*Target,entry mentioned above,plan Stoploss to your trading style *Strictly maintain stoploss *Feel Free To Ask Doubts
*If You Want To Scalp You Can Do Scalping Also
*Lets Wait For What Will Happen
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
If You Get Any Value, *Don't Forget To Like *Follow Me to get regurlar updates *Show me your support and thoughts in comments...it'll help me to do more *Good Luck
Disclaimer *The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Planning the same, but waiting for the earnings next week. It might go up in the anticipation.
TradingCalls2000
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@vargaviktor193, appreciate your idea friend...my thoughts are, TESLA worked well in fib levels even in past recession weeks so this time also expecting for above target ....this is only my prediction as per the past movements ...anything can happen Lets's see......Good Luck
DangAsian
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Hey - doing the same trade, but being a bit more conservative with my exit at 650 :) but looks like a good trade
TradingCalls2000
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@DangAsian,i appreciate it...you can scalp like now ,and i marked above in the pic is minimum target of mine ...so it can go further low so no worries scalp or trade ...thanks for your comment ...good luck
janfoux
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Thanks for the idea. I still see an unfilled gap @ $650-686 though. Isn't it going to be filled first? Also, I don't understand why would be that particular $540-560 zone a major demand zone, as smart investors think in the long run and know that TSLA in 2019 was $250-400, so in 2020 should be $500-750, in 2021 $900-1300 and so on. About a 10x growth in the next 7-10 years. A great investment for sure! But broken down to particular years a 50% growth/year -as Musk himself stated last year- shows a lot different chart than what we see nowadays because of the FOMOs and the shorts. In my opinion, at least. I'm a big fan of Tesla, I ordered a Cybertruck and would love to have a Roadster one day as I turn 50 or something. :) That being said, right now it's way over valued @ $600-700. Also, the recession is still "on", unfortunately. More over, it can be a depression and that's nothing like a fast V recovery, and even if it was a V, without the FOMO run in February and this one in April, without the virus, right now TSLA should be around $500 consolidated and not volatile, and around $900 by December, in my opinion (again). And as learned from Warren Buffett, you should buy your chosen company at a discount price, so way lower than the actual value of it (not talking about the future value, but the actual). And you are trying to buy NOW, so should calculate accordingly. Make sense? Anyway, check out my idea, and let me know any comments please if anyone have some extra info or speculation on the subject.
TradingCalls2000
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@janfoux,Read my Trade Details Below The pic and i mentioned above dont buy in current price and i predicted and mentioned tesla's next movements in arrows.that will be the next target movement also i didnt mentioned any buys
For the explanation for my major supply and demand zone is i showed in the pic is 30 min time frame and i meant that as(4H) higher time frame's supply demand zone,for the clarification see my other analysis in my account
Above pic is for trade not for investments and , For the investment view in TESLA i made a research in Technicals and Fundmentals as well
We can expect a bit retracement in tesla and Fundamental view tesla is Still decent value As per the cashflow,balance sheet,and income statement report TESLA is still not good for value investment in my view
thank you
janfoux
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@TradingCalls2000, cool and thanks. I totally agree, just shared my thoughts here in detail to show my perspective.
TradingCalls2000
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@janfoux,Friend i appreciate your comment hear,i just gave explanation for your doubt