Tesla TSLA - Weekly Update, Long from $207I'm still waiting for an entry sub-200 dollars, but since it might not happen, and there are other opportunities elsewhere, I definitely don't want to miss out accumulating in the low $200 range.
Tslabuy
TSLA might reverse soon from its long-term downtrendPre-markets indicate a positive open for TSLA stock, which might signal further upside potential at these levels, being close to cross its 100 day SMA and critical resistance at the 247.78 price level. CCI is currently strong at the 159 level, accompanied with a positive CMF. We will be waiting for strong Volume to confirm price action, before initiating a long position.
TSLA Long Position OpportunityTSLA price has broken out from a 6-months ranging inside a descending channel.
On top of that, price has steadily climbed along SMA20 and made a bullish cross over SMA50.
This had given further confirmation on a new uptrend which started in early June.
Taking the price level at early June as the swing point low stoploss, this trade would give a decent risk reward of at least 1:2
TSLA potential reversal!
TSLA expected to rise up to 1st resistance at 253.4 where it could potentially react off and drop down to 1st support at 227.80.
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Losses can exceed the initial investment so please ensure you fully
understand the risks.
TSLA ultra longterm predictionChamath Palihatipiyah formulated it perfectly: People who bet against this company are incredibly short sighted. They don't see the bigger picture here.
Tesla is a company like Amazon in the early 2000s.
Tesla is like Bitcoin 8 years ago.
It is one of the companies with the greatest upside potential ever.
The shorters get caught up in all the FUD stories, proudly sponsored by Big Oil, old Auto, and anti Tesla shorters like the idiot Jim Chanos.
They start to believe all the FUD.
If I would have believed all the FUD about bitcoin, I would never have bought my first bitcoin back in 2013.
I gained financial freedem by NOT listening to other people, especially not the damn news media. They are just a propaganda tool of the old industries, who are desperate, because they
know deep down that Tesla will succeed and destroy them.
We are now still in the second phase, the "then they fight you" phase.
But all new disruptive technologies win in the end, ALWAYS !!!!
So Tesla will see highs in the coming 10-15 years, that we cannot even imagine yet.
Think Amazon's growth after 2000.
This is a company by a man who WANTS TO COLONIZE MARS, for god's sake.
How people can be so short sighted, I will never understand.
If you see the bigger picture here, then you know that TSLA is going to succeed and become one of the biggest automakers worldwide by 2030.
And by then, maybe we'll even have the mars colony thanks to Elon Musks SpaceX, and have specially adapted Teslas also driving on Mars, hehe.
TSLA Good entry point at $225As 78.6% Fibonacci retracement has been reached, good entry point might be between $225-$227 for the long term
Good Luck
Can't see TSLA to go much lower..Can't see TSLA to go much lower.. Is it time for TSLA to finally bounce?
Bought $TSLABought TESLA .
Monthly support trendline support
260ma weekly support
If if dips further i'm just going to buy more!!!!!
$TSLA 1W$TSLA 1W
$TSLA weekly, close to touche the 260ma weekly, just where the monthly support is… $$$ that’s look like nice long position right there around sub $270. \u2028\u2028Take profit 1 could be around the $360. Is something like a $90 move upwards :)\u2028
$TSLA 1W$TSLA 1W
$TSLA weekly, close to touche the 260ma weekly, just where the monthly support is… $$$ that’s look like nice long position right there around sub $270. \u2028\u2028Take profit 1 could be around the $360. Is something like a $90 move upwards :)\u2028
TESLA STOCK OPPORTUNITY!Tesla, stock has been retracing lately and it is one of the companies which I have a believe in the future so its time to check the charts. Tesla looks like it getting back on track and wants to test 350+ USD prices however I think a short-mid term retrace is coming and we are going to test 300 USD as our support area after which we should take off and go to 350 USD+ area where if we break 400 USD resistance then we might really be taking off!
Good Luck, Traders! #moon #mooncommunity #turtlestyletrading ;)
Be a turtle my friend © Farhad Jafarov
TESLA STOCK ANALYSISJust straight up looking at the chart, we can tell that the trend is clearly upwards. As the ADX and PVT are positive (even after the recent dip), it might be a smart idea to invest. However, at the same time, the fall in ADX could lead to a gigantic drop as traders sell in order to prevent a loss, especially after the recent news
Currently, Tesla stocks are trading and the stock could go either way. Mostly, I believe that the fame behind Elon's name will drive the stock upwards. Heck, the stock jumped after he predicted that shorts are going to lose billions.
It might be a smart idea to wait for a bit but this stock should be one to keep an eye on.
In my amateur analysis, I believe that the recent drop in stock was due to the 'sensitive information' stolen and the recent fire in the supply lines. Elon delivering on his Model 3 promises will drive the stock upwards if he succeeds and downwards if he fails.
It might be smart to watch for news on Tesla. They have to hit a quota of 5000 cars a week to drive up the stocks and well you guys can decide if you all believe he'll reach it or not. Do decide to short or buy stocks of Tesla respectively.
For me, however, I'll be buying stocks of Tesla mostly cause I love the idea of clean energy and actually hope it works!
Thanks for reading!
