TESLA STOCK: WHEN RALLY? (July 18, 2024)An overview of current Tesla price action + when the rally could start
TSLAB trade ideas
$TSLA to 300 End of Year.. #DIAMOND Been nothing but free Alpha 101 on my page this white boy summer. Diamond bottom clear as day on trend line...
TSLA to 300 EOY = Wizard has spoken
Keepin it simple. This is a LONG PLAY like CVNA , will update/comment on idea if I see any potential option plays (200C's after June OPEX will be a target of mine)
I think the whole world is over lookin geopolitical threats atm, but computer algo feels NO FEAR... FEAR IS THE MIND KILLER
Trump Presidency required, Elon steps down as CEO causing 1 day buy the dip opp, Elon joins US Gov't as Tech Advisor, Elon does what Bootyjuice never could, MAGA...
"THIS IS AMERICA!" - 300
Tesla _ Early _ Next _ Week _ Distribution _ Prices: Tesla _ Early _ Next _ Week _ Distribution _ Prices:
No need to write the whole formula as we will be using the same numbers.
Prices as follow:
$254.25
$258.57
$261.12
$263.60
$269.90
$272.65
$274.55
$277.11
We will take a short break!
AMD daily chart similarities to TSLANASDAQ:AMD breaking out in similar fashion to NASDAQ:TSLA after a bullish engulfing on the daily chart.
TSLA Weekly: Bullish BreakoutTesla's weekly chart showcases a bullish breakout from a symmetrical triangle pattern. The RSI on the same timeframe remains supportive, adding weight to the potential for price increases. This is a promising technical setup, but a major event looms – earnings on Tuesday after the market closes. The post-earnings price action will be crucial in determining Tesla's next move. Stay tuned!
Hi, Tesla is a following a parabolic path but Tesla is moving with in a weekly channel now at the high of the channel , a resistance tl for long, a possible gap up could help it to avoid this resistance at the opening , in that case there is another channel low that will be waiting for the test
i'll add more graphics and possible pattern levels shortly
Drawing the Fib LinesLooks like i drew it correctly, the price action has fallen within the lines so far
TSLA will reverse course soon163-165 is the area of interest that must hold for TSLA to go back to ATH.
TSLA still a SELL++++ $230 first targetMany SELL signals on TSLA, been overbought on daily and weekly for some time now. .618 Fib first target is $230! At some point I believe the gap will be filled
TSLA triangle patternNASDAQ:TSLA is forming triangle pattern. Be patient here and wait for break out/down
TSLA: AnalysisOn TSLA as you can see on the chart we would have an uptrend if only if we have the breakout with force the vwap and the resistance line. In other hand, we would have a downtrend if only if we have the breakout with force the support line...
TSLA - ripe for a countertrend move?Red count from the last update here seems to be the possible winner.
Got some decent RSI divergence going on here on the daily and 4h.
If this plays out as a leading diag to the downside, a retracement might very well go into 250+ before continuing further down.
BTC shorts setup 67k zone Just a quick on my new short setup at 67k zone and ride up to 56k then 48k then 34k.
TSLA Is Unlikely to Break 300 and Will See 138 InsteadTSLA is likely to begin a bear market following the possible completion of a triangle pattern in wave {x}. Wave (e) of {x} has terminated near a significant Fibonacci cluster incorporating several degrees of trend. Prices should begin to develop lower in an impulsive manner against the wave (c) of {x} high of 299.3 towards and through at least the wave (d) of {x} low of 138.80.
sideway show with 5 sessions to goI can see sideway movement up and down could impact the box, then either break below the line or accelerate with earnings around the corner. Right now, I'm short until the ER.
Tesla _ Inc _ Short _ Trade _. Tesla _ Inc _ Short _ Trade _.
We can only do 3 more trade as Tesla need to still go to the lower level.
Next Execution price:
$260.28
$264.2
$266.35
$269.22
_____________
Distribution Price: $272.68.
