Tslaforecast
$TSLA bulls is back!$TSLA stock climbs after beats its earnings expectation few days ago and continue to soars after fed meeting. No major news about the pipeline just pure technical breakout.
as for the chart pattern, TSLA is making lower high and i expect TSLA will pull back tomorrow, before is starts to push to high again.
here my price target for $TSLA for monday 08/01/22.
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For calls; buy above $911 and sell at 935 or above
For puts, buy below 880.89 and sell at 874.18 or below
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Welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
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Should You Buy TSLA Stock NOW??!!! Best Prices Hello everyone. I hope you are doing perfectly. So, today I wanted to share my perspective on TSLA stock. In this published idea, you can see three aspects of the analysis: technical, fundamental, and sentimental (all are my humble opinion). Now let's get to the real deal.
Technical Analysis
As you see on the chart, there is a high possibility of pulling back on the trend line since the price is over-saturated, and we can see that the last minor wave has given its 0.618% correction.
With this said, I will buy TSLA stock only at the prices given in the chart. The prices are obtained with Fibonacci numbers and demand zones. If you want to buy it now, you can, but I do not recommend it.
Fundamental Analysis
Now, the most crucial thing in buying stocks is analyzing the fundamentals of a particular stock before buying it. As you know, the USA is experiencing negative GDP growth, indicating that high-risk markets, including the stock market, can continue their bearish trend.
But, if you are a long-term investor, this can be the perfect opportunity. However, if I were you, I would wait until the CPI decreases and the GDP increases.
Additionally, TSLA is currently experiencing good earnings and revenues, which shows that even in a bear market, it can not be bankrupt.
Sentimental Analysis
As you can see from what I said earlier, we are all a bit confused about the current economic situation. So, on a bigger scale, most people are like us. Let's think logically, how 90% of people would react now? Most people are now afraid of the bear market, which is a good thing. In such situations, I want to give others what they want. What do I mean by this? It means if you're going to sell, I will buy, and if you want to buy, I will sell. In simple terms, do the exact opposite of what most people want to do.
I hope you gained what you wanted on TSLA stock. Follow me for more Forex, CFD, Crypto, and the Stock market analysis.
I will be glad also to know your perspective on TSLA stock. So, leave a comment and let me know what you think.
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TSLA idea The Tesla arrow is moving in the form of a descending corrective channel and reached the golden area of the big bullish wave and touched the bottom of the channel, in addition to the matching of the two Fibonacci levels with strong areas
Strong buying opportunity on the stock
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TSLA: Tesla will get into trouble because of Elon Musk - 19%Today we're here to talk about TSLA
Today: Tesla shares are trading at 649.95. And the company looks clearly worse than the market. It is obvious that the company is highly overvalued and therefore the market needs a correction. I believe that Tesla shares need to be corrected by another 19% of the current value over the past 2-3 weeks, and then their price will be quite market. Thus, the shares need to fall down to the level of 535 - 500 dollars per security. And this is in the region - 19% of the current level. At what, as I believe, the fall will be quite sharp . And it will be mainly caused by public accusations against Elon Musk on manipulations with cryptocurrencies. After all, the fall that is now developing in the cryptocurrency market makes it possible to assume that Elon was engaged in exchange manipulations and at the same time warmed up the audience by selling goods and services from Tesla . Already, a wave is rising in the press, which will hit the value of shares up to - 19%, which will cause its sale.
Based on the above, I recommend:
If you want to go short:
It is better to open short positions from the level of 700 - 680, but limit your losses.
If you want to buy:
Buying now is too risky. It is better to refuse them or take them at a price of 535 - 500 dollars per paper.
If you are not in the market:
You can try to go short from the 680 level or wait until the market bottoms around 535 - 500 and then buy.
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TSLA weekend reviewHere is the same chart from last weekend as a reveiw. See how the predicted Orange oval area played out & $TSLA challenged both the current down channel (White) as well as the one from NOV (Blue lines)?
We played calls on $TSLA on Tues & Wed for nice gains, and remained flat on the stock for the remainder of the week. I will work up a new analysis for next week on TSLA as soon as the Volatility Range Algo is finished computing
Was TSLA Tesla Sell-off Predictable ?Of course it was! When we saw the Double Top Bearish chart pattern confirmed here, at $1130:
At that time both Elon Musk and Ark Invest were selling the shares at the top!
