Welcome to the BasicTrading channel. My name is Philip and in todays analysis I quickly go over the situation which we currently have on Tesla. I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities. If you enjoyed this analysis, let me know in the comment section which asset I should analyse...
TSLA - Bullish engulfing pattern detected, more likely signals reversal and uptrend likely to continue.
Recently we published where we explained that there´s more downside coming. So far the idea is playing out as expected. We expect the price continue down as angles of the Keltner channel are still pointing to the downside . We expect the price to reach the buy zone in the next days. Next we expect the bounce and filling the gap which corresponds with the price...
I've never been a big fan of Tesla, especially since speculation is rampant on a stock that does NOT pay dividends, but I digress... Tesla look to have coiled up in a symmetrical triangle or what could also be a head and shoulders pattern, "IF" the pattern were toplay out we could see price fall as far as $110. So far my short from $275 is in profit, but I'll be...
If you haven`t sold the Double Top: Then maybe you should buy the regional Double Bottom now. Looking at the TSLA Tesla options chain, i would buy the $220 strike price Calls with 2022-11-18 expiration date for about $13.55 premium. Looking forward to read your opinion about it.
On H4, with the price moving within the descending channel and below ichimoku cloud , we have a bearish bias that the price may drop from the sell entry at 233.10, which is in line with the 23.6% fibonacci retracement and previous swing low to the take profit at 181.54, where the swing low support is. Alternatively, the price may rise to the stop loss at 260.86,...
100% sure analysis. I wish I had a strong capital to trade with. I wish everyone a happy and comfortable trading day
VAL level must hold or else Tesla price will go to the yellow X (~182$) as the next target. Elon Musk Twitter news might have effect on the price.
I was in a Tesla not too long ago. Really mediocre interