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Tslalong

TESLA Potential BREAKOUT!Since the major breakout in November of last year, Tesla has been trading in a downward trend. Now we're on the verge of a possible bullish breakout. The price has been forming a triangle structure since the start of this year. As seen in the chart, TSLA has managed to break two resistance levels of the triangle pattern. We even see a re-test of the breakout on July 8th. Price also seems to be gaining momentum with three bullish candles since the re-test as well as a strong gain yesterday.
NASDAQ:TSLALong
by EmpowerTrader
1
TSLA explodes higher into August 2021 with defined targetTSLA has been a trading like fud for the past few months and this was expected after a parabolic move in 2020. The monthly setup shows a high tight monthly darvas setup. The TOSOPTION algorithm on the monthly continues to trade long. If the upper channel of the darvas gets taken out then TSLA moves to 1126 which is our fibonacci 1.272 extension. With earnings around the corner, the price either reaches the target pre earnings run or post earnings. We have opened a series of directional contracts for July 23 800C. A close above 665.59 on July 9 would be ideal for tsla to push higher next week into July 13 and July 14.
NASDAQ:TSLALong
by TOSOPTION
TSLA LONG on the Daily algorithmTSLA S3XY algorithm initiated a long position on the daily time-frame on June 23. The weekly signal remains neutral and if both daily and weekly are long then we have a potential price explosion for tsla that could retest and break thru $1000. Daily Long position is very bullish and likely the early signs of TSLA making another attempt to run up to $1000. Before $1000, there are three psychological levels - 700, 800 and 900. There are two time aggregation periods that suggest the price level of 700 will be taken out this week based on the famous BLT candlestick combination. These combo candlestick setup can be viewed on the 2D and 3D aggregation period. We have opened two positions and likely to continue to add more for July and august monthlies. S3XY on the 30min time frame is long and we also have a full position using common shares.
NASDAQ:TSLALong
by TOSOPTION
TSLA : Possible Breakout Or Another False Break?Hello Everyone! NASDAQ:TSLA has been struggling to break above 21 day EMA since it became bearish (in short term) in March when the 21 day EMA fell below the 50 day EMA. One exception happened in April due to sales reports, analyst price targets and earning expectation (?) when it succeeded to go above the 21 day EMA but that move did not sustain as we can see. In May it even went below the 200 day EMA to retest the strong support around $546. Since then it has formed a wedge structure testing the 21 day EMA multiple times. It is expected that at some point NASDAQ:TSLA will break out of that structure. Price actions in last 3 days have formed a "variation" of the Morning Star pattern which is signaling towards a bullish move tomorrow or early next week (Friday, June 18 onwards). Whether this move will follow through and the wedge structure will be broken in the upward direction can only be verified by the price actions in coming days. Which will also depend on the economic news and overall performance of NASDAQ:NDX given the index has hit all time high today. Assuming that NASDAQ:TSLA will sustain above 21 day EMA with this move, we can expect it to test recent highs such as price level $635, the $10 Gap fall between price levels $723 & $733 and price level $780. If in case the upward movement doesn't sustain and the wedge is broken in bearish direction, NASDAQ:TSLA will again test the support level $546. For now I am leaning towards the bullish position more but the possibility of a false break cannot be overruled given the stock's recent performance. Hope you will find this analysis useful. Please feel free to post your opinion and support my posts if you find them useful. Thanks!
NASDAQ:TSLALong
by Trading-Economist
TESLA LONG intraday fibonacci trading $TSLAIntraday trend likely DOWN We can take BUY positions at these fibo levels : N1: 598 N2: 586 N3: 567 DON'T FORGET TO SET STOP LOSS IN CASE OF NO REVERSAL FOR A LONG TIME Examples of SL and TP : SL could be @ Fibo level 4 (542) TP could be @ Fibo level 0 (616) Again these are just EXAMPLES ; these are the simpliest way to implement SL and TP in this system ; otherwise one could easily improve these by using partial profit taking, SL to breakeven after a certain amount of profit and other money management tactics... Same goes with the SL
NASDAQ:TSLALong
by Hi3rophante