$TSLA Trending Towards $180 Support LevelTSLA had a strong rejection at the yellow resistance line, and has been dropping straight down several support levels over the past few weeks. The $240 orange support line was immediately lost, and TSLA just lost support at the $207.50 green support line. There is a lot of pessimistic news surrounding the sustainability of EVs, and TSLA had a poor earnings report that further hurt investor's future outlook. The $180 light blue support level is the next key price to monitor for a potential bounce. There has been strong support here in the past.
Tslaanalysis
$TSLA - $500 Price Target with Major Inverted Head & ShoulderA major inverted head and shoulder looks like it is setting up very nicely, watch for a break above the neckline for a projected upside to its first price objective of about $500. By theory, the length of the head to neckline equates to the length of the measured upside with an inverted head and shoulder. NASDAQ:TSLA
Disturbing News: TSLA Reveals Multiple DOJ SubpoenasI must admit that the news I have to share today is rather disheartening. It is with a heavy heart that I bring your attention to the recent revelation by Tesla Inc. (TSLA) regarding multiple subpoenas from the Department of Justice (DOJ). This development has cast a shadow of uncertainty over the company's future, leaving us with a sense of sadness and concern.
As traders, we have witnessed the rise and success of Tesla over the years, marveled at their groundbreaking innovations, and even celebrated their achievements. However, the recent disclosure of multiple DOJ subpoenas has raised serious questions about the company's practices and ethics. While we cannot jump to conclusions or pass judgment prematurely, it is essential to acknowledge the potential ramifications of such investigations.
In light of these developments, I feel compelled to share my concerns with you, my fellow traders. It is crucial for us to evaluate our positions and consider the potential risks associated with holding Tesla stock. While it is not my intention to dictate your investment decisions, I believe it is essential to be aware of the potential downside risks that may lie ahead.
Therefore, I encourage you to carefully assess your exposure to Tesla and consider the option of shorting TSLA. By taking a short position, you have the opportunity to profit from any downward movement in the stock price, should these investigations lead to unfavorable outcomes for the company. As traders, it is our responsibility to stay informed and make well-informed decisions to protect our portfolios.
Please understand that I do not take pleasure in sharing this information or promoting a bearish sentiment. However, as traders, it is our duty to adapt and react to the changing dynamics of the market. I believe that by being proactive and considering the potential risks associated with Tesla's recent disclosures, we can safeguard our investments and navigate through these uncertain times.
Remember, knowledge is power in the world of trading. Stay informed, stay vigilant, and make decisions that align with your risk tolerance and investment objectives. If you require any further information or would like to discuss this matter further, please do not hesitate to reach out to me by commenting below,
TSLA's Recent Disappointments and the Challenging Road AheadAs an avid follower of the company, it pains me to share the disappointing news that TSLA has fallen short of investor expectations, leaving us with a heavy heart.
One cannot ignore the challenges that Elon Musk and his team are currently facing, particularly the unveiling of the highly anticipated Cybertruck. While the Cybertruck's unique design may have captured attention, it has also sparked skepticism among investors and industry experts alike. The unconventional design has raised concerns about its mass-market appeal and potential impact on Tesla's overall sales.
As investors, it is crucial for us to carefully evaluate the situation and make informed decisions. In light of these recent developments, I believe it is essential to consider the option of shorting TSLA, as it may present an opportunity to mitigate potential losses. By shorting TSLA, we can capitalize on the current challenges the company is facing and potentially benefit from a decline in its stock value.
However, I urge you to conduct thorough research and consult with your financial advisor before making any investment decisions. While shorting TSLA may seem like a viable option, it is essential to consider the inherent risks associated with this strategy. Market volatility and unforeseen developments can significantly impact the outcome, so it is crucial to exercise caution and prudence.
In these uncertain times, it is essential to remember that the market is ever-changing, and opportunities can arise even amidst disappointment. By staying informed and making well-informed decisions, we can navigate these challenging waters with resilience and adaptability.
I encourage you to keep a close eye on Tesla's future developments, as they may offer insights into potential investment opportunities. Stay vigilant, analyze the market trends, and consider your risk tolerance before taking any action.
Concerns over Tesla's Volume and Margins DropConcerns over Tesla's Volume and Margins Drop: Can the Cybertruck Compensate for Losses?
As you may already be aware, Tesla has experienced a noticeable drop in both its volume and margins in recent times. This decline has raised questions regarding the company's ability to sustain its profitability and meet investor expectations. While Tesla has been a frontrunner in the electric vehicle market, this recent downturn has given rise to uncertainties about the company's financial stability.