And there were people still buying them!
New Key price targets to watch:
$595 as a strong support before a potential reversal
$720 as a strong resistance after the reversal from the Falling Wedge Bullish Chart Pattern
$420 -$475 as a Buy Area (strong support and decent valuation)
Looking forward to read your opinion about it.
TSLA Bttom Support we dipped below the strongest support the 700$, however we close 1D candle over the 700$, that show us the strength of that support , if we want to make this our bottom , we need to hold above the 700$ and test again the current RS around the 833$, cause if we have 1D candle below 700$ SP , we will see a new support test above the 550$.
and still the 947$ is the bullish confirmation for TSLA if we close 1D candle above and hold .
Tesla Follow-up with More Detail $550??I have doubled my short position as of today.
Earlier this week, I posted a rather stale chart of Tesla (lol). At any rate, here is what I see from a technical perspective:
Double Top
Lower Highs
Rising F-Flag (bearish)
The CEO out there meme-ing in real life.
It's a set up for a complete catastrophe in $TSLA stock.
I think $500 - $550 is probably.
God bless,
Chief
TSLA Bill Gates $500Mil short position in TeslaDespite having a great quarter: EPS: $3.22 vs $2.26 expected
Revenue: $18.76 billion vs $17.80 billion expected, Bill Gates is still holding his 500Mil short position in TSLA.
There is a conversation circulating on twitter in which Musk asked Gates: “Do you still have a half billion dollar short position against Tesla?”
and Gates replied: “Sorry to say I haven’t closed it out. I would like to discuss philanthropy possibilities.”
Maybe this strong growth and 1.4Mil cars expected in 2022 are already priced into the market cap and a correction is possible on such a high (still) P/E ratio for the auto industry!
ARK also sold an important stake in TSLA this week.
Key supports are $906 and $765.
Looking forward to read your opinion about it.
Tesla earnings breakout attempt Based in the earnings conference call and information shared by elon, tesla price may have enough momentum to attempt another 52wk high. There are two ttm squeezes that are squeezing on the daily and weekly. Moreover there is a perfect, maybe too perfect elliott wave daily and weekly count. The structure fits very well and in agreement with another game squeeze setup. Tesla daily price sits on the 6 day ma and not under it so price may be initiating its trend today. Although telsa pulled back after 10% off of earnings, the price still closed above the 6 day ma which defines the start of new leg up. Currently I have opened June month 1675c @2.25 and looking to open another set on Friday April 22. This next gamma squeeze will be epic. Tgt in next two weeks 1269 and then 1600 into June or July. I hope this helps.
TSLA $620-$465 over the next few months?On the weekly timeframe, $TSLA just formed another lower high, now rejecting that upper trendline 3 times, which would setup the possibility for a much larger fall from here (unless price can get back above it--which doesn't look likely here).
I can see TSLA breaking it's prior low from February and breaking the $620 support being it's already been tested multiple times on the way up. What hasn't been retested yet is the support at $465, therefore, that's the most logical place for price to find support from here.
Let's see how it plays out over the next few months.
MIDIUM TERM TEASLA DIRECTIONAL BIAS BULLISHHEY GUYS
this is an update of the idea posted in 30 march in which I've successfully predicted last move this is the place I've been waiting for the market to come
and now I'm bullish
this is my general outlook on the market i am currently bullish on the stocks market and looking to buy the dips as far as i can see a retracement is due in both indexes and some profit taking so that happens this is my plan of attack keep in mind that this is an idea a plan in a uncertain chaotic environment out of multiple plans to be cirtainedif anything happens that changes the fundamentals of this idea, i will update.
please note that this is not financial advice. do your own research and use this information as conformational bias on top of your own analysis.
like for support!!!!
TSLA bullish ahead of stock split Tesla is asking its shareholders to split its stock for the second time in two years.
The split would come in the form of a dividend, paying shareholders additional shares.
It might reach all time high in my opinion if they don`t mess up with the deliveries, so there is still a 9.30%.
Looking forward to read your opinion about it.