The historical volatility is at all time highs, which makes sense with all the selling in the beginning of the year and now the recent upgrades and Model 3 being released to drive on March 31st. Article provided in this link , titled "Elon Musk previously said we'd only see part of the car at this month's unveiling. Apparently that's changed." Now, we are ramping...
Tesla is trading within a larger weekly-monthly distributive pattern. The 7-month trend has been within a BEARISH descending channel. Each prior attempt to test the upper trendline has formed a rally to has failed to follow through...an "upthrust." Longs are holding onto *RISK* into resistance.
If the 50% Fibonacci retracement holds the bias would continue...
Tesla is looklng deeply oversold and the earning report may be brutal. Or it might just be a set-up I am willing to take.
Reasons
1D RSI oversold deeply.
Entire market ready to bounce.
Squeeze looks imminent.
My stop is soft through 145-150.
Correct position sizing for these high % swings is crucial.
Good Luck
Looking at the charts it seems it will continue to hold a while before breaking its support on the downside and falling to the 200 MA level of 150 which also is 50% down from life high !!
It's Wait & Watch !!
Solar stocks such as SUNE, SCTY have been hammered real hard for the past 3 weeks. Tesla is not a unicorn immune to the global deflationary forces.
Like many, Tesla relies on cheap debt to finance its research and development. This isn't sustainable when Janet Yellen is no longer supporting the market with Quantitative easing (QE). It is also on the verge of...
This is a DAILY chart of Tesla. In this time of market turmoil, please be very careful...
Would you own TSLA stock? I too would love to drive a Tesla. Given the opportunity, I would go out and drive one tomorrow. But would I buy the stock tomorrow? You might be surprised at the answer.
Some things to ponder without answering the question at hand -
**On...
Hoping to catch a bounce here. I think the strength of the bounce will depend on index as well.
Entry activating on open as per chart.
Reasons:
Support
RSI Turning
Blood Volume
Back over 200MA
Good Luck
On the daily 2$ Renko chart, TSLA is nearing it's exit oft the ichimoku cloud. This is a good sign for bears and would serve to be a profitable entry.
Enter Short If:
- 1 Renko box closes successfully under the cloud.
- Renko is below the Tenkan-sen
Exit::
- Trailing stop set 2 to 3 boxes behind entry.
In the end of August of 2014, Tesla completed the formation of a cup with a short handle, and within a few trading sessions, catalysts such as the China Unicom charger deal and Stifel's upgrade of TSLA with a price target of $400 caused the stock to break out and confirm the pattern. A similar cup and short handle has formed today ahead of the Model X reveal. TSLA...
Technicals are screaming for a H&S it seems :)
Not a bad place to buy the breakout for a last-fart rally before it gets dumped down to 120~150 (sweet spot)
T/P: 250~263.87
Entry: 206.23
S/L: 192.28
#TSLA #TESLA Short Idea (Harmonics,3Drive,Head & Shoulders)
3 Drive
Head and shoulders
Do you own analysis but I hope this give you some useful ideas, don't forget to hit the like button :) Thanks
In preparation for the upcoming earnings report, Tesla has some clear probabilities in front of it, from my perspective. If they report a great number and forecast, it will be $250 in a heart-beat. If they stumble at all in any way, it will be $150 in a heart-beat. So I view owning both puts and calls here as the best strategy. Buy the $210 calls and Buy the...
Bullish momentum divergence on Mac-D signal lines, histogram, and RSI. It is coming off some support as well and we saw big volume come in to stabilize it on the 14th.
$TSLA has a lot of resistance at the current levels. However, if Tesla can reclaim the 50 day, it is a sign of strength, and could lead it to the next high of ~$320.
A reclaim of the 50 day means: Gap is almost filled, $245 resistance broken, regression channel broken, and of course the 50 day is broken, leaving only $265 resistance, which isn't as strong.
TESLA - will the price action Salas or fail? Will it need serious recharge that could take a long time for its supporters.
There are so many fundamental metrics, that could be unique for TESLA or may be not. However, price action if like all others. It has so far WOW the investors and admirers since it's IPO and more specifically since August 2012.
Considering...
![TSLA: TSLA could pop ;]](https://s3.tradingview.com/b/BZeVAZBi_mid.png "TSLA could pop ;]")