In light of these concerns, it is crucial to evaluate the potential impact of Tesla's upcoming product, the Cybertruck. With its futuristic design and promising features, the Cybertruck has garnered significant attention and anticipation from both enthusiasts and investors alike. Tesla has positioned this groundbreaking vehicle as a potential game-changer, capable of revolutionizing the pickup truck market.
Given the current circumstances, it is plausible to consider whether the Cybertruck can compensate for the losses incurred by Tesla's declining volume and margins. The success of this highly-anticipated product could potentially help restore investor confidence and provide a much-needed boost to the company's financial performance.
However, it is important to approach this situation with caution. While the Cybertruck holds significant potential, it is vital to remain objective and critically analyze the possible outcomes. As a result, I would like to encourage you to consider a temporary short position on Tesla (TSLA). By doing so, we can potentially capitalize on the current market sentiment and potential risks associated with Tesla's performance.
Please note that shorting TSLA should only be undertaken after conducting thorough research and analysis, as it carries its own inherent risks. It is essential to consult with your financial advisor or conduct your own due diligence before making any investment decisions.
As fellow traders, it is our responsibility to stay informed, remain vigilant, and adapt our strategies accordingly. By actively monitoring and discussing these developments, we can collectively navigate the ever-changing landscape of the stock market.
TSLA - D1\W1TSLA
W1 – The 5th wave is forming, which can lead to continued upward movement with targets of 414.90 – 442.00, with a possible breakdown of price highs in the entire history of the chart.
D1 – Formation of a triangular structure, which most often indicates a continuation of the movement of the main trend, to begin the movement on W1. Locally to levels 352.77.
What can you expect?
You can consider entering from the level of 269.50 (you can consider breaking the level or fixing the price behind this level) with further movement to the target 352.77. Cancellation of the idea in order not to take an increased risk from the level of 233.88 (A false breakout of this level and continuation of the upward movement is also possible)
Targets 289.07 – 307.96 – 325.74 – 352.77
#TSLA LONGTERM TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup of TSLA on NASDAQ
the analysis is as follows
- the price is following a popular triangle pattern
- i am neither bullish or bearish right now, the market structure is choppy
- have mentioned 2 outcomes in the chart
dont play with fire, always use a predefined stoploss
A Macro Analysis of TESLA: The Case For Being Range BoundHi guys and Welcome!
As a trader its empowering to overanalyze an asset you would like to trade.
To think of various potential associations or the direction that price action can have or go.
It reduces any surprises and allows for you to be ready and strategize adjustments.
And just NOTE: That this is just an idea/ theory and it does not have to play out as mentioned but i would urge us to atleast keep this idea in the back of our heads.
Things have been great this year, with many big names booming in price.
Many people calling for New ALL TIME HIGHS for many names.
This is also true for TESLA.
But what if we don't see all time highs in Tesla? What if in fact we are range bound, hitting the top of the range only to travel to the bottom of the range for a duration of time before we attempt new all time highs.
It sure is a possibility, as we have done so previously.
From July 2013 till the breakout in December 2019, we managed to stay in a RANGE.
(Roughly 2345 days or 6ish years).
This is not a bad thing per se. It helps the asset consolidate, create market structure and allows companies to stabilize, allowing them to fulfill the desires of investor sentiment, thus moving higher eventually.
If you can determine the levels of the range, it is also tradeable. More on that in future posts, as i will be monitoring TSLA like a hawk.
Now looking at our current RANGE. We've gone so far 1093 days. If history is any indication, we are about almost half way through our RANGE bound journey.
Note that if we are range bound, it doesnt have to mirror our previous data point.
Also that Investor SENTIMENT for TSLA is different now.
Also don't discount the fact that currently we are bullish in TSLA, so possibilities of seeing $400 sooner than later is likely, until proven otherwise.
Could we break out or do we double top/ stay range bound?
That would be the place to re-assess the situation.
One major factor in my opinion to help us determine what might happen is VOLUME.
I think for us to really solidfy this idea of making New ALL TIME HIGHS, volume has to continue to increase and really spike when we reach the $400, RANGE TOP.
We don't want to see volume below the PURPLE LINE DRAWN, but rather have it follow the GREEN arrow. Showing consistent growth and high volume.
Also another thing to watch is the RSI.
NOTICE the Black trend lines drawn.
When we broke out of our 2013-2019 Range, RSI broke past the Black trend line to continue into our HIGHS.
Come to current time, we are quite far off the Black Trendline drawn. This is something to watch.
Again, history does not have to repeat in current price action BUT it does provide data on what could potentially happen. As a trader it is important to always try to see different angles.
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Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again.
Stay tuned for more updates on TSLA in the near future.
