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...
Tesla Motors stock looks like it could be forming a head and shoulders pattern with ~184.50 as the neckline. It also broke the uptrend line from the end of March recently and could be forming a bear flag. Historically this stock offers very good risk vs reward opportunities on the short side when this happens. The plan is to open a starter short with risk on...
Tesla Motors stock looks like it could be forming a head and shoulders pattern with ~184.50 as the neckline. It also broke the uptrend line from the end of March recently and could be forming a bear flag. Historically this stock offers very good risk vs reward opportunities on the short side when this happens. The plan is to open a starter short with risk on...
With declining volume on this last rise, as well as an overbought RSI, we could have a pretty ugly head and shoulders pattern on the daily. If we fail to break the ATH, I would bet on a decline, with a target around the 190 zone. We all know this is a hell of a stock though. With so much optimism, we could continue to break new highs, so be careful. Goodluck.
Lets face it the average consumer cant afford one. You have to wait forever to get one and when you do they release a new model. Also they stopped switching out battery packs bummer. looks like you need to pay an arm and a leg once the battery loses its charge. Beautiful textbook Head and Shoulders. PLAN is to either short or buy put options with a 265 stop...
1 of 5 seems to be a Leading diagonal. Long after the correction ends for the whole move from 182 to 2XX
So, it's obvious that in past months the price was forming an impulsive wave and it even had an ending diagonal in wave (5). And so, since the end of March there goes a zigzag formation in the wave . Perhaps, after a few days or a couple of weeks there will be the beggining of the wave , that will break down the 180$ level. After there will be formed a minor...
Bought a few shares of Ford for the watch list. Meh! ran out of cash to invest big, so sad. I watched this from $6 to 17.50 never believing their story of growth for 2030. Owning a 1998 yellow Ford Mustang GT 4.6L V8 with modded exhaust that you can hear a mile away with Lambo Doors and a Cobra 2000 body kit, all installed by myself in my parents garage made me...
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
Tesla probably finished this Friday a leading diagonal. Because it made a new low, one has to consider a new impuls down has just started. Personally expecting bounce in April to 200-210 levels with consecutive sharp reversal until June 2015. Wave 4 could unfold during July with some 38.2% retracement of wave (3). A final low of this 1 year corrective move could...
Will we see TESLA getting back on track for a bullish run? Was the one day -3.69% drop a buy-in opportunity?
Tesla's exit tunnel of the next days. TESLA popping out of it's main trend for a bullish run. Check out my other chart for the big picture
TESLA is about to pop. Long term triangle, bottom trend line got confirmed on 13 March. This week is crunch time, get your bets in :)