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.
Tslalong
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!!!
TESLA Journey to Double Top?G'day Guys
Here we go for today analysis for TESLA. As projected previously, this pair heading north.
In weekly perspective, this pair look like on the journey creating Double Top. A lot things happen recently with Tesla which is, push the price go higher.
Yet we already see this happen what a next move on the pair.
Let's see what happen next on this pair.
Cheers
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
TSLA - Breaking out & set to jump - $765-785 by week's endChart is pretty self explanatory and simple to understand which means tons of other traders recognize the opportunity as well. Expect investors to start piling on to TSLA again in the very near term with next pullback in the 760s. Short of that double bottom upward trend line breaking - it's all systems go on Tesla
TSLA is always a long for me!Most people don't know how to evaluate a company. They take one good look at Tesla and think because the PE ratio is high that Tesla should be given the corporate pariah status. Tesla is much more than just a car company, it's an energy company and a software company. I also keep hearing people say that Tesla's competition is coming. They use GM, Ford, Hummer and other ICE vehicles manufacturers in order to perpetuate this false narrative that Tesla will reach a detrimental phase. While its true that these ICE vehicles companies are transitioning to electric vehicles it doesn't necessarily mean that they will be profitable. Let's not forget that Tesla is the only Electric vehicle manufacturer that has actually turned a profit. What's more, the so called "competition"
has only released proof of concepts and models to showcase what's to come and some of these cars are only coming out in 10 years. The only true competitor for the vehicle segment of Tesla is teleportation. I'm always long Tesla.
If you like what you see why not support us?
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TSLA another 61.8 fib rejection on the dailyWe again tried to break the Fib extension at 61.8 another rejection at the 706.8 level.
We are looking at three possibilities
1. a return to the .5 fib extension
2. a bounce off the fan trend line
3. a short-term consolidation and a breakthrough the 61.8 if congress extends the tax incentives for EV's to TSLA (and GM) for cars over 200K. This would bring huge buying potential to new cars and new production orders in the US market for the M3 and MY as their base models fit in that area.
Over the long term we are still bullish on TSLA and hope to be in the future. TSLA is more than a car company...
TSLA - Hidden bearish Divergence to a possible wolfe wave Yo!
The green and red boxes shows my targets ranges.. Im overall bullish.
Even if the wolfe wave failes this targets also found with Fib! ( so for me its two tools gave me same targets.. )
*The lower red box is just an extrem possible target.. ( no panic please :)
Have a good trading day!
t347.
The mother of all wedges, TSLA to MARSTesla has been repeatedly moving with the same pattern, the wedge.
Now, a massive wedge is forming, meaning a massive move is coming.
Tesla's future is bright, I'll definitely be adding in this consolidation area.
What do you guys think about Tesla's future?
Because for me I am extremely bullish!