timwest
Long

Tesla Motors TSLA Daily - Support From Last Earnings Release

NASDAQ:TSLA   TESLA INC
659 16 7
I found this graph to be interesting to display how it is important to know what price levels that earnings were released at. If you consider that the post-earnings market action in the two-days after earnings are released create important support or resistance for the stock to hold or to push through.

Note how I have labeled the last three earnings reports with a red triangle. The triangle starts from the first day that earnings are released and continue for two additional days. I then make a triangle with that range and the apex or midpoint is often a key support or resistance level .

The next earnings are due in 36 days and I have taken an approximate block of time at the bottom of the chart to show you the estimated time of earnings .

The moving average is a 10-day moving average of up days and down days, separated.

Tesla             TSLA             held the logical support level and may re-test the 10-day moving averages up at 228-236.

Risk is approximately 30 points due to TSLA's 10 point average daily trading range.

215.46 last 5:34PM EST 4/8/2014 Tuesday
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down !
:)
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snapshot


or up
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Can you explain to me a bit more on how you found the green support line you drew? -thanks
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I made a new Tesla TSLA chart and posted it to show the "mode" to "mode" concept for support in that price zone.
Tesla Motors TSLA Daily Forecast for the next quarter = UP
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AYosof timwest
Nice analysis, tim, If I am not wrong nowadays I see tsla is more dependent on spx500 us. I see the analsysis on spx500 is moving tsla any say on this ???
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AYosof AYosof
tsla is rejecting some good demand zones. for daily trading.
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Note the green line I drew on the chart - it corresponded to an important level for TSLA - The level was a high-frequency daily price level from the previous consolidation in the fall of 2013 through year end.
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completely disagree with you
the time will see
Good Luck
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Hello vaicru. What do you disagree with? I simply labeled earnings release dates and showed how the market acts/reacts around those levels. I'm curious what you are disagreeing with.
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vaicru PRO timwest
Hello Tim
Time will tell
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