TSLA 4H NEAR FUTURE PREDICTIONTechnical Analysis Summary
TSLA/USD
TREND ANALYSIS
We have 1 down trend which is currently active in red
We have1 down trend in red that has already been broken and thus the reversal
FUTURE PREDICTIONS
We have many resistanse and support levels that I have mentioned above.
I use thickness as an indicator of stregth of levels (ONLY FOR VISUALS).
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Tslasignal
TSLA matters a lot to the overall market Using Aspen Trading Support & Resistance Levels, a move below 978 is going to break the support and things can get ugly really quickly from that point for TSLA.
The overall market can also get impacted if the 1.2 trillion market cap of TSLA shrinks in size.
Please provide your feedback in comments if you like the analysis.
Note - Aspen Trading S/R levels are invite only. They can be accessed through my profile information.
Disclaimer: This analysis is for information purpose only and does not constitute any investment advice.
TESLA breaking resistance lines and moving upHello everyone, as we all know the market action discounts everything :)
_________________________________Make sure to Like and Follow if you like the idea_________________________________
TSLA has been doing great for the last couple of days the stock price jumped from 718.33 and reached 799.38 today. That is an 11% increase in 6 days.
The long and short term trends are both positive. and looking at the yearly performance, TSLA did better than 87% of all other stocks. We also observe that the gains produced by TSLA over the past year are nicely spread over this period.
Possible Scenarios for the market :
Scenario 1 :
The market is trading near 791.36 and nearing the resistance line located at 794.82 if this momentum continues then we will see a breakout from that level that will push the market up where the first stop will be at the 814.84 resistance where the Bears might step in an attempt to drop the price back to the 794.82 level. In case the Bulls were able to keep control over the trend we could be seeing the stock reaching the 849.43 level soon.
Scenario 2 :
When the market reaches the first resistance at 794.82 a battle will happen between the Bears and the Bulls to gain control over the market, In case the Bears were able to strip control from the Bulls then we will see a drop in price that will reach the first support level located at 754.36.
The bulls will step in at that level to take control again and keep the uptrend going which will lead to an increase in the stock value that will reach 794.82 again and from there breaking out and reaching the 814.84 level
Technical Indicators show :
1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign)
2) The RSI is at 69.25 showing Great strength in the market and almost reaching the overbought zone.
3) The MACD is above the 0 line indicating that the market is in a Bullish state, With a positive crossover between the MACD line and the Signal line.
Daily Support & Resistance points :
support Resistance
1) 754.36 1) 784.60
2) 734.34 2) 794.82
3) 724.12 3) 814.84
Weekly Support & Resistance points :
support Resistance
1) 737.08 1) 793.26
2) 699.76 2) 812.12
3) 680.90 3) 849.43
Fundamental point of view :
TSLA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 172.10%, which is quite impressive and the Altman-Z score of 16.91. This indicates that TSLA is financially healthy and has little risk of bankruptcy at the moment.
TSLA's Return On Assets of 3.90% is amongst the best of the industry. TSLA does better than the industry average Return On Assets of 0.02%.
The shift to electric vehicles will force huge changes in the auto industry and require EU backing for 'reskilling' programs to help workers prepare for a zero-emission future, according to a report published on Tuesday.
The Platform for Electromobility, an industry group, said a report by the Boston Consulting Group showed by 2030 European auto industry employment will drop by less than 1% from 5.7 million people today amid the transition to electric vehicles. according to Reuters
This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice.
If you have any questions please ask and have a great day !!
Thank you for reading.
TSLA 3/day and weekly Trend ReversalOn the weekly for tesla, we are seeing a trend shift on the trend bricks and all 3 trend meters. This is a good confirmation for an entry on a short position.
We will have a 3-day close also in the red.
I would look for an entry on a weekly close confirmation.
Great long-term potential setup.
