Highly speculative chart here but I think TSLA should run out of steam soon, lets assume a double top is possible but who knows if we will even get there. Maybe just a H&S? If Elon says overpriced, expect a pullback. "Stonks"...
🚨 Very critical price action move for the next big tesla play.
We did get our breakout to attempt to push up, but fakeouts can happen.
You're going to look for 926-930 to test for support. We are pretty much testing it now!
If this was a fakeout expect a big selloff. You can play aggressive here if you wanted to catch this as a level support only if the...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think Tesla is still a dip, but it is likely to be shortened even more. I believe the next buy target is at $850, and then you are looking at a possible retracement that can go all the way up to $1.2k by September. I feel...
Hello community;
We can see clearly with the Fib extension that the BULLS are going to stop pushing, and time for the Bears to enter the market.
The Bulls won't go really higher to touch the 1,618 level, but there is a probability for them to break the 100% level before coming back short.
Despite all the fundamental reasons to be bearish #Tesla - and there are many - technically this chart looks like a clean breakout and retest. If it holds, price looks poised for $1281, which is the 161.8% Fibonacci extension $TSLA $TSLAQ
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said a Tesla supplier just announced a 1.2 million miles lasting battery. This is huge news at it shows that EVs are trying to definitely (as we already know) outcompete the big players in terms of lifecycle of the car and...
After reaching the Target set Last week for NASDAQ:TSLA , It is now in an important area .
I think It would be interesting before taking any decision to watch how it would act around certain area .
Actually if TSLA succeeds to close soon considerably above the white line at around the 1035 , it would very likely continue up to the 1120-1135 area (Blue Line) .
In...
Working on Medium Time Frame TSLA moving towards 1146 facing resistance zone 1147-1150 for a final wave 5 completion. Looking for an A,B,C corrective pullback in TSLA once the top as in wave 5 facing resistance zone 1064-1146.
Hello Traders,
This is a demonstration of why technical analysis works,
Tesla was on a clearly bullish accumulation pattern called ascending triangle on a resistance level and we also can see a bull flag pattern.
And the price goes to the ATH after this breakout.
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Tesla has been continuing to increase, but as usual when the popular tech stock spikes, there is little to no consensus to be found both regarding its immediately future and its status as a blue chip investment. While clearly Elon Musk's brainchild has become a major force in the industry...which industry that actually is, exactly, is somewhat unclear.
Musk has...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, how does it feel to have been bullish on Tesla? I was very positive on the company and hoping it would hit $1k by few months. At the $835 mark I said, still room to grow at least +25% soon. Tesla crushed targets faster than...
