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Tslaforecast

TSLA Stock Split had me interested but...TSLA is the hottest performing stock of the year and that's great but there's a few things to keep in mind short-term. On the Weekly time frame the stock is nearly parabolic. A combination of that along with the RSI starting to show bearish divergence has me seeing it pulling back sometime in the next 3 months (Nov/Dec). On the lower time-frames you'll also see bear volume increasing. I think we'll top off around $550 but historically speaking we've had dumps around election time. Smart money would wait until November/December when the Daily and Weekly RSI hover back down to the 40 range. Additionally, you have fresh meat entering the market via Robinhood etc who aren't familiar with the stock market or technicals. Any sell-off will be exacerbated by them panic selling. Target for a rebuy is $275-$280.
NASDAQ:TSLA
by tired_man_willis
2
TSLA Five-For-One Stock Split (GET READY)Tesla on Tuesday announced a five-for-one stock split effective August 31. At the close of trading on August 28, shareholders will receive five shares for every one they own Tesla , Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020. Forward-Looking Statements Certain statements, including, without limitation, statements regarding the expected timing and impact of the stock dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information. How will the Apple and Tesla stock splits affect open orders? Open stock orders of 100 shares or greater Open buy orders of 100 shares or greater will be adjusted on the morning of the ex-date, August 31, 2020. For example, A stock order of 100 shares of Tesla ( TSLA ) before the ex-date will be adjusted to 500 shares of TSLA on the morning of August 31. In the case of limit orders to buy, stop orders to sell, and stop limit orders to sell, any order entered prior to market close on August 28, 2020 will be adjusted for ex-date after the market closes on August 28, 2020. Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be adjusted, but will now be significantly away from the market price. The price will also be adjusted in conjunction with the split terms unless entered as a Do Not Increase order. Open stock orders of 99 shares or fewer Limit orders to buy, stop orders to sell, and stop limit orders to sell that are entered prior to market close on August 28, 2020 will be canceled for ex-date after the market closes on August 28, 2020. Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be canceled. Please note: Stock orders entered after market close on August 28, 2020 will not be adjusted or canceled. Some stock orders may be rejected for aggressive pricing or invalid stop price on ex-date August 31, 2020, before the market opens.
NASDAQ:TSLA
by MavRich_Trading
22
Análisis Técnico de TSLATSLA moved Vertical, on Rumors of entering sp500, what I think will not happen for now. Pensamos que esta ultima suba vertical fue una Onda 5, y que debería corregir hasta la zona de la MM de 50 Ruedas. Entrada: Under 2000 Stop: 2158 Target: 1736 & 1536 Play can be made with Options to limit risk. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
NASDAQ:TSLAShort
by atrio222
$TSLA Tesla Major Correction IncomingI won't pretend that Tesla's valuation as anything to do with reality, but signs are pointing to a significant pullback in the short term to the $1765 area. Volume has increasingly fallen off each time it has tested the $1910-15 area. Expect $TSLA to test this level one more time. If it fails, it'll like fall through the support line unless the rest of the market is propping it up in a big way. North of $1915, and I would take the loss; however, I fully expect people will be taking some big profits after the 40% run up in the last few days - falling back to solidify it's base would represent a 23.4% retracement level from $1915. A double top will likely form on Tesla today, and we should see a very profitable pullback in the next day. If the stock trends down the remainder of the day, expect that to accelerate into tomorrow w/ a big gap down likely.
NASDAQ:TSLAShort
by DontListenToThisClown
8
Tesla Announces a Five-for-One Stock SplitTesla on Tuesday announced a five-for-one stock split effective August 31. At the close of trading on August 28, shareholders will receive five shares for every one they own Tesla, Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020. Forward-Looking Statements Certain statements, including, without limitation, statements regarding the expected timing and impact of the stock dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information.
NASDAQ:TSLA
by MavRich_Trading
3
TESLA will be included in SnP500 (Bullish breakout expected)Tesla reported its fourth quarterly profit in a row Wednesday, positioning the electric-car maker as a leader in an auto sector that has struggled during the pandemic, and clearing the way for the stock to join the S&P 500. For the second quarter of 2020, Tesla made $104 million in net income on more than $6 billion in revenues. That beat forecasts by Wall Street analysts who had anticipated a loss of nearly $250 million and revenues of $5.4 billion. Based on some calculations, approximately 20% of the outstanding Tesla stocks will have to be purchased by those index funds trailing SnP500 and they can purchase it anytime before or after SnP announces that Tesla will be included in the index. There is also quite alot of shorts opened (people betting against Tesla) against Tesla (approx $20 billion) which means if market pumps today, those shorts trader will have to buy back some Tesla shares to exit their positions. Therefore, i'm quite bullish on Tesla for this short period time and although it is overvalued if you look at their market cap compared to their profits, market forces in the trading market will push this stock up for the time being.