TSLA (TESLA) TECHNICAL ANALYSIS (1DAY)CHART SHOWS A FULL BREAKDOWN OF PRICE ACTION & SCENARIOS TO BE AWARE OF
Period End Date TTM 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Period Length 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
Total Revenue- 35,940.00 31,536.00 24,578.00
Cost of Revenue- 28,329.00 24,906.00 20,509.00
Gross Profit- 7,611.00 6,630.00 4,069.00
Selling, General and Administrative- 3,574.00 3,145.00 2,646.00
Research and Development- 1,833.00 1,491.00 1,343.00
Unusual Expense/Income- -101.00 0.00 149.00
Total Operating Expense- 33,635.00 29,542.00 24,647.00
Operating Income- 2,305.00 1,994.00 -69.00
Interest Income Net- -779.00 -832.00 -593.00
Other Income Net- 91.00 -8.00 -3.00
Net Income Before Taxes- 1,617.00 1,154.00 -665.00
Provision for Income Taxes- 359.00 292.00 110.00
Net Income- 1,112.00 690.00 -870.00
Income Avail. to Common Excl. Extraord.- 1,112.00 690.00 -870.00
Income Avail. to Common Incl. Extraord.- 1,112.00 690.00 -870.00
Diluted Average Shares- 1,107.00 1,083.00 887.00
Diluted EPS Excl. Extraord.- 0.99232 0.63712 -0.98083
Diluted EPS Incl. Extraord.- 0.99232 0.63712 -0.9808
Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
Baglino Andrew D SVP Powertrain and Energy Eng. Jun 07 Sale 587.83 903 530,814 18,997 Jun 08 08:13 PM
Taneja Vaibhav Chief Accounting Officer Jun 07 Sale 587.84 1,813 1,065,747 19,681 Jun 08 08:26 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Jun 05 Option Exercise 0.00 1,786 0 19,900 Jun 08 08:13 PM
Taneja Vaibhav Chief Accounting Officer Jun 05 Option Exercise 0.00 3,668 0 21,494 Jun 08 08:26 PM
Baglino Andrew D SVP Powertrain and Energy Eng. May 27 Option Exercise 41.57 1,000 41,570 19,614 Jun 01 07:08 PM
Baglino Andrew D SVP Powertrain and Energy Eng. May 27 Sale 620.17 1,500 930,255 18,114 Jun 01 07:08 PM
Kirkhorn Zachary Chief Financial Officer May 17 Sale 575.34 1,250 719,175 54,734 May 19 07:08 PM
Guillen Jerome M President, Heavy Trucking May 10 Option Exercise 55.32 10,000 553,200 60,598 May 12 07:19 PM
Guillen Jerome M President, Heavy Trucking May 10 Sale 644.06 10,000 6,440,627 50,598 May 12 07:19 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Apr 27 Option Exercise 41.57 1,000 41,570 20,114 Apr 29 08:20 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Apr 27 Sale 717.17 1,500 1,075,755 18,614 Apr 29 08:20 PM
DENHOLM ROBYN M Director Apr 26 Option Exercise 52.38 62,500 3,273,750 67,500 Apr 28 09:41 PM
DENHOLM ROBYN M Director Apr 26 Sale 740.97 62,500 46,310,388 5,000 Apr 28 09:41 PM
Kirkhorn Zachary Chief Financial Officer Apr 19 Sale 718.00 1,250 897,500 55,984 Apr 21 08:23 PM
Guillen Jerome M President, Heavy Trucking Apr 12 Option Exercise 55.32 10,000 553,200 60,598 Apr 14 07:13 PM
Guillen Jerome M President, Heavy Trucking Apr 12 Sale 697.87 10,000 6,978,659 50,598 Apr 14 07:13 PM
Taneja Vaibhav Chief Accounting Officer Apr 05 Option Exercise 54.67 4,090 223,586 22,279 Apr 07 08:04 PM
Taneja Vaibhav Chief Accounting Officer Apr 05 Sale 696.57 4,453 3,101,831 17,826 Apr 07 08:04 PM
Musk Kimbal Director Apr 01 Option Exercise 74.17 12,000 890,040 611,740 Apr 05 07:51 PM
Musk Kimbal Director Apr 01 Sale 675.85 12,000 8,110,149 599,740 Apr 05 07:51 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 29 Option Exercise 41.57 1,000 41,570 20,614 Mar 31 07:59 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 29 Sale 615.75 1,500 923,625 19,114 Mar 31 07:59 PM
Kirkhorn Zachary Chief Financial Officer Mar 17 Sale 655.81 1,250 819,762 57,234 Mar 19 07:20 PM
Guillen Jerome M President, Automative Mar 10 Option Exercise 55.32 10,000 553,200 60,598 Mar 11 07:32 PM
Guillen Jerome M President, Automative Mar 10 Sale 711.30 600 426,778 50,598 Mar 11 07:47 PM
Guillen Jerome M President, Automative Mar 10 Sale 681.20 8,900 6,062,696 51,198 Mar 11 07:32 PM
