2X $TSLA 1WK ANALYSIS! (Below $200???)TSLA is forming a possible head and shoulders! This is looking scary for tesla shareholders ideal price for long term entry would be 130 area or if it goes even lower that's even better!
Tslashort
TESLA - $TSLA - Head & Shoulder - Distribution almost OVER!!!!!When great trees fall, rocks on distant hills shudder, lions hunker down in tall grasses, and even elephants lumber after safety.
Soon Tesla will move from the head & shoulder -- down to its KNEES and that is when we will execute our entry for a long hold.
Sorry Elon, your Ponzi gig is up, you can't produce because you don't have materials and the ones that exist are over priced just like your vehicles.
Your stuck boo, your in a corner, stalemate, king cannot MOVE!
I presented this head & shoulder pattern on $TSLA back in July, before the Right Shoulder was complete and now we are on to the final stages.
I see a bounce occurring before heading lower.
On Monday - US holiday - we should expect lower volume and usually that means a sell off.
This view is on a weekly timeframe. I believe Tesla will wick below the neckline as it has in the past and then squeeze up and fill the GAP to $262.47 (1st target).
If the S&P500 shows strength mid October, prior to OPEX options expiry date, Tesla may keep trekking up the the second target which is in the $290 range before breaking the neckline.
Head and shoulder criteria:
1. Buying volume is diminishing and showed most strength on the left shoulder.
2. The head is much higher then the left shoulder.
3. The neckline fits the description of a proper head and shoulder pattern.
GOOODLUCK TRADERS!
HOOD double top 22 % drop possibleHOOD price is forming a double top pattern.
How to trade:
- enter short only if / when the price breaks below the neckline
- Volume surge on the breakout point will be a confirmation for a real breakout
- stop loss and target shown in the chart
Fundamentals:
- Macro remains bearish overall.
- DXY still strong.
- More downside expected in the stock and crypto markets
Good luck
TSLA to 235.00? We are in uncharted territory with Tesla printing new lower lows. The Twitter acquisition in the making we could potentially see a lot more volatility tomorrow and Friday. We have been in a bearish sentiment and trading within this channel as of 10/3. I am anticipating more bearish action with my first TP at 235.00 if the 240.00 zone is broken if we break structure to the upside I will adjust to whatever the market shows.
Tesla range for scalping If tesla reaches 232 that fib livil for daily over over sold
It can reach 273 easily and if it hold it can reach 298 as weekly fib livil
I think this is reasonable since btc correlated with stocks as a high risk assets
Btc can go to 23k
Tsla will blow up
But then milt down harder than we think
Any way i am bearish in both ( short term)
GOOD LUCK
TSLA daily bearish hammer at local highTSLA daily bearish hammer at local high pivot, stop loss above previous highs, take profit at retest of the double bottom bottle neck.
TSLA Double Top in Progress Hello,
Tesla forming double Top (not yet confirmed) but I think from waves analysis it may go lower to $220, then I will search for long to 320,
DYOR, Not financial advice,
TSLA INCOMING BLOODBATH $$$As I said in my prior analysis, breaking this main support will be quite negative for TSLA, but this week we ended up finishing just below the key support that had been holding TSLA for so long, but now that we have broken it. Expect a bearish October in which we will test the next levels of support shown on the chart.
TESLA Triple TopRough chart for TSLA.
Triple Top formed.
Looking for a price drop to the 208 support zone in the near term.
Good luck! This is not financial advice.
Tesla down next to 255I said yesterday that tesla will visit 270-260 area
well next in 4 hour stochastic it still in down wave /trend approved by weekly
we still looking bearish and 200 still possible and easy target
Good luck
TSLA BULLISH AND BEARISH CASE SCENARIO $$$I've highlighted the critical support and resistance levels, where we see more volatility and volume. If we are able to break through that resistance, we will see bullish price action, and if we retest and see a pullback, we will see bearish price action. In both cases, you can use the support and resistance to your advantage.
Tsla will go down In couple of hour we will head to 270-260 area
With papa Powell talk today we will see sort of sell
Tsla in 4 hour is over bought and we may retrace lower in 3-5 oct
GOOD LUCK AND DONT FOMO
Milt down tomorrowTsla is over sold within 4 hour it will drop hard and since it minimum will broke the support we are going to 260 area
Good luck and dont hype we need 200$
Elon short because he said not to?What you see here is TSLA in somewhat of a range after repeatedly failing to create a higher high on larger timeframes. Look out for the retest of 280/281 for another small drop with potential of a larger drop. Although I am confident in the short term drop of tesla I do not believe that a bull run starting between 260 and 266 is impossible due to the volume of buyers previously interested at those levels, only time will tell.
TSLA SWING TRADEMy original setup has followed through so now we will take advantage of some small upside to come after the beatdown the past couple days... The 886 fib levels have been hit IEW the last local high to the swing low. Going to price action go green for a bit, so this may be a opportunity to get in on a bounce to some upside. No edge on oscillators, but it seems very practical to get market mercy. We are defiantly not bullish long term, as i expect to hit the 189-200 levels in the future. Thanks tradaaaas
Tsla down continuationJust 2 days ago I publish about tesla to reach 255$ first target and yes we are exaclty in the middle of the way
TSLA Time To sellafter the rejection of the price several times at the level of a supply zone with a divergence of the Rsi we will see a drop in the price
TSLA Looking Ugly (Setup Update)And here we go… posted this yesterday and we are now getting follow through price action to the down side. Bearish Divergence is now in the works, as price action will drive down to the projected areas… OUCH for the market, Horray for the trade setup…. Buckle up.
As i prefect exactly Tsla in daily going hard now watch how aggressive breaking all supports and going to 255$ first target for daily move
TSLA SHORTTSLA showing bearish divergence on MACD, RSI. Looking at a breakdown when market opens. Bearish pennate will force breakdown to its local low levels
Tsla going down I announce in the morning we are IN OVER BOUGHT AREA , so yes it dump now and the road is dumpy. Over bought in 4 hours , day , week
Remember 200-160$ to buy as much
TSLA CAN MAKE A BIG CORRECTIONAccording to the available data, it seems that a diametric is currently forming, which is finally wave C.
Sell-off Exhausted | TeslaUS markets (S&P 500 Index +0.3%) ended Wednesday in the green after a choppy session, perhaps exhausting the extreme sell-off sentiment from the previous day. The unexpected result from the US inflation report released on Tuesday had prompted speculation that stocks could start to head back to their June lows in reaction to a more aggressive Federal Reserve.
Tesla (+3.4%) was one of NASDAQ’s best performers on Wednesday.
TSLA’s rise places it back above $300 per share, a territory the stock fell below after Tuesday’s broad-market rout.
Helping TSLA fend off broad investor pessimism is the company’s improving supply chains.
On Monday, Tesla’s vice president of investor relations Martin Viecha spoke at the invite-only Goldman Sachs tech conference. Viecha noted that the company’s battery supply chains are the best they have ever been, and Tesla can now buy all the cells it needs, for both its vehicles and energy-storage products.