If you have any questions, do reach out. Thank you again.
DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy
Tesla Juicy Short SetupTesla is getting close to what appears to be a big move in either direction and right now I am leaning to the downside with a final target of ~$70.00 for a C wave bottom.
Safest bet would wait to see how this triangle that it is in plays out, but for higher risk/reward you could possibly start shorting now trying to catch a c wave top in this $256-270 area.
What do you think? short or long when it pops?
not financial advice
Analyzing RIVN's Outperformance Over TSLA Amidst Cash BurnToday, I would like to draw your attention to an intriguing market trend that has caught the attention of many investors - the outperformance of RIVN stock compared to TSLA, despite RIVN's ongoing cash burn. While this phenomenon may raise eyebrows, it is essential to approach it with a cautious and analytical mindset. Let's delve into the reasons behind this unexpected market behavior and explore why some investors are considering a long position on RIVN.
1. Dissecting RIVN's Outperformance:
a) Market Sentiment: Investors are drawn to RIVN's potential as a disruptor in the EV industry, which has fueled a positive market sentiment.
b) Growth Prospects: RIVN's innovative technologies, such as its autonomous driving capabilities and unique battery technology, have garnered attention for their potential to revolutionize the EV market.
c) Competitive Advantage: RIVN's focus on the luxury EV segment, along with its strong brand image, has positioned the company as a formidable competitor to TSLA.
1. Understanding RIVN's Cash Burn
2. A Cautious Call-to-Action
a) In-depth Research: Dive into RIVN's financial reports, growth projections, and competitive landscape to gain a comprehensive understanding of the company's position.
b) Risk Assessment: Evaluate the risks associated with RIVN's cash burn and weigh them against the potential rewards of its growth prospects.
c) Diversification: Ensure that any investment in RIVN aligns with your overall investment strategy and risk tolerance. Diversify your portfolio to mitigate potential risks.
d) Expert Opinions: Seek insights from trusted financial advisors or industry experts who can provide informed opinions on RIVN's prospects.
In conclusion, RIVN's outperformance over TSLA, despite its cash burn, has sparked interest among investors. However, it is vital to approach this opportunity with caution and conduct thorough research before making any investment decisions.
Remember, the stock market is inherently unpredictable, and it is crucial to make informed choices based on a well-rounded analysis of the available information.
Is TSL Stock Worthy Beyond 2025? Let's Uncover That
Now, I know what you might be thinking. TSLA has been quite the rollercoaster ride, with its stock price soaring to astronomical heights and then experiencing some sharp declines. But let's not forget the incredible achievements and disruptive innovations that Tesla has brought to the table. From electric vehicles to renewable energy solutions, this company has been at the forefront of revolutionizing multiple industries.
Looking ahead, it's crucial to consider some key factors that could shape Tesla's future performance. The electric vehicle market is projected to witness substantial growth, driven by increasing environmental concerns and government regulations. Tesla, being a pioneer in this domain, is well-positioned to capitalize on this trend and maintain its market dominance.
Moreover, Tesla's ambitious plans to expand its production capacity, particularly in emerging markets like China, bode well for its long-term prospects. As the company continues to scale up, economies of scale could potentially lead to improved margins and profitability. Additionally, Tesla's investments in autonomous driving technology could open up new revenue streams and solidify its position as a leader in the automotive industry.
Now, let's talk about the call-to-action. As traders, it's essential to keep a close eye on the performance of our investments. I encourage you to consider holding onto TSL if it consistently outperforms the SPY ETF (S&P 500 Index). While past performance is not indicative of future results, this metric can serve as a valuable indicator of TSLA's strength relative to the broader market.
By closely monitoring TSLA's performance against the SPY ETF, we can make informed decisions about the stock's long-term potential. Remember, investing is all about calculated risks and staying ahead of the curve. If TSLA consistently outshines the broader market, it may be worth considering as a long-term holding in your portfolio.
In conclusion, the question of whether TSLA is a stock worthy of holding beyond 2025 is a topic that sparks curiosity and debate. While the future is uncertain, Tesla's innovative spirit, market position, and growth opportunities make it an intriguing candidate for long-term investors.
So, let's keep a watchful eye on TSLA's performance and evaluate its potential against the SPY ETF. If it continues to outperform, it might just be the time to consider holding onto Tesla and ride the waves of its future success.
