs BTC - Projection price falling!Thumb UP👍 if you like this chart!
I took the BITFINEX:BTCUSD candle drop pattern in 2018 and applied it to NASDAQ:TSLA shares. It turned out that exactly the same drop will lead the company's price to its fair valuation in the range of $240-$210. Why this assessment???
The forward P/E is still more than 90!!! Thats incredible in motor vehicles field! And this is all assuming perfect execution, production capacity that does not exist yet, and that income from regulatory credits will stay the same. With this P/E investors should not expect a good return. Under these idealized assumptions rational investors could expect a decent return at a P/E of 12, so at a share price of $217 or less.
Write in comment how do you think what the fair price for TESLA Motors?
______________________________________________________________________________________________
Subscribe to my channel and receive fruitful recommendation regularly!
😎 Here just clear and accurate ideas🎯! Max profit idea in crypto - 20%(BTC), Max profit in stock - 40%. Total profit more 300%. Trade my own funds. Consult privately🎩. Link to table with summary results: clck.ru
Alex Vieira Reassures Tesla Investors $1 Billion Profit ForecastAlex Vieira made available instructions ahead of Tesla earnings seeing its share price soaring to $660. He upgraded Tesla to Strong Buy $179 in 2019 referring to Tesla as the most affordable stock worldwide comparing it to the irrational Apple bubble
TSLA - What A Time To Be AliveTLDR:
What a time to be alive. These types of moves create a significant transfer of wealth, for the long's this has been a multi-year battle from $175 - $350 and now in a span just longer than a full month we're at $537.92 at market close January 14, 2019
This type of price action extends beyond fundamentals, and at this point is primarily dictated by human sentiment with a bunch of algorithms following (not the other way around)- good news for us, Elliott Wave analysis does some good in the department of predicting price action in periods of euphoria- these euphoric moves in price action almost always occur in the third wave. I have two scenarios or wave counts I have considered, one where the peak of price action today is the top of wave 3 or the conclusion of wave 5. I'm publishing the later, in both scenarios price action retraces.
Considering other technical indicators, the broader stock market soaring into uncharted territory, and retail sentiment I'm leaning towards the conclusion of a fifth wave, leading into a larger correction. The 0.50 fib retracement lines up neatly with a historic level of resistance (now support) for Tesla shareholders in the $380's
Perhaps there is more upside following the correction- something to consider for a later time -- or, sooner rather than later if the Tesla bulls continue to maintain the squeeze. If up is the direction from here- I haven't the slightest clue where the top is after this.
At the time of publishing this chart I hold $425 TSLA put contracts
If the price action continues to strengthen the probability of this wave count I intend to further short the trade with additional options
Tom
Tesla analysis example of news powerJust sharing here my thoughts on recent news about Tesla and their presentation for a new Cybertruck. Have you noticed when there was all the bad news how windows of Cybertruck was broken and it has looked like Tesla is gonna have a very bad end of the year?
My question is: if you are selling based on news.. whos buying?
Well. Even though news presented it as catastrophic even for Tesla, it has reached just two weeks later its all-time high.
Focus more on technical analysis instead of panic and sell with the crowd based on news.
TSLA Update: Did you say All-Time-Highs?Note: All of what I claim below is simply the way I perceive the market. I am not certain nor do I suggest you take my advice without first taking into consideration what I have said. Whatever you do, be critical of what everyone claims. Those who claim certainty in these markets tend to get hurt the most.
Observations:
Price has been trading within the range between trendlines A & B for a little over 3 years.
On December 17th of this year, price broke out of the range to experience new All-Time-Highs.
The break above this 3 year old range tells me that it is highly probable that we will see price continue to move up.
I suspect that we may come back to trendline B for the retest, then make our way higher.
If it does come back down to retest trendline B and then breaks below, consider it a “Fakeout”. It is not suggested to go long if this does happen.
Thank you for reading,
Have a nice day!
TSLA correction may come... I intend to continue this analysis at My assumption is that fractal copying as seen in the current analysis may be achieved. It can be a 1: 1 fractal. In this case, the exchange rate has reached an adjustment range. This range is expected to be between 378.33-413.22usd. In this range, I expect to turn north again after a few days of accumulation movement. The target price for the next ascending wave sequence is 472.07usd
TSLA monthly hints at new alltime highsThis is an extremely simple observation:
Every time the monthly stoch RSI went to 100, so full overbought, we saw new alltime highs.
Quite simple!
That was already twice the case, and I think it will happen again now.
TSLA is on a brutal run, I by the way also called the bottom back in may, it was pretty clear back then that this was a huge trap for poor shorters:
So yes, chartwise this is pretty simple.
But the fundamentals also confirm this:
Gigafactory 3 finished, Model 3 production started there.
Maybe extension of EV rebates.
Gigafactory 4 near Berlin starts in being built in Jan 2020.
Growth, expansion, growth on all fronts.
How much more can TSLA innovate?Note: All of what I claim below is simply the way I perceive the market. I am not certain nor do I suggest you take my advice without first taking into consideration what I have said. Whatever you do, be critical of what everyone claims. Those who claim certainty in the market tend to get hurt the most.
Observations
Notice how price broke below the major diagonal uptrend line (A) and spiked back above it. This tells me that price is still in an uptrend and that the market participants felt strongly about this sentiment.
When it broke below the diagonal uptrend line (A), look how it bounced off of the already established major horizontal trendline (B), further strengthening this area as a strong support level.
The action mentioned above led to the development of a large channel between trendline B and C. This suggests that the price is likely to continue trading within this range, as each level will require a great deal of fighting to get through. This will not be an easy feat.
I wouldn’t be surprised to see some trading within that ascending triangle I’ve highlighted above. I only say this because the horizontal trendline C and the diagonal trendline A intersect at the rightmost end of that triangle. I expect a strong movement when it breaks above or below those two major trendlines.
I believe there is a high probability that we will soon see a retest of the major resistance level. If it breaks above, I imagine the price will continue its course upward.
But if it breaks below uptrend line (A), then I imagine it will continue towards major support trendline (B) and experience resistance there. A break below that would not be a good sign..
Thanks for reading,
Have a nice day!
Tesla potential short through support down to $260On an overall trend, TSLA has been forming lower highs if you extend the view on a weekly chart. The new low at $360 based on the previous high on a larger timeframe suggests another impulse move lower. The pop above $300 was due to the earnings report that managed to beat finally on a positive note which got investors extremely excited. We suspect some more downside to erase some of the earnings euphoria after the release of the new Tesla truck. There is a level at $310 that may hold support based on market structure. The move is very overextended from the Fib extension hitting the 161.8% extended level before showing signs of resistance. A break of $310 will open the downside and a potential gap fill into $260.
TESLA, DeLorean AND SO ON !!Hello Everybody, I hope you had an amazing weekend and ready for the opportunities of coming week.
And hello TSLA. Dude your chart was telling me the story of Cybertruck presentation even before :) 2 Short targets are represented on the chart. SL: '' a closing daily candle right over the resistance area represented in red color ''
For macroeconomic articles and comments you can follow me on twitter.
This idea is not a piece of investment advice.
Regards,
Zelal Ada
TSLA - Ascending TriangleTSLA seems to have formed a very large ascending triangle after breaking out of the downsloping channel earlier this year in June.
There is a higher likelihood of it to break to the upside, especially after breaking from a long downtrend. There is a 75% chance of it being a continuation pattern, meaning, it is a lot more likely for this to break upwards.
Targets can be if it breaks upwards: - $300. -$335. - $345.
Obviously, if the bottom diagonal line breaks then this pattern is invalid.
Long term it looks more bullish than not.
What are your thoughts?