Taneja Vaibhav Chief Accounting Officer Mar 08 Sale 595.08 1,844 1,097,328 18,189 Mar 09 09:05 PM
Kirkhorn Zachary Chief Financial Officer Mar 08 Sale 595.08 2,818 1,676,935 58,484 Mar 09 07:33 PM
Guillen Jerome M President, Automotive Mar 08 Sale 595.08 609 362,404 50,598 Mar 09 08:30 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 08 Sale 595.08 897 533,787 19,614 Mar 09 08:36 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 05 Option Exercise 0.00 1,785 0 20,511 Mar 09 08:36 PM
Guillen Jerome M President, Automotive Mar 05 Option Exercise 0.00 1,211 0 51,207 Mar 09 08:30 PM
Kirkhorn Zachary Chief Financial Officer Mar 05 Option Exercise 0.00 6,295 0 61,302 Mar 09 07:33 PM
Taneja Vaibhav Chief Accounting Officer Mar 05 Option Exercise 0.00 3,667 0 20,033 Mar 09 09:05 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 01 Option Exercise 41.57 1,000 41,570 20,226 Mar 03 08:20 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 01 Sale 690.11 1,500 1,035,165 18,726 Mar 03 08:20 PM
Kirkhorn Zachary Chief Financial Officer Feb 17 Sale 778.17 1,250 972,712 55,007 Feb 19 08:28 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Feb 10 Option Exercise 51.64 4,000 206,560 23,226 Feb 12 09:10 PM
Guillen Jerome M President, Automotive Feb 10 Option Exercise 55.32 10,000 553,200 59,959 Feb 12 07:55 PM
Guillen Jerome M President, Automotive Feb 10 Sale 817.58 10,000 8,175,763 49,959 Feb 12 07:55 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Feb 10 Sale 807.88 4,000 3,231,540 19,226 Feb 12 09:10 PM
Musk Kimbal Director Feb 09 Sale 852.12 30,000 25,563,510 599,740 Feb 10 08:20 PM
Gracias Antonio J. Director Feb 09 Sale 846.59 150,747 127,621,080 2,545 Feb 10 07:53 PM
Gracias Antonio J. Director Feb 08 Option Exercise 58.15 150,747 8,765,754 153,292 Feb 10 07:53 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Jan 27 Option Exercise 41.57 1,000 41,570 20,726 Jan 28 09:15 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Jan 27 Sale 870.35 1,500 1,305,525 19,226 Jan 28 09:15 PM
Kirkhorn Zachary Chief Financial Officer Jan 19 Sale 837.74 1,250 1,047,175 56,257 Jan 21 08:43 PM
Guillen Jerome M President, Automative Jan 11 Option Exercise 55.32 10,000 553,200 59,959 Jan 14 06:14 PM
Guillen Jerome M President, Automative Jan 11 Sale 833.75 10,000 8,337,533 49,959 Jan 14 07:30 PM
Taneja Vaibhav Chief Accounting Officer Jan 06 Option Exercise 54.67 4,100 224,139 20,778 Jan 08 09:56 PM
Taneja Vaibhav Chief Accounting Officer Jan 06 Sale 762.99 4,463 3,405,242 16,315 Jan 08 09:56 PM
Wilson-Thompson Kathleen Director Dec 31 Option Exercise 44.95 13,885 624,131 15,685 Jan 05 08:49 PM
Wilson-Thompson Kathleen Director Dec 31 Sale 697.57 13,885 9,685,703 1,800 Jan 05 08:49 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Dec 28 Option Exercise 41.57 1,000 41,570 21,226 Dec 30 08:58 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Dec 28 Sale 674.68 1,500 1,012,020 19,726 Dec 30 08:58 PM
Kirkhorn Zachary Chief Financial Officer Dec 17 Sale 628.59 1,250 785,738 57,507 Dec 21 09:12 PM
Guillen Jerome M President, Automotive Dec 10 Option Exercise 55.32 10,000 553,200 59,959 Dec 14 08:05 PM
Guillen Jerome M President, Automotive Dec 10 Sale 613.48 10,000 6,134,794 49,959 Dec 14 08:05 PM
DENHOLM ROBYN M Director Dec 07 Option Exercise 51.99 43,610 2,267,284 48,610 Dec 09 09:36 PM
DENHOLM ROBYN M Director Dec 07 Sale 609.55 43,610 26,582,465 5,000 Dec 09 09:36 PM
Kirkhorn Zachary Chief Financial Officer Dec 05 Option Exercise 0.00 6,296 0 61,920 Dec 08 07:53 PM
Guillen Jerome M President, Automotive Dec 05 Option Exercise 0.00 1,211 0 50,568 Dec 08 09:40 PM
Taneja Vaibhav Chief Accounting Officer Dec 05 Option Exercise 0.00 3,667 0 18,521 Dec 08 08:30 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Dec 05 Option Exercise 0.00 1,786 0 21,123 Dec 08 08:57 PM
