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Tslaforecast

TSLA TWO DAY SWING SETUPTSLA algorithm on the daily is still in a sell short position. On the 30 min time-frame, the algorithm is neutral. Last Friday, the TSLA daily candle closed green - up 4.5%. This candle is a potential setup for BLT. Friday Bacon, Monday slight green and close flat as a doji. Tuesday we expect a 5% move within the first 60mins from the open. So the ideal entry would be open a position on Monday end of day. The setup would be invalidated if the price gaps down or if the price of TSLA does not form a Doji on Monday. There is always a possibility that TSLA can run on Monday but the probability is less than 50%. TSLA is still in a downtrend and the short term bounce is limited and we still expect TSLA to trade lower down to the gap fill at 566 and then fill the gap at 400 sometime in the month of June either Tuesday 2 hours after the open or Wednesday. Triple witching week is generally bullish but post witching week the probabilities of TSLA dropping down to 400, especially if the underlying is not trading above 566, will increase exponentially.
NASDAQ:TSLALong
by TOSOPTION
TSLA ROCKET OR #2 YAHOO?TSLA is the most discussed Stock of the year. Its valuation is out of every measure there is. Its overvalued. And yes people are very protective of this, especially with Tesla. But its the truth. I don't think it will crash, but in the future, not specifically at S&P 500 index inclusion, the money will shift. So far TSLA doesn't have any proper competitors that currently would be equal or better than TSLA. But when it happens, people will shift the money to other stocks. Because in my mind TSLA valuation is not Tesla's, but the EV's + Solar + Battery + Insurance + Self Driving valuation in total that is just currently alocated to the best spot there is: TSLA. That money will belong to some competitors in the future. Not saying China will crush USA, although I can't deny its growing power. The agreements and steps the new president will make will impact the whole decade. A 20% China Securities / 60% US Securities / 20% Crypto is one of my favorite portfolio allocations for a larger portfolio.
NASDAQ:TSLA
by erikagigye
11
TSLA - Elliott Wave Analysis - CorrectionHi All, I'm a long term Tesla Bull, but bearish short term, the price action suggest short term bearish price action. Reasons - No Catalyst until July Delivery Numbers - No S/X Deliveries yet - Nasdaq still in correction mode and has a room to come down, pressure on tech/growth stocks. - Elon's tweets about FSD subscription(impacts financials) and FSD V9 release dates(impacts no financials on short term, helps perception which is good) are still in the air with no factual date of release. - Elon's sudden move on BTC adoption, then again sudden reaction on it's rejection, creates only confusion and markets don't like it, but this will have only short term ~1 day impact on trading. PS: This is just my opinion based on price action and macro level economics. Please be careful picking your trades.
NASDAQ:TSLAShort
by ActorBay
TSLA at pivot point for move upTSLA has the ability to test up to $718-$720 within the next week. If it can hold demand above the $701-$704 range after a test of those levels, the next price targets in the above range start at $729.40 with a high range of $749.30 Topside supply of this move comes in the ranges between $760 and $780. A break of this upper supply range gives TSLA the ability to retest the red-trendline gap resistance. The price target for this move would depend on when TSLA is able to find a lack of supply below $780. The drawn arrowed lines indicate an important trend progression for TSLA in deciding whether it will be able to test the above range. A break below the drawn tan downtrend line will likely see TSLA retest the lower light-blue trendline support.
NASDAQ:TSLALong
by rickhubbard10
1
TSLA - BREAKOUT JUST BEFORE EARNINGSMultiple indicators pointing to a big breakout just before earnings for Tesla this coming Monday. Dogecoin has distracted a lot of investors in the news lately, but is losing steam. Tesla will undoubtedly smash earnings estimates - the question is by how much. Tesla started off today with a big gap up that was filled shortly thereafter, and was weighed down by S&P headwinds with the overall market down on the day. Aside from the Chauvin circus coming to a close and the potential ramifications it could have, expect the S&P and Tesla to finish the week strong in preparation for next weeks earnings. This weeks target: $755-$772 Expect moderate resistance at the $745 level, but short of the market at large weighing on tesla if other earnings reports come up short, expect Tesla to continue trending upwards with a price north of $800 by earnings day not out of the question.
NASDAQ:TSLALong
by DontListenToThisClown
TSLA Sling Shot?The PE of Tesla worries tha hell off my guts, but as a trader my greedy side tells me there's still a bit of money to be made. MACD looking like it still has some leg to go up, Stoch RSI Bullish but Overbought, bullish symmetrical triangle... this consolidation in this symmetrical triangle is my bullish bias looks like it's preparing to blow that resistance trendline, now let's look from a bearish perspective, TESLA has the highest PE in history :D, ABC correction in play? Earnings will be announced on the 5th of May 2021 (ok ok this is not a bearish sign itself but none the less...) RSI almost hitting resistance area (however this can be broken thru) Stoch RSI Bullish but on the overbought area I'm not in a position in TESLA at the moment but will Long if symmetrical triangle breaks to the upside. This my opinion and mine alone don't take it as an investment advice, i'm not a financial adviser!!!
NASDAQ:TSLALong
by ankhramsiswmriimn
1
UPDATE on the MOTHER OF ALL WEDGES (TESLA)What I'd like to see now: -The fill of the gap at 775 -A retrace to the broken consolidation area -The fill of the gap formed today at 700 Here is where I will add more shares to my Tesla position (trying to make Tesla 65% of my portfolio from 60%) -And then a continuation to A: break the wedge and go back to 800+. Or B: Consolidate between 720-780 range waiting for Q2-3 catalysts. What do you guys think? My portfolio was really happy with TSLA, PLTR and BTC today
NASDAQ:TSLALong
by Fed02
2