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Tslalong

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.
NASDAQ:TSLALong
by TechNerdOmar
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...
NASDAQ:TSLALong
by UnknownUnicorn1043646
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!
NASDAQ:TSLALong
by informalStar16695
TSLA's doing it again. Don't be fooled. 1:5 Risk-Reward Trade.I'm expecting a great 2021 for TSLA overall, regardless of what investors and traders decide. I've drawn a premature triangle representing the region between two levels which I believe are crucial support and likely resistance for the next month and a half. The resistance I based on multiple different Fibonacci extensions drawn out from multiple swings. The support is crucial, not because I believe firmly that it will not break. Rather, it is crucial for this moon move. If we are going to the moon in March, then this support should not break. That is my thesis. I've also drawn out some key levels from previous charts. Bear in mind that this triangle matures once we have hit and reversed off of its top and bottom sides at least three times in total. So until now, the trade is not confirmed. However, if you're already long TSLA from my previous posts, then the stop loss should remain as it was at $722.9. This makes the potential loss about 9%. The target is the height of the triangle, supposing the triangle will mature and then break to the upside. That's a target of $1270, a 49% potential profit. Of course the moon is much higher than $1270. That's why I call it an initial target. The achievable moon for the year 2021 is at $2400 as I imagine it. Either way, let's observe and I will keep updating this idea as exciting TSLA price action unfolds.
NASDAQ:TSLALong
by TechNerdOmar
Tesla has disclosed in a recent SEC filing that it bought BTCTesla has disclosed in a recent SEC filing that it has bought $1.5 billion worth of bitcoin. "In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity," reads the filing. "Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term." In addition to the bitcoin purchase, Tesla expects to begin accepting bitcoin as a form of payment for its products "in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt." Bitcoin's price has been soaring on the back of this news. It is currently trading around 12% up at about $43,500.
BITSTAMP:BTCUSDLong
by Trader_hao
1
My long-term scaling in for TSLA stockDisclamer: I am extremely bullish on tesla, I have been a shareholder of tesla since 800 dollars pre split and I am planning on adding more due to the Q4 conference call and all the bullish catalysts that will occur in the near future (2021). Considering that the stock is in a consolidation after a big push, I'll scale in at 840, 810 and 750. Short term I don't see the price going below 680 and I have a price target of 1150 for Tesla so I should get a 36% return for the 840 scale in in a year which I am happy for. Remember that Tesla is super volatile, it could hit 1000 this month and the 600 the month after. However I am confident that TSLA long-term will be a bargain at these price as it was when I scaled in the other time at 600-650 range.
NASDAQ:TSLALong
by Fed02