NASDAQ:TSLALong
by Trader_hao
4
Analysis on Tesla Stock RallyMany people are looking at Tesla's stock currently because from March till now, within a period of 4 months, it went up approximately 5x which is rarely seen in the stock market. Tesla is a huge company but it has never yet made profits for four quarters in a row, and thus isn’t eligible for inclusion in the S&P 500, the world’s most tracked index. If it manages to show a profit for the second quarter, then it will have passed that threshold, and the committee that oversees the S&P 500 would probably add it to the index sooner rather than later. Tesla's market cap is currently at $275 billion. With only having less than 10% of Toyota's revenue, Tesla market cap is currently approx $50 billion higher than Toyota's. I feel Tesla is probably overvalued now and is primed for a crash soon. Think it will hit support at around $1,000 price point.
NASDAQ:TSLAShort
by Trader_hao
ridethepig | Tesla Island Reversal!📍 In the realm of Tesla, patience is sustained courage although the struggle for valuation is evident. The overstretched manoeuvre is identical to the struggle which we traded earlier in the year. It is obvious for any of those that have studied the Tesla supply chain that outlooks and expectations at current valuations are unrealistic. What is surprising, is to see how the economy is coughing badly via covid, both corporates and consumers are becoming increasingly defensive in capital allocation...yet markets are pricing a mass adoption of overpriced cars. With that recognition behind us, let us look at the deliveries for Q220 : Model S/X 10,600 Model 3/Y 80,050 Total 90,650 ============================ "While our main factory in Fremont was shut down for much of the quarter, we have successfully ramped production back to prior levels." "Our net income and cash flow results will be announced along with the rest of our financial performance when we announce Q2 earnings. Our delivery count should be viewed as slightly conservative, as we only count a car as delivered if it is transferred to the customer and all paperwork is correct. Final numbers could vary by up to 0.5% or more. Tesla vehicle deliveries represent only one measure of the company’s financial performance and should not be relied on as an indicator of quarterly financial results, which depend on a variety of factors, including the cost of sales, foreign exchange movements and mix of directly leased vehicles." ============================ 📌 This press release demonstrates how and where you can advance on expectations that are skewed the wrong way, and how complacency should be punished. => The lust for Tesla bulls is to expand above $1,000 ... that leaves them with another +/- 300k deliveries needed for Q3 and Q4 to keep things fundamentally interesting for the game. => With a second wave now a done-deal, risk is threatening to storm the battlefield. The previous Tesla crash which we traded live had sufficient preparation, here we have a long weekend and theoretically a delay in virus numbers till Tuesday of next week. Sellers can plan the attack and what makes the flows fundamentally interesting is that operations and valuations are based on no competition. => This powerful flow which is starting at $1,200 can be considered the starting point of the waterfall. A bold call that can be protected with stops above $1,500 while looking for another visit of the $425 fair value target. As usual thanks for keeping the feedback coming 👍 or 👎 ... let's see if we get another home run!
NASDAQ:TSLAShort
by ridethepig
22
TESLA growth analysisHello traders, As the TESLA stock price chart shows, TSLA is taking an upward trend, the support S1 confirms that. Since 18 Mars increase to a specific maximum point (Point A, B, and C), and then take a break to prepare for another one. Right now, we have another increasing trend of TESLA. Two scenarios: -- Either, it will continue to reach a new maximum, and go back down as a break. That break will be decreasing and must not be below the level “L”, in that case, we can say it’s going up again. -- Either, it will go down below that level “L”, and in that case, we can say that this trend is ending. Generally, we expect that it will go up, take a break by going down to bounce on a level that is higher than “L”, and go again in an increasing trend.
NASDAQ:TSLAShort
by oualidskh
4
TSLA printing a nice wedgeThis here is a really nice wedge that Tesla is printing. I think the stock will range now for most of the year. Without Corona, I am very sure, we would be at prices of over 1000 USD now, but as it is, the stock must range and stabilize for a while. Then, at the end of 2020, we will either see a large pump, or a dump, and the later pumps. This will of course highly depend on the economic situation and how the Corona crisis will develop until then. Knowing Tesla, I wouldn't be surprised if it would dump again, just to kill many shorters again, who will then short again like crazy. Then, the ensuing rally to 1000+ will again, as always, totally destroy them, hahahaha. Every time again, just too funny to watch. In any case, this wedge is an excellent opportunity to enter a longterm trade.
NASDAQ:TSLALong
by SebastianofMoon
3
TSLA - The down fall of Tesla Pt. 3If you find this information useful - leave a comment and a like. thank you! Hello Friends, My stance on Tesla remains the same. Short. I was bit early to the party on my options but none the less. Elon never fails on being being corrupt. Quarter earnings were pencil whipped to the max. Then Elon goes on to twitter rant. This is what you are getting when you are buying 700-800 dollar per share stock with this guy. I say short the man out of the job. Obviously not fit to run a publicly traded company. Tesla peaked out in the 800's to be rejected with news of questionable ethics from accounting for the quarterly earnings. More news than TA. Sorry friends. This just doesn't sit well with me. As always this is pure speculation for charting - it is not financial advice. If you find this information useful - leave a comment and a like. thank you!
NASDAQ:TSLAShort
by Jeffery-Callis