TSLA Filling the Gap!With the $5B Common Stock share sale complete for $TSLA, the downward pressure on Tesla has been completely alleviated. Tesla is about to make back most of the losses it experienced over the last week for a number of reasons:
1) $5B stock sale took merely 4 days to complete
2) Battery Day Expo is 12 days from now ( 8 sessions) and rumor has it Tesla will unveil it's new 1.24M mile battery system - some super cool tech.
3) ARK investment group just bought some huge positions in Tesla yesterday
4) HUGE SHORT SQUEEZE COMING - there are more than 51k+ NAKED put options = 510,000 shares that will either be margin called at open or as the bulk of these naked options are called away as lowers in the $290-325 strike price execute (which currently have 25k exposed options)
Tslashort
TSLA bout to close that GAP to $400 after hoursLoad up on TSLA. There's no sure thing in the market, but this one is about as close as you can get.
Bounced off key support uptrend at $330.
TSLA had to sell $5B in common shares to increase percent of public float shares available. Why? They didn't need the capital. Simple - it's required to be included in the S&P 500. The S&P 500 requires that 50% of a company's shares be held by the public rather than private equity/owners/directors/etc.
TSLA completed that sale in less than 4 days, but it also greatly exaggerated the 20% drop we saw yesterday, and the 35% drop we've seen this week.
With the sale complete - expect $TSLA to continue it's climb faster than ever before.
Tesla's battery expo is expected to shake up the EV industry with some incredible tech. It's a given it'll have something to do with battery capacity, but just how much battery capacity may be the most important tech invention since the internet (yes, really). There's rumors Tesla plans to unveil the million mile battery. Beta's have already confirmed the battery good up to 1.24M miles.
2 people move the markets by their tweets. Trump and Elon. Even though the cybertruck launch was pretty much a disaster - the stock still went up like crazy the next few days. ANY expo with Elon talking about new tech is going to hit the afterburners for Tesla stock
TESLA IS LOSING VALUE CAUSE OF PORSCHE?After a strong bull behavior in the first half of 2020, now is starting to get bear as we can see the MACD indicator changing the price with a non-stable William’s Alligator index due to the necessity of a readjustment in the price. As Tesla has become the most valuable automotive Industry, recently Porsche have announced that they will make only Electrical Cars, making the German house a very strong competitor in the Europe field mainly, due to that the price as the exclusivity have fall. Not a financial advice.
Entry zone: 369.15
Stop lose: 388.67
Target zone: 330.74
BTFD TSLA??In response to "BTFD TSLA" threads this morning I think folks should tread lightly on NASDAQ:TSLA ... it had a really, really good hyperbolic run up.
When TSLA has made "dips" in its history they have ranged from no less than -36% to -62%...
It has only now pulled back -17%. That is barely a dip by TSLA standards...
$TSLA Long term correction to $50 By 2023 and raises to $2000 $TSLA stock life cycle been reached it's tip now it has to correct which will disappoint Permabulls and in long term it's gonna correct to $50 by 2023 or earlier.
And it'll create a new life cycle from $50 due to it's powerful & futuristic tech and stepping into new industries, it's gonna raise to $2000 by 2030.
TSLA Five-For-One Stock Split (GET READY)Tesla on Tuesday announced a five-for-one stock split effective August 31. At the close of trading on August 28, shareholders will receive five shares for every one they own
Tesla , Inc. (“Tesla”) announced today that the Board of Directors has approved and declared a five-for-one split of Tesla’s common stock in the form of a stock dividend to make stock ownership more accessible to employees and investors. Each stockholder of record on August 21, 2020 will receive a dividend of four additional shares of common stock for each then-held share, to be distributed after close of trading on August 28, 2020. Trading will begin on a stock split-adjusted basis on August 31, 2020.
