Tslalong
Is TSLA going to 500 -> 360?As NASDAQ:TSLA rocket ship (SpaceX) has took parabolic turn. Seems it can go to 500ish first stop or second support could be 360ish. Let's see which wall bulls can be a defend.
Note: Pls ignore the September area analysis which was done in a bull run.
Disclaimer: I"m NOT a financial advisor. All trade ideas are shared for educational & entertainment purposes only. All advice is based on technical and my own opinion.
TESLA: Time To Buy The F Dip?! (comment your thoughts)This can be an opportunity for equity long-term investors to get involved in TESLA Stock . I personally I'm about to buy few shares During the week after more confirmations
TSLA rocket loading to 1k!? TSLA 4HR - The EV sector has taken a hit all around for the past couple weeks which create great buying opportunities! ...Tesla is in my larger degree wave 4 correction, price seen a steep drop due to overall market sentiment this past week but I can see a possible flat consolidation period before we start a nice bull run... S&P 500 had a decently bullish close Friday and I am expecting we see a green beginning of the week and continue to see corrections for most stocks depending on overall market sentiment (bond yields, interest rate, stimulus, etc.). I can see price going to retest 700 and a drop down to 480-500 level before we see 1k. Keep an eye on volume to validate price action. Lots of Investors, Institutions buying this dip so IMO great point to scale in to shares for your long term.
Key Levels
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S: $538.50, $496, $413
R: $615.66, $693.95, $784, $874.37, $905.41
TSLA more bearish trendTesla will be more bearish in the upcoming days but than after the retracement to lower levels of 500 there will be following some upward movement
TSLA consolidation after S3XY algorithm SELL short positionOn Feb 10, 2021, the s3xy algorithm initiated it's first SELL SHORT position in TESLA. Since it's alert, TESLA has dropped more than 35%. What Next? We believe TESLA will under go consolidation around the 640 to 550 range and then begin to sell off down to 400 by mid June or July. This assumption is based on the daily s3xy continues to remain in SELL SHORT position. Price estimation and target can change if TESLA can trade above 640 for 14 days. If this happens then I would look for a ttm squeeze daily to setup and anticipate an Earnings run up to 900 or 1000. This condition would likely play out as long and increase in probability if the daily ttm squeeze develops prior to earnings AND price trades at least 7 days consecutively above the 6 day ma.
TSLA very clear 5 waves down - The 'A' wave may be finished TSLA very clear 5 waves down and measurement levels are clean.
5 waves down is corrective and has 2 possible outcomes, this being the less bearish of the 2 and i lean towards this more conservative count for now.
It looks like tsla has put in an A wave of an ABC correction, and its very possible the A wave down is done.
Looking for a B wave bounce to start soon.
Other tickers as well as the QQQ have very similar 5 waves down.
Price bounced at the 50% fib of an extension fib setup. The longer term target for this fib setup is 1068 as long as 465 doesnt break.
Trendline Support.
Volume climax at lows.
RSI and Stoch oversold.
Watching for the start of the B wave up. Resistance into recent supply levels would make sense possibly up to 840.
Tesla short term bottomCombine with Fib, William R, and Normalized ATR, I think we already hit the bottom for the short term. There might be a V recovery but there are few key support/resistance to watch for. This should be the right time to accumulate TSLA.
TSLA - Relax just Buy it, when you want to go to it..TSLA's previous selloff tends to average -43% off of the high produced on the spike. Take these percentages and you have a mirroring forward looking price trend. Loading zone has begun and blast through zone in June.
Tesla Hitting Bottom It Is Very Big Oppurtinitybottom of the trend is buy time. i drawed what i am expected for future.
TSLA. Is the correction over? Time to Buy!After my idea about a correction in NASDAQ:TSLA , it's time for a follow-up. There is strong support at $560, while our target for 2021 is above $1200. So it makes sense to buy and buy aggressively at these levels. I see pre-market today opening lower than last close, but that doesn't bother me at all. The scare from rising interest rates is already priced in and has already taken effect over the past two weeks.
Do not over-lever your trade. That's just my opinion. The absolute low in my estimation is at $440. So if you lever 5:1 for example, you might easily get liquidated.
Dow Jones ( TVC:DJI ) has room to fall until 27000. That's a 10% drop from current levels. See the following chart.
But the S&P500 has only 8% room to fall before it reaches major support. Judging by previous drops, that usually translates to a 16% drop in TSLA, which takes us to $560.
Conclusion : TSLA is at a strong buy in my opinion right now and all the way down to $560. The risk is low but the reward is high short-term and extremely high long-term.
$tsla ready for breakout I predicted down but it is looking closer to a breakout now. A little more of a push and we may go much higher. Good luck and wait for confirmation past 715ish....also make your own trades
TESLA Support Structures Analysis! Buy!
Hello,Traders!
Tesla Car company is melting down right now
Which is a healthy correction from the absolute hight
There are two key horizontal support areas on the chart
That I identified, from which you can be adding the stock to your portfolio
Buy!
Like, comment and subscribe to boost your trading!
See other ideas below too!
TECHNICAL - GAP FILL - Tesla - The Beast Will Rise AgainTesla has entered my buy zone from my previous short on Feb. 9.
I like to take the trades that no one else will take... That is the life of a contrarian investor.
FA:
- Jerome Powell speaks today at 10am... Market overreaction to speculations of liquidity crisis, bond yield curve, interest rates, etc.
- Tesla is still one of the most important companies
TA:
- Perfect Bullish Bat
- Oversold on Bollinger
- Strong support level here from previous resistance
- 0.618 Fib level would be better, but I think that's too greedy
- Speculating that daily candle will be reversal candle
STRATEGY:
- Entry: 676
- Entry 2: 575
- TP1: 788
- TP2: 1035
- SL: 521
- RRR: 2.35
- Wave 3 PT: 1400
The Bubble is just beginning my friends, "The Big Short" is not so easy of a trade...
TSLA recovers!TSLA on the opening hours made a huge drop of 10 per cent down but then it recovered back from its 600 low all the way back to 700 after hours today! This is an amazing buying opportunity as it showed in times of turmoil, stocks recover back. This resembles the SPX drop of 30 per cent while not as big in magnitude, it had the same huge drop then a V-shaped recovery back to normal and this may show we are heading to all-time highs! Warning! I am not a financial adviser and take this with a grain of salt. Happy trading!
TSLA bullish two targets $840 and $1000After some days of consolidation TSLA seems to be located at its bottom
Two targets ahead within the range of $840, and $1000
Good luck
TESLA (3000$ - 270%)Hi guys,
do you trust the power of trend lines?
or am I just crazy to trust logarithmic chart?