TSLA - Is A Big Bounce In Progress??!!Technical Analysis:
- As you can see, wave (II) in blue has been completed and wave I in red is in progress
- Wave ((1)) and wave ((2)) in black have already been completed from wave I in red
- H1 & H4 right side is turning up
- Invalidation level 1 can't be crossed in short term
Technical Information:
- If you're a swing trader, wait for wave ((4)) in black to be completed to buy
- If you're a position trader, wait for wave II in red to be completed to buy
TSLA - AnalysisTSLA
W1 – Since the indices (SPX\NASDAQ) are demonstrating a noticeable slowdown in movement and reversal/downward correction patterns may already begin to form.
You can also try to consider corrective sales.
It can be seen that the 5th wave is still being worked out, but a slowdown is also visible.
Global purchase plan with a target up to 415.32.
It is also clear that a potential reversal of the movement may begin to form; if the pattern is fully formed, then you can see the target in the nearest values 212.69 - globally 101.51.
For further decline, it is necessary to consolidate at the level of 212.69.
What can you expect?
At this stage, you can consider selling with a target of up to 212.69.
Short
Targets – 245.18 – 225.58 – 212.69
Long-term perspective – goals 212.69 – 152.88 – 101.51
TSLA in Early Talks with Saudi Arabia to Open EV FactoryBrace yourselves, because Tesla (TSLA) is in early discussions with none other than Saudi Arabia to establish a groundbreaking electric vehicle (EV) factory. This announcement has sent shockwaves through the market, and I couldn't be more excited to share the potential it holds for all of us.
Imagine the possibilities! Tesla, the trailblazer in the EV industry, joining forces with one of the world's most influential nations. This collaboration has the potential to reshape the future of transportation and solidify Tesla's position as the undisputed leader in the EV market.
The Saudi Arabian government, recognizing the immense potential of electric vehicles, is keen to invest in this transformative technology. They understand that Tesla's visionary approach and groundbreaking innovations have revolutionized the automobile industry, and they want to be a part of this remarkable journey. This early-stage discussion indicates a strong commitment from both parties to drive sustainable mobility forward.
Now, let's talk about the enormous opportunities this collaboration presents for us as traders. The potential establishment of an EV factory in Saudi Arabia could translate into a significant boost in production capacity for Tesla, enabling it to meet the ever-growing global demand for electric vehicles. This expansion would undoubtedly lead to increased revenue and, consequently, a potential surge in TSLA stock value.
So, where does this leave us? It's time to seize this moment and consider a long position on TSLA. With the early talks between Tesla and Saudi Arabia underway, we have a unique chance to ride the wave of optimism and reap the rewards of this potentially game-changing partnership.
In light of this exciting news, I urge you to conduct your due diligence and analyze the potential impact this collaboration could have on Tesla's market position and stock performance. Keep a close eye on any further developments and market indicators that could influence TSLA's trajectory.
Remember, successful traders are always alert to emerging opportunities, and this collaboration between Tesla and Saudi Arabia has the potential to be a game-changer. Don't miss out on the chance to be part of this electrifying journey!
Stay tuned for more updates, and let's ride the wave of innovation together!
www.wsj.com
Morgan Stanley Upgrades Tesla Stock - Time to Go Long on TSLA!I'm thrilled to share with you that Tesla (TSLA) has just received a significant boost in its stock rating, courtesy of the renowned financial institution, Morgan Stanley! This upgrade has undoubtedly caught the attention of many investors, and I believe it's time for us to seize this opportunity and go long on TSLA!
Morgan Stanley's recent stock upgrade for Tesla is a clear indication of their confidence in the company's prospects. This positive development has already started to impact the market, with TSLA's stock showing signs of an upward trajectory. As savvy traders, we know that such upgrades often attract increased attention and can lead to substantial gains. So, let's not miss out on this potentially lucrative opportunity!
Tesla has consistently demonstrated its innovation and dominance in the electric vehicle industry. With their groundbreaking technology, impressive product lineup, and global presence, Tesla is poised for remarkable growth in the coming years. Morgan Stanley's upgrade serves as a validation of Tesla's strong fundamentals and its ability to deliver on its promises.
Now, you might be wondering, "What's the next step?" Well, my fellow traders, it's time to take action! I encourage you to consider going long on TSLA and take advantage of this positive momentum. By going long, we can potentially benefit from the expected rise in Tesla's stock price and maximize our returns.
Remember, investing in the stock market always carries some level of risk, but with careful analysis and a well-informed approach, we can minimize those risks and increase our chances of success. Conduct your due diligence, review the latest market trends, and consider consulting with your financial advisor to make an informed decision that aligns with your investment goals.
So, let's ride the wave of optimism surrounding Tesla's stock and capitalize on this exciting upgrade from Morgan Stanley. Together, we can make the most of this opportunity and aim for profitable outcomes!
Wishing you happy trading and abundant success!