Tslashort
Trade Update: 75% of position should be covered#tsla
Real-Time Algorithmic Trading Signals. Stay curious
Live Intraday Trading - The downtrend continues !!A breakdown in TSLA is just a trade that every trader desires . There's no need to see the result when you are in right direction in TSLA trade .
Tesla.Inc Short PositionIt's a Short Position,The Market will continue with the same type of movement for a while.
Live Intraday Trading - Shorting each time the stock rises !!It seems like there is lot of pressure on the higher side . With market falling I just got a perfect entry for shorting .
TSLA Short biasRejected at BLUE upper trend line on Oct. 1st.
Holding 20DMA for now.
No strong breakout to either side from wedge pattern.
If we break through the 200DMA/Upper RED trend line -> look out for support by the lower RED trend line.
Beyond the chart:
Valuation still extended, fewer cars delivered in Europe QoQ, competition gained market share, earnings this year look like they will be a one hit wonder made possible by the sale of credits, still no S&P inclusion,...
stonk must fall so they can RISEI'm so on, original ideas only up in here. I go around making art call me Picasso of TV, i was weary of a market crash before now I think it will happen
Tesla correctionBuy Tesla around 260USD If the corrections continues. Its a strong support level with the support of 200 EMA
TESLA - UP COMING MOVE - SHORTTSLA - It's trading in a negative territory and the approach should be a short sell here at current price 392
Potential downside target 374 - 358
Maintain Stop loss around - 398
Traders, if you like this idea hit the like button and for any doubts write in the comment section
Thanks !!
TSLA under pressure from rise of EV! Coiling for a break. UorD? The EV space is growing really fast! With TSLA at the helm so far it's seniority is not being questioned as the stock price stays very much afloat.
Tesla so far is the leader and holds true to its product on the streets and continued delivery of cars.
However, there are some car makers in the industry that are making a push like Chinas NIO. TSLA has been feeling the pressure from the incoming new "EV" space like SPI. We will have to see a physical product for those companies and the ones to come to be a real threat. Otherwise, it's just like the DotCom boom. Throw EV in your company and the stock price rises 1000%.
Due to that TSLA has been coiling. We saw a recent lower higher that suggests some of these bears are coming into this market for a slight push lower. We are coming into that same area and if we print yet another lower high we are going to see some downside pressure come into this market. The key support is at $335-340 should that support break we are going to see $280 on TSLA fairly quickly. Some of the downsides could be attributed to the recent market and economic downside as well.
To the upside for the TSLA bulls and the optimistic traders, we are also seeing higher lows. The volume is a little weaker on the upside but the bull side can easily break a new high and TSLA could be headed for the $500 level yet again. It's just a matter of buy pressure.
The downside target would be the 100-day moving average which could be around $300 should the price consolidate. Under that level should the market spill TSLA's volatility will cause the stock to plunge.
TSLA - SHORTLooking at TSLA on Weekly we can see that TSLA completed it's impulse wave up which started the beginning of dec,19. I think we are in a correction ABC pattern which should touch .618 fib extension or possibly go down even further to .786. RSI has been overbought since June and it is about time for this bad boy to take a breather. MACD is also ticking downward and reversing direction. In a healthy bull run scenario I can see TSLA bouncing off the 55 MA or at least holding it as a support for a while. This is if we think that the market will keep on going up. There are a lot of factors in play which will affect the market sentiment. One of the biggest being the presidential election in a little over a month. This will impact the general direction of the market as whole. I think a good buy zone will be $150-200 range. Any thoughts and feedback are always welcome! Good luck trading!
Tesla in October 2020 I've highlighted or marked the double-top pattern that IS NOT YET CONFIRMED.
This week we got the news of Battery Day and the hype has died down.
Both rejections on the Weekly chart show more Bear Volume than Bull.
MACD hasn't flipped bearish since March.
RSI is still over-heated.
The U.S election is 40 days away and there has always been a market dump around this time.
These are all prime factors to consider for what Tesla's price action will look like in the next month or so.
Being short or cash is the best move at the moment with all of this uncertainty.
Pure Technical Analysis LONG on TSLAPrice will find support at Fibonacci Level 0.382 Price at 360.98 & will turn into a bullish momentum.
Not all TSLA bears are deadLets just ignore the charts and use common sense for once. TSLA is a screaming short!