Wilson-Thompson Kathleen Director Nov 30 Option Exercise 44.95 12,500 561,875 14,300 Dec 02 08:51 PM
Gracias Antonio J. Director Nov 30 Buy 567.60 10 5,676 1,304,390 Apr 05 08:06 PM
Wilson-Thompson Kathleen Director Nov 30 Sale 592.99 12,500 7,412,426 1,800 Dec 02 08:51 PM
Kirkhorn Zachary Chief Financial Officer Nov 17 Sale 460.26 1,250 575,325 55,624 Nov 19 08:23 PM
DENHOLM ROBYN M Director Nov 16 Option Exercise 51.99 43,610 2,267,284 48,610 Nov 18 09:18 PM
DENHOLM ROBYN M Director Nov 16 Sale 408. 01 43,610 17,793,506 5,000 Nov 18 09:18 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Nov 10 Option Exercise 48.39 600 29,034 20,437 Nov 12 09:13 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Nov 10 Sale 420.00 1,100 462,000 19,337 Nov 12 09:13 PM
Wilson-Thompson Kathleen Director Oct 30 Option Exercise 44.95 12,500 561,875 14,300 Nov 03 08:56 PM
Wilson-Thompson Kathleen Director Oct 30 Sale 399.99 12,500 4,999,815 1,800 Nov 03 08:56 PM
Kirkhorn Zachary Chief Financial Officer Oct 27 Option Exercise 5.69 10,000 56,900 66,874 Oct 29 08:38 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Oct 27 Option Exercise 48.39 10,000 483,900 29,837 Oct 29 09:17 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Oct 27 Sale 424.60 10,000 4,245,980 19,837 Oct 29 09:17 PM
Kirkhorn Zachary Chief Financial Officer Oct 27 Sale 427.13 10,000 4,271,350 56,874 Oct 29 08:38 PM
Gracias Antonio J. Director Oct 27 Sale 424.41 155,000 65,784,227 2,545 Oct 28 08:37 PM
DENHOLM ROBYN M Director Oct 26 Option Exercise 51.99 43,610 2,267,284 48,610 Oct 28 09:12 PM
Gracias Antonio J. Director Oct 26 Option Exercise 50.54 155,000 7,833,300 157,545 Oct 28 08:37 PM
DENHOLM ROBYN M Director Oct 26 Sale 417.98 43,610 18,228,306 5,000 Oct 28 09:12 PM
Kirkhorn Zachary Chief Financial Officer Oct 19 Sale 446.24 1,250 557,800 56,874 Oct 21 08:51 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Oct 12 Option Exercise 48.39 1,000 48,390 21,337 Oct 14 08:04 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Oct 12 Sale 442.00 1,500 663,000 19,837 Oct 14 08:04 PM
Taneja Vaibhav Chief Accounting Officer Oct 05 Option Exercise 54.67 4,105 224,416 19,203 Oct 07 08:26 PM
Taneja Vaibhav Chief Accounting Officer Oct 05 Sale 425.17 4,404 1,872,444 14,799 Oct 07 08:26 PM
Guillen Jerome M President, Automotive Oct 01 Option Exercise 51.64 15,000 774,600 64,357 Oct 05 09:10 PM
Guillen Jerome M President, Automotive Oct 01 Sale 442.43 15,000 6,636,511 49,357 Oct 05 09:10 PM
Wilson-Thompson Kathleen Director Sep 30 Option Exercise 44.95 12,500 561,875 14,300 Oct 05 08:45 PM
Wilson-Thompson Kathleen Director Sep 30 Sale 426.97 12,500 5,337,111 1,800 Oct 05 08:45 PM
Kirkhorn Zachary Chief Financial Officer Sep 17 Sale 416.15 1,250 520,188 58,124 Sep 18 08:16 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Sep 10 Option Exercise 48.39 1,000 48,390 21,837 Sep 14 08:26 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Sep 10 Sale 387.44 1,500 581,160 20,337 Sep 14 08:26 PM
Taneja Vaibhav Chief Accounting Officer Sep 05 Option Exercise 0.00 3,666 0 17,324 Sep 09 08:07 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Sep 05 Option Exercise 0.00 1,784 0 21,894 Sep 09 07:48 PM
Kirkhorn Zachary Chief Financial Officer Sep 05 Option Exercise 0.00 6,664 0 63,319 Sep 09 09:18 PM
Guillen Jerome M President, Automotive Sep 05 Option Exercise 0.00 1,211 0 50,074 Sep 09 09:43 PM
Musk Kimbal Director Sep 03 Option Exercise 74.17 20,375 1,511,214 638,240 Sep 03 09:26 PM
Guillen Jerome M President, Automotive Sep 01 Option Exercise 51.64 15,000 774,600
TSLA - Elliott Wave Analysis - CorrectionHi All,
I'm a long term Tesla Bull, but bearish short term, the price action suggest short term bearish price action.
