Tesla Hitting Bottom It Is Very Big Oppurtinitybottom of the trend is buy time. i drawed what i am expected for future.
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.
$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?
TSLA DAILY DOUBLE BOTTOM$TSLA formed a double bottom on the daily chart
It's not a perfect double bottom of course. We will be seeing pullbacks at previous resistance levels (red horizontal lines) after we break above them.
If you agree/disagree with my ideas please comment below as to why.
Thank you!
TSLA update.TSLA update. keeps your analysis accurate. Therefore, I move from the lower level of the accumulation range to the long position. The target price remains unchanged at 1196.16usd
tesla ideaIdea for tesla
Currently in a strong upward movement
a buy is recommended on the weekly timeframe
We love u elon
Tesla Daily Bullish FlagHey everyone! Tesla stock has a bullish flag pattern on the daily! Right now it is at the bottom of the flag at around $800. Price should eventually break to the upside at the top of the pattern. As long as this pattern goes through this should be an easy play! If it breaks through the bottom for some reason after too much consolidation we may see it go down to hit the 50SMA. Just my thoughts, hope you enjoy the breakdown!
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.
TPIIlooking for my fav fib Extension 1.618. Typically 786 gets tested B4 the 1.618 so if this go steady as she goes here .32c will be max profits taking for me. Then I look to either buy the dip or just move on and buy something else. Wash rinse repeat.
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.
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.
TSLA great Buy opportunityUsing the patterns that worked in the past TSLA is going high up again soon.
$TSLA - now is the perfect time for a low-risk/high-reward entryIf you 're not already in a TSLA position and have been waiting to enter, it is now in a perfect setup for a low-risk/high-reward entry. #TSLA has retraced after its binary event (earnings), as it typically does. Novice traders still think they can buy a stock on a known event and make easy money doing so. What they don't know is that most dip-buyers are looking to sell into these rallies.
TSLA has now retraced to the .786 Fib level, the 10 weekly EMA, is showing hidden bullish divergence, oversold Stoch RSI, and has formed a bullish pennant. What makes this low risk is the fact that your stop limit can be close to your entry, since it's practically sitting at the 10 weekly EMA.
Entry - $410 - $420
TP - $500
SL - $380
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