BATTERY DAY IS HERE | Watch These Levels $tslaAttention is on Tesla as we engage with "Battery Day", are the bulls here to stay? live @ 4:30 pm EST
~ Are you bullish or bearish?
The stock currently sits above what has proven to be strong support @ $410
Watching the orange trend line(s) as support , it holds strong on the weekly timeframe . Looking to bounce off this.
Possible long on hold above @ $420
Upside targets: $453, $542, parabolic?
Possible Short Entry: $405
Caution needed in this stock as we have extreme uncertainty, you will get clapped if you're on the wrong side of this.
Small Play (educational):
TSLA $535 Call 9/25 @ $340
DotcomJack | Bruce Lee of Tradingview
Tesla bulls and bears will battle on battery day.Tesla, where anything goes and volatility is crazy.
Battery day will be an interesting battle ground.
A key bounce of the 50 day moving average has kept hope alive for tesla bulls.
The massive sell off could spark a snowball sell off into the a.m., on the other hand the sell off landed at a key support level.
This keeps it in a bullish overall trend, but it is at a critical level where a move to a certain direction could set the tone for the rest of the month possibly into November.
Bears have had some fun recently, but theres no reason to believe investors give up on tesla after hearing some big news. The end of day sell off could be perfect for the bull case that this runs, because the selloff due to Elons tweet could have baked the underwhelming news into the price at close, as it rebounded slightly after hours.
Battery day will be a test on its own.
1 metric used in this chart is the RSI stretch. If you look, you can see patterns and dates noted where the Rsi runs " hot" for multiple days.
$TSLA Short wave 3 From a broad perspective, $TSLA has just completed its corrective abc pattern wave 2 from it's initial wave 1 impulse drop. At the end of the trading day Friday 9/18 the market is looking like a sell-off. If Tesla follows suit with a gap down on Monday, we could be in the Cycle wave three and expect another impulse wave down below the initial wave 1. I am targeting below $325 for wave 3. This will happen fast. My theory would be invalidated if we break above $460.
This wave 2 that just ended looked like a major rally so expect something similar, though more flat for Wave 4. Ultimate wave 5 target could reach sub $200 or $195. Good Luck.
TSLA - Long now to $432, then Short to $273 after Battery DayI'm waiting for a good entry $430 or $460 to Short TSLA after Battery Day Sep 22, 2020.
I believe TSLA will rise on Monday and Tuesday (Sep 14 and Sep 15).
It will easily break through the weak resistance zone $400 - $415 and continue sideways up to $432.
Most likely, TSLA will hit resistance at $460 (That new top is still lower than ATH price) before entering a strong bearish trend on the Daily and Weekly frame.
Disclaimer.
TSLA - Big Banks selling Tesla into Battery Day - Down Big FRIExpect TSLA to have a near carbon copy of what happened today before regaining some of it's strength just before we head into the weekend (assuming the NASDAQ is stable).
I'm worried this morning's premarket action was just a preview of things to come. Stocks bounced at the open before showing increasing weakness throughout the day repeatedly challenging some key levels.
To make matters worse, TSLA formed almost a perfect bearish pennant during today's trading session. The TICK action on the stock today was filled with big moves down and slow rebounds - typically indicating that the big players are starting to move against the stock while retail investors are left holding the bag.
Tesla is a strong stock, and one I like to be on the bull side of under most circumstances, but the weakness it showed today - especially in the afternoon - leads me to believe a lower open is all but certain Friday morning. This will likely get a small bump as PUT positions clear, leading to a short lived rally similar to what we saw today. I expect Tesla to open in the $400-414 range, moving quickly back to $420, and then ultimately grinding down until the final hour of trading. Going into the weekend, I think TSLA will rebound from a LOTD in the $383-389 range and recover to low $400s. That momentum will likely include a gap up into Monday's trading session and the lead up to battery day; however, the shareholder meeting is scheduled the same day as battery day. I expect we're going to get some very NEGATIVE news likely related to COVID, the factory shutdowns, and increasing competition. The cybertruck looks like it could be in serious trouble with Ford debuting its all electric F-150 in 2022 - within 6 months of the tsla cybertruck launch (and it has the benefit of not looking like a Total Recall inspired sardine can).
The Play: Short TSLA - if the NASDAQ is broadly down, short at open. If the NASDAQ is up or sideways premarket, wait for the bounce to $420, then short. Drop the shorts < $390 and don't hold the shorts over the weekend.