Forward-Looking Statements
Certain statements, including, without limitation, statements regarding the expected timing and impact of the stock dividend are “forward-looking statements” that are subject to risks and uncertainties. These forward-looking statements are based on management’s current expectations. Various important factors could cause actual results to differ materially, including the risks identified in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended June 30, 2020. Tesla disclaims any obligation to update this information.
How will the Apple and Tesla stock splits affect open orders?
Open stock orders of 100 shares or greater
Open buy orders of 100 shares or greater will be adjusted on the morning of the ex-date, August 31, 2020. For example, A stock order of 100 shares of Tesla ( TSLA ) before the ex-date will be adjusted to 500 shares of TSLA on the morning of August 31.
In the case of limit orders to buy, stop orders to sell, and stop limit orders to sell, any order entered prior to market close on August 28, 2020 will be adjusted for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be adjusted, but will now be significantly away from the market price.
The price will also be adjusted in conjunction with the split terms unless entered as a Do Not Increase order.
Open stock orders of 99 shares or fewer
Limit orders to buy, stop orders to sell, and stop limit orders to sell that are entered prior to market close on August 28, 2020 will be canceled for ex-date after the market closes on August 28, 2020.
Limit orders to sell, stop orders to buy, and stop limit orders to buy will not be canceled.
Please note: Stock orders entered after market close on August 28, 2020 will not be adjusted or canceled. Some stock orders may be rejected for aggressive pricing or invalid stop price on ex-date August 31, 2020, before the market opens.
Live Trading video - Shorting TSLA after rejecting from high's!!Thank GOD !!!
Things you can learn from this live trading video :
1.How to control your emotion.
2.Stick to your plan.
3.Trust your strategy
4.Look when I shorted the stock
5.Look when I added to shorts with low quantity
6.Look how I covered my profit's i.e, partials
7.How I shift my stop losses while trading
8.How I set my profit target
9.I have tried showing all this thing with graphical representation
TESLA ready for a correctionBecause my last post has been deleted, one more time here:
Tesla should be ready for a correction,
1. TD Sequential shows signs of a correction.
2. RSI has a divergence.
3. Doji candle and the subsequent candle closed below doji
The overall longterm trend looks quite bullish on other timeframes, therefore it should be a correction in the next days and not a trend reversal.
Happy Trading!
Análisis Técnico de TSLATSLA moved Vertical, on Rumors of entering sp500, what I think will not happen for now.
Pensamos que esta ultima suba vertical fue una Onda 5, y que debería corregir hasta la zona de la MM de 50 Ruedas.
Entrada: Under 2000
Stop: 2158
Target: 1736 & 1536
Play can be made with Options to limit risk.
This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
$TSLA SELL OFF PROFIT TAKING TODAY - BEARS FINALLY WIN BIG$TSLA likely to see big sell off today given widespread market pressure and stock floundering for last 2 days after 5 day 40% Up Run. All signs point to bears running down after open. If you're long - protect your position or load up on puts. Over the short term - I'm 100% short until we get to consolidation at $1765 level.
$TSLA Tesla Major Correction IncomingI won't pretend that Tesla's valuation as anything to do with reality, but signs are pointing to a significant pullback in the short term to the $1765 area.
Volume has increasingly fallen off each time it has tested the $1910-15 area. Expect $TSLA to test this level one more time. If it fails, it'll like fall through the support line unless the rest of the market is propping it up in a big way. North of $1915, and I would take the loss; however, I fully expect people will be taking some big profits after the 40% run up in the last few days - falling back to solidify it's base would represent a 23.4% retracement level from $1915. A double top will likely form on Tesla today, and we should see a very profitable pullback in the next day.
If the stock trends down the remainder of the day, expect that to accelerate into tomorrow w/ a big gap down likely.
No investment on TSLA until breaking the trading rangeThere is no doubt that for the moment an investment will be very risky, what you need to do is to wait for the breaking of the rectangle (trading range), and once it pullbacks, buy or sell at where the arrows point to. There is a high probability that it's right.
Now don't forget that the trading range may last for long, the lines I drew are here to show you what to do when it breaks.