NASDAQ:TSLA is my bread-and-butter stock. Yet I remain unbiased until a I have a reason. That being said, even with today's bearishness we still have much to break to the downside.
I see a reason to be bearish with selling being seen into these pops, and typically that's something to note, but in the same breath this can cause tension on the sell side, making...
Tesla's trajectory is remarkably aligned with specific Fibonacci levels. A straightforward yet potentially effective strategy emerges: A decisive breach beyond 240 would pave the way for an upward progression towards 264. Conversely, a breach below 240 would likely trigger a descent towards 210. Be patient and act accordingly.
SIDEWAYS
I think tesla stock will have a trading range for couple of years.
you can see the range targets in the chart
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I hope you enjoy.
Following is the analysis of Tesla Inc coming in for the next few weeks/months.
1) Wave 1 started low at $70 in Dec 2019
2) Wave 2 is a symmetrical triangle that finished correcting W1 at 38.2% correction at $407
3) Wave 3 started on Sep 2020 and had a good run-up of FIB 127% from $407 to $900 ending on Jan 26, 2021
4) Wave 4 is a sharp zig-zag correction but...
As my chart explains everything, no words needed to explain , that simple ELLIOT wave principle will tell you what's happening NOW.
TESLA will not make new high now. ALL car manufacturers in the world clossing their IC engine plants
Young traders buying in a hurry to accumulate this stock BUT will not knew that one more DROP is there.
ER.Selvam.B
Neo...
Considering i am long and currently hold 13 shares in my portfolio (for disclosure purposes) i have and extra buy zone for Tesla included. Normally I wouldn't sell Tesla and would just recommend buying when it goes down, if you are swing trading these are zones that could be useful. The most optimal buy zone is started at 318 and below. Most likely it is unlikely...
Looking at Tesla , the Sell Signal occured pointing on the ongoing correction. We already sold the excess at 1780$ (previous Idea) Waiting for confirmation if 1485$ can hold to get back in or we going to see some lower correction levels around 1250$ - 1050$. The Buy signal will be the final confirmation.
No financial advice, only my idea.
Hello traders, here is the analysis from our team :
In future buy market@
BUY - 903
TP - 924
SL - 884
Let us know in the comment section below if you have any questions.😉
On April, 2nd 2020 $TSLA reported that they had delivered a little over 88,000 vehicles.
This has been strong support for BULLS entering into Q1 Earnings season.
$TSLA is expected to report earnings on or about April 22nd (maybe as far out as April 29th).
The general consensus for the EPS is $-1.31.
I'm seeing $TSLA continue to rise until then with the strong...
Time for a Tesla Correction, reasons:
Hit first target (drawn when Tesla was at 280.-)
Weekly Hammer Candle
Followed by a Weekly Doji Candle
TD 9 in Weekly Chart
Buy Zone appx. 450-500$:
Old Channel Resistance
0.382 Fibonacci
50 ema