_____________________
Market start descending from here to the level of $213 Range.
Lets cover some facts why it will drop the above level:
(1) The Execution price create Bearish Neck & Shoulder Pattern! Remember mathematic existed long before fake made up pattern, hence, I be able to see it in advance!
( 2) Week 1 support over Quarter 2, Retest is missing.
(3) Previous year, 2023, Quarter 2 support over Quarter 1 Resistance, there is a missing Retest that connect 2024 support level, that need to be corrected!
(4) X Max come once a year and not twice! meaning time need to repeat itself like a clock on your wall!
TSLA: Buy idea: Spring effect on vwap and support lineOn TSLA we would have a hight probability to have an uptrend as you can see on the chart if only if we have the breakout with force the resistance line.
Tesla weekly chart is overboughtNASDAQ:TSLA is overbought on the weekly timeframe. Not a bad place to take some off the table and wait for the next green dot
Occam's razor = Upcoming Earnings + RSI + Moving AveragesLets make this hypothesis on where NASDAQ:TSLA is going very very simple.
Upcoming Earnings. Go back to the week PRIOR to the last 3 earnings announcements. I did the work for you. Notice leading up to earnings announcement, the price of NASDAQ:TSLA went DOWN. Why you may ask...no one knows for sure but my theory is that investors are fearful of a bad announcement and thus they would rather be on the sidelines. So they sell before earnings. Simple.
RSI. As you can see on the chart, relative strength had been pegged at 100% as NASDAQ:TSLA put on a very impressive rise from $170s to $271 in a very short few weeks. While there is plenty of money on the sidelines, NOBODY wants to buy at the TOP. The pull back started on Thursday with the Bloomberg article on the delay of Robotaxi announcement. After such a meteoric rise you would expect profit taking for several reasons including we just started a new quarter and fund managers can book profits now and enjoy their summer vacations in the Hamptons.
Moving Averages. We are way beyond the 50 and 200 moving averages. Both are sub $200. As of this writing, NASDAQ:TSLA sits at $248. Below current price there are gaps at 230 and 210.
The world is complex and maybe this simple analysis is full of bullsh!t. That said, time will tell but my money is on a drop back down to the 200-220 level where I intend to take profits and enjoy my summer somewhere other than the Hamptons....Good luck all.
TSLA: Focus on Earnings July 23Take a look at the last 10 earnings announcements for TSLA. Highlighted in yellow.
Couple of takeaways:
+++ 9 out of 10 times during the 8 or 13 days prior to earnings the stock traded in the lower half of the Bollinger bands. The exception was the July 2023 earnings announcement.
+++ That same July 2023 earnings event saw a meteoric rise in share price prior to earnings followed by a HUGE GAP Down on Earnings. Pump and dump would be a good way to describe the price action here.
This year is repeating the same pattern. However expect that as significant amount of the $300 BILLION in paper profits that were made on the rise from $170 to $270 will be taken off the table due to political uncertainty, indices at all time highs and delays to robotaxi event. So much uncertainty PRIOR to earnings is normal and expected.
Thus expect that TSLA will heavily fade into earnings next week.
Tesla stock analysis on a silver platterAnalyzing Tesla stock on a silver platter only requires patience, patience, then patience
TESLA PULLBACK Then Moon Mission!After a rejection from the weekly and daily levels, a pull back to $235 (Daily Level) or $202 (Demand Zone) is likely before higher prices.
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Every day the charts provide new information. You have to adjust or get REKT.
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This is not financial advice. This is for educational purposes only.
How I position myself for the next few monthsHey folks! I really don`t know much about Tesla , but this is how I see this!
I have already taken some small sell positions and waiting for 260-265 to add some more
If I look other EV companies then they show that they need for double bottom to take a U-turn to upside.. Usually when Tesla falls/pullback - everything else follows and vice versa..
It`s only my point of view and how I feel about Tesla ..
Let`s see how this plays out!
Cheers
