TSLA 5th wave TARGET 283/294 The chart of tsla needs to rally for its 5 wave peak and into .75 gann or golden ratio of 293.9 =.786 from this point I will issue a major cycle peak into 8/4 best of trades Wavetimer
TL0 trade ideas
TSLA: Buy ideaBuy idea on TSLA after the breakout with force the vwap and the resistance line by a big green candle follow by a large green volume.
tsla looks like'tsla looks like its forming a cup and handle, earnings will be approx 195 and then a bounce to 300 for robo taxi
Tesla Earnings downside and recovery for FSD Tesla will move lower and fill gaps to down side, run back up on momentum for FSD break resistance, retest, FSD will be fully priced in by October
Tesla UpdateIn my midday update last Friday, I mentioned that price has at least for now bounced off of the 0.854 retracement fib @ $236.82. It has yet to move higher or lower and my prior thought still stands. We're either in a mini-wave 2 or still in wave iv. I feel the prior is more likely, but the ALT (turquoise) iv is still on the chart for a reason.
As mentioned in a prior post, if this is mini-wave 2, then we should be targeting the larger 1.618 @ $299.56. If this is still wave iv then we should move towards the 0.382 retracement fib @ $230.06. I currently hold just 40 shares with the majority bought around $171. If price drops more towards the 0.382, I will probably buy more. If price continues to move in a standard pattern I will most likely sell about half of my shares @ the 1.618 and rebuy when the upcoming wave 4 is nearing completion. The key phrase here is, "if price continues in a standard pattern".
Tesla, Inc_ Distribution _ Prices _ + Economic _ Cycle _ CalculaTesla, Inc_ Distribution _ Prices _ + Economic _ Cycle _ Calculation.
While market is closed I spent deeper on the Tesla. I will also breakdown the whole economic cycle for Tesla that will cover short and future prices.
Lets breakdown the whole thing + risks.
To determine the number of weeks between April 29, 2024, and June 28, 2024, we calculate the number of days between these dates and then convert that to weeks.
From April 29, 2024, to June 28, 2024:
1. April 29 to April 30: 2 days (30 - 29 + 1)
2. May 1 to May 31: 31 days
3. June 1 to June 28: 28 days
Total number of days: 2 + 31 + 28 = 61 days
To convert days to weeks, we divide by 7:
61 days % 7 = 8.71 weeks
Therefore, the total duration between April 29, 2024, and June 28, 2024, is approximately 8.71 weeks.
Expecting the following prices between 7 to 10 days:
Expecting the following for the week coming & week after:
1st Distribution:
$250.59
$251.88
$252.05
$263.35
_________________
2nd Distribution:
$273.05
$277.36
$280.15
________________
3rd Distribution:
$280.62
$285.48
$285.72
$286.39
$288.32
$290.30
$291.72
TESLA: Growth & Bullish Forecast
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the TESLA pair which is likely to be pushed up by the bulls so we will buy!
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No wonder it is overvaluedTo be honest I do not personally trade stocks and indices, but I sure can let you guys have my insight on it.
With a P/E of 61+ and a P/B of 12.2, Tesla is extremely above the mark where it should actually be.
This recent weekly bounce is the evidence that Tesla has gained above the real valuation and it might undergo a fall. Therefore, my opinion on Tesla is that it should go <200 again around 170 where the most recent demand area exists.
For those who trade it, you should be confident to short it but please I request again and again, ensure proper risk management!
TSLA: Triangle or flat?A temporary top is most likely in for TSLA. However, it is not going to be a 90% crash in my opinion. Love or hate Elon Musk, his antiques often hurt the share price and this time is no different. So far, the price action has been beautifully filling out a triangle pattern. And if the last leg of the correction is due, then price should not break below the $146 low. Ideally, price should find support on the upward trend line somewhere around $160 in the next 4-5 months to complete the triangle pattern and give us the wave five toward 1.618 fib level of the cycle degree wave 1 to complete cycle degree wave 3. The target could be whatever Cathey or other bulls have been telling us for years. For now, we need to watch the support levels. Below $160 we need to watch $146. If that breaks, then $100 comes in the picture. If that breaks, then $64 will be the last stand. If that breaks, then $26. But, right now, let's see how the correction plays out. If it a triangle, the E leg should be shortest in length and time. If it a flat, then C wave should be strongest and sharpest and might give the impression that the levels I mentioned above might come in play but won't happen.
TESLA: week tf, upside above 270 and then above 310
Tesla gave trendline breakout and now facing some resistance at 270
above 270 we may see a quick rally towards 310 and above that fresh rally for previous high towards 380-390
Disclaimer: only for education purposes, no buy or sell recommendation. we are not sebi registered. always discuss first with your financial advisors
Technical perspectiveFrom technical perspective Tesla is doing fine.
Still in uptrend and if it breaks in the near future ~300 mark, then I really believe that it can shoot up to ~500 mark.
I know that this is long term , but sometimes You just have to zoom out and look at the bigger picture. All the news, analysts and everyday " dust " - You need to wipe it off for a second to see a clearer picture.
Only way how I can see that it goes to ~500 mark is: AI
Robotaxi is a great idea , but in my mind it is still in a babies shoes - it`s like a medicine: You can`t sell the product when You are not convinced that it works 100% ( 99% is not enough - it will start to make problems)
Musk have a generous head - but too confident ..
Anyways, good luck to all!
Tesla Buy Set UpTelsa is in a Daily uptrend. I waiting for a retest on the 4hr in one of these zones for a continuation up
The dollar gold silver7.19.24 the problem with all men is that they mumble and they can get confused very quickly. if you can get past that.... using the tools that I like to use.... you will see classic reversal patterns that will show you great opportunity even though the market will do it on its own terms and not exactly time frame. the dxy, the gold, and the silver traded perfectly in alignment and there was nearly a $5000 move...roughly on the metals. I believe it's worth a look at yesterday's prognostication for the markets.. and how I might have handled these markets if certain conditions happened.... realizing the hypothetical trade that I outlined didn't happen until the next day which is today near the opening price. even if you're timing is a little off if you know how the markets trade between buyers and sellers and how they correct. and you have a reasonable strategy such as 2 bar reversals..... you wouldn't have gotten hurt in this market.... and you know what it's doing when you see how the bars are moving because you know where the buyers and the sellers are most likely going to be.
TSLA still in triangle pattern and choppy. Volume decreaseResistance at 258 & Support at 246. Keep eyeing on it
TESLA STOCK: WHEN RALLY? (July 18, 2024)An overview of current Tesla price action + when the rally could start
$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
