Tslalong
TSLA further increase.TSLA further increase. The analysis shows that the price movement of TSLA builds an accumulation area. Its width is 760-889usd. The accumulation area is symmetric to the wave axis of the wave sequence of price movement. I look forward to continuing up from this area, with a rising wave sequence with a target price of 1196usd
Still bullish on Tesla (TSLA) to 1000.00I have been bullish on Tesla (TSLA) Stock since summer 2020. I have predicted many moves for Tesla (TSLA) before the inclusion of S&P. My bias is a continuation of bullish momentum, right now we are at a consolidation level which we could continue to break out to the upside or a possible retracement to the 800.00 level which lines up with a 50% retracement Fibonacci level, physiological level, and QP. Let’s see if we can get to 1000.00
TESLA LONG position entry levels TSLATSLA stocks experienced a huge BULLish run. But be aware because we have a GAP at Tesla chart that should be closed. This could cause good possibilities for BUYERS. I still hope for a bigger correction.
Here you have entry levels to jump in:
$814
$780
$653
If TSLA stock breaks $900, then buy with pullback with $1000 target. Volumes are still solid.
TSLA -- looking for pullbackIt's Tesla so it's always crazy, but I always just look for putting as much odds in my favor as I can.
One count I have shows potential pretty good resistance around $850 - 855 area. Premium is always high with Tesla so I'll be looking for potential call credit spreads on this one.
After hours it edged up higher, and, if tomorrow it holds and pushes up, I'll watch to see if we tag 850 and watch price action as I'll look to sell premium on this one in a bearish play.
Couple zones below, notably the $750 area, to watch as well. If price does pull back, signifying a potential wave iii is put in around 855, the 750 area aligns well with a standard wave iv pullback right within a demand buying zone.
My game plan: if price opens up, will watch for it to push to 850 area. Once there, I'll look to enter a call credit spread to sell some premium. If price does reject around 850, I'll look for it to go test back down around 800 and 750. But, it's Tesla, hence why I'm not saying just outright short it. Doing a credit spread gives you an edge due to premium in Tesla's options. As always, know your risk level and know when to take a stop loss. For me, after a potential pull back which I will play, will not surprise me at all for Tesla to reach $1,000...
TSLA stock target price before 20 Jan 2021 : 1080$ ~ 1256$.It's possible that TSLA drop down at magic numbers like 888$ or 999$.
That's easy TSLA rally to 900$ on 12 Jan 2021.
It's a good idea that buy some really cheap options to hedge TSLA meltdown, ex. TSLA put Jun 21 at strike 270$ ~ 495$.
Short some TSLA CFD with little stop-loss order when TSLA diving.
The market could reach a incredible high level before 20 Jan 2021.
be careful when TSLA higher than 1080$.
Double-Tops pattern
fuzzy range 12xx$~13xx$
270$ is a potential bottom price.
However, everything is
possible. The most optimistic scenarios
for TSLA is 2295$ at end of the year 2021.
stock analysis by Jiucai334
US Stock In Play: $TSLA (Tesla Inc)$TSLA was the top trending ticker symbol over at Twitter ($TWTR) in the last 12 hours, after closing with a +7.94% rally intraday. This is a new all time high attained by $TSLA at $816.04, post split. The breakout have also fully negate the Bearish Wedge chart pattern highlighted in the previous week, with $TSLA breaking above the upper boundary of the chart formation in less than 5 trading session.
Current price volatility is observed to be at a significant range of $35/day ATR-14 (an approximate 4.35%/day). A continuous follow through of momentum tonight (bullish) with pre-market trading beyond $817, is likely to see TSLA trade beyond its limit range of 4.5% to close the week at $860.
TSLA - short scalp opportunityTesla usually sees late day profit taking and stop loss scalping. Usually occurs mid-late afternoon, and if sentiment is overwhelmingly positive, the MM's will typically do a late day spring that will rocket the stock into tomorrow. This trade idea is a short term scalp.
The $830 put option exp 1/8 has a time value of only $3-4/ea. Retracement to the high $790s would yield a $8-12/contract return.
TSLA continues upwards relentlessly. Short-term 12% rise coming.There is no doubt about the value of Tesla as a company. The proven value they provide is obvious: reducing EV manufacturing cost, making the best energy storage, launching self-driving, Tesla insurance, and more to come. However, regardless of fundamentals, this is a technical analysis that only considers the chart. That is generally my style. Today's green candle might not be huge, but it is a very strong signal of the bullish momentum to come. Yes, there is still bullish momentum in TSLA. This ascending triangle is getting broken to the upside. Taking the height of the triangle draws a target at $770, a 12% rise . Further is a higher target at $873 which I've set some time ago based on bigger scale trend analysis and Fibonacci which I might show later. The stop loss is at two points, depending on how reckless/conservative you are. The higher one is below the last swing low at $650. I don't see this one as a very convincing stop loss because price didn't linger there long enough to establish support. The lower stop loss is the support at $605 . This makes a 1:1 Risk-Reward trade; not very lucrative. However, it is a reason to hold on to your current longs. I see this as a strong signal of upward momentum and another reason to suggest $873 is achievable soon.
Oh. You might wonder why my triangle is crooked. An ascending triangle is supposed to have its upper line horizontal. Well, that's simply my experience observing Tesla. Call it an inflation-adjusted triangle, or whatever reason is accelerating TSLA's upward moves and decelrating its corrections, but in any case, it is easily justifiable to look at TSLA chart skewed upwards.
US Stock In Play: $TSLA (Tesla Inc)$TSLA has recaptured its all time high (traded on 18th December 2020) at the close of this morning session at $696.60, an intraday gain of +4.32% This totals up a +56.02% rally since the breakout of its Symmetrical Triangle chart pattern. Price volatility of $TSLA has been picking since early December as Wall Street braced for the inception of $TSLA into S&P500 on 18th December, with the necessary funds (i.e Physical ETFs) adjustments to match the benchmark’s shakeup.
As current price volatility remains significant at a range of $34/day ATR-14, $TSLA has treaded into a month long consolidated Bearish Wedge chart pattern. The negation of this Bearish Wedge would require $TSLA to attain $720 level within the next 10 trading session.
TSLA - Bears Taking ChargeI've always been skittish about shorting TSLA for obvious reasons, but the bears may be gaining momentum that's hard to ignore. With Wells Fargo analysts making a dire prediction that TSLA is the next AOL, and the uptrend breakdown over the last few days - I think we'll see some more sideways or downward price action on TSLA in the next day or so - short of any major actions regarding the stimulus. North of $674 however, this trade idea flops. Price target $640
TSLA boom or bust for 12/21?Tesla and SP500 is now last friday's news. I think we see a spike in pre-market and then market open on Monday i think all the short term buyers will sell off. TSLA will do its accordion thing bouncing between 500 and 700 and end up somewhere in the middle 600? anyways with all the buying thats completed worried about calls having IV crush and sold friday while holding shares to see what happens in the morning. dip buy for sure. good luck!
A drop to 585 before continuing the epic bull run is likely. Look for a drop down to 585 before a major sport level is reached,
The support level including the S&P 500 index influx will be strong catalysts to push TSLA to $700 + by 12/23.
Im looking for a slight dip in the early part of the week only to give way to a massive push heading into Friday and will continue the following week as funds pour money into Tesla.