EWT: Tesla Has Brokendown The Corrective StructureTesla has broken down the corrective channel, and the price surged rapidly.
Currently, 3rd has reached 161.8% of wave 1. After completion of wave 3, the price will start its corrective wave 4.
Traders can initiate long positions after the accomplishment of wave 4 for the targets of 1056 - 1113 - 1210+.
Tslalong
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 Potential For Bullish Bounce| 13th April 2022We see a potential for a bounce from the buy entry level of 970.59 in line with 50% Fibonacci retracement towards the take profit level of 1036.51 in line with 38.2% Fibonacci retracement and 78.6% Fibonacci projection . Our bullish bias is supported by the stochastic indicator where price is near to the support level .
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TSLA Bull-run continuation we have one Resistant lift at 1200$, which will be another breakout, and seeing all time high for tsla, but we expect a bit of fighting back from the short around this area , but we need to hold our first support to confirm the strength of our trend , other wise we will go back to the second support .
holding above the 1200$ will confirm the bull-run contention for tsla .
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.
TSLA classic daily Elliott Wave StructureTesla moved off it's lows in March and formed a classic Elliott Wave Structure. Currently the structure is in Wave 4 and may pull back for the next 2 to 3 days. I am planning to initiate a LONG position first week or seconds week of april. Wave 5 should attempt to make new 52 wk highs.
TSLA: Buy zone is 917-960Tesla just completed a powerful W-3. However, now the uptrend has become exhausted and needs time to rest. Fibonacci extension targets have been achieved and MACD/RSI are showing bearish divergences. I expect the retracement to reach about the .382 - .500 level. If you own TSLA, you may want to consider selling covered calls to protect some of the gains you had over the last couple weeks.
TSLA LONGFor More Daily Detailed Analysis, Go ahead and click on the follow Button..
TSLA is a Stock with growing fundamentals. As the World becomes more dependent on electronic power we see ever growing upside BIAS amongst similar stocks.
From a TECH perspective, we are seeing CLEAR Uptrend. On the current drop in price we have seen a rebound and the price action area getting rejected, followed by a minor move to the north side. We can look for a continuation in this movement and a continuation to the long side. We can EXIT gradually as price increases. Remember, We SEE a dip before, we are in UP trend. Worrying that price will fall through is NOT market based. Prices will not move in a straight line and they must drop naturally amongst a longer term trend.
Bears caught of guard by TSLAThis morning the market opened to a surprising rally to the upside leaving all expecting Bears open mouthed and wondering what the fuzz was about.
A 50% retracement affirmed the upwards movement when it quickly returned to the upside aiming at the once contested 850.
A move above the 850 could really spur Bullish momentum and place the eager bears back into Hibernation.
Will update with opening bell 3/17/22
TSLA slow climb to 886?TSLA has temporarily climbed its way back with Higher highs and rebounding with strength creating Higher lows.
TSLA's true test of strength against bulls is waiting in the form of resistance at 886 above.
Before this we must watch for Price action in range 159-10 since it will act as resistance for a 823 retest or use this range 159-160 as spring board towards 886