Reasons
- No Catalyst until July Delivery Numbers
- No S/X Deliveries yet
- Nasdaq still in correction mode and has a room to come down, pressure on tech/growth stocks.
- Elon's tweets about FSD subscription(impacts financials) and FSD V9 release dates(impacts no financials on short term, helps perception which is good) are still in the air with no factual date of release.
- Elon's sudden move on BTC adoption, then again sudden reaction on it's rejection, creates only confusion and markets don't like it, but this will have only short term ~1 day impact on trading.
PS: This is just my opinion based on price action and macro level economics. Please be careful picking your trades.
TSLA - Breaking out & set to jump - $765-785 by week's endChart is pretty self explanatory and simple to understand which means tons of other traders recognize the opportunity as well. Expect investors to start piling on to TSLA again in the very near term with next pullback in the 760s. Short of that double bottom upward trend line breaking - it's all systems go on Tesla
TSLA PT 04/2021Many bullish indicators for TSLA, falling megaphone retest, inverse h&s throughout the last month, Wave 1 impulse post-correction, currently riding Wave 3 which is set to take off during this April melt-up. We just finished our Wave C corrective pattern & are back on the bull for TSLA.
Betting on 700 next week.
TSLA (Tesla) Inverse Head & ShouldersTitle: Buy BUY TSLA (Tesla)
Asset: Stock
Platform: Robinhood/WeBull/Etrade/ MT4
Symbol: TSLA
Type: Buy Market Execution / Buy Limit
Time Frame: 1D
Entry Price 1: $645.00 ACTIVE ✅
Entry Price 2: $625.00 (PENDING)
Stop Loss: $595.00 (500 Pips)
Take Profit 1: $695.00 (500 pips)
Take Profit 2: $745.00 (1000 pips)
Take Profit 3: $795.00 (1500 pips)
Take Profit 4: $845.00 (2000 pips)
Status: 🏃🏽♂️Active🏃🏽♂️
What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
A true head & shoulders pattern doesn't occur very often, but when it does, many technical traders believe it's an indicator that a major trend reversal has occurred. A standard Head & Shoulders pattern is considered to be a bearish setup and an "inverse" head & shoulders pattern is considered to be a bullish setup.
KEY TAKEAWAYS
* An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
* An inverse head and shoulders pattern, upon completion, signals a bull market
* Investors typically enter into a long position when the price rises above the resistance of the neckline.
TSLAI think Tesla, Inc. (NASDAQ:TSLA) will have a relief rally next week after its dramatic fall since the January peak of $900. The RSI history of this stock speaks louder. Notice that every time the daily RSI drops below the 30% level, the stock makes a dramatic rise in the weeks after. The performance history of a stock is always an important parameter in my technical analysis. Nowadays, a lot of traders sell any stock when the daily RSI touches 70 and buy when it falls to 30, however, you must analyze the RSI history before making any trade. History does tend to repeat itself and the majority of the stocks have more than one life in them. Another interesting factor on this long-term chart is that the uptrend of the accumulation line remains practically intact after this big drop, which means the stock is still on the positive swing. These are few reasons why I think now is the time to take a long position at this one, before the stock changes its trend and heads back higher. The bottom looks to be in and the risk of more bloodshed is a lot lower than it was weeks days ago. Lets see if I am right.
TSLA stock target price before 20 Jan 2021 : 1080$ ~ 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
TSLA SHORT SET UPTITLE/(DATE)- SELL LIMIT TSLA
ASSET- TSLA
PLATFORM- MT4
ORDER TYPE- SELL limit
Time Frame- 1D
ENTRY PRICE 1- $632.00 (Pending)
ENTRY 2- $647.00 (pending)
STOP LOSS- $652.00 (300 PIPs)
TAKE PROFIT 1- $600.00 (300 PIPS)
TAKE PROFIT 2- $570.00 (600 PIPS)
TAKE PROFIT 3- $540.00 (900 PIPS)
TAKE PROFIT 4- $510.00 (1200 PIPS)
TAKE PROFIT 4- $480.00 (1500 PIPS)
STATUS🚨 PENDING🚨
Tesla - Triangle Pattern and target price of $587In fulfilled wave counting, in the 240-minute chart, the price has moved up to the range of $ 502.41, with 3 ascending waves, in a corrective wave of 4, due to the 3-wave structure, the sides of the triangle have been formed, by crossing the price from “d -wave” (452.50), we will probably see an increase in the price up to the range of $ 587.
The Loss limit for this order is around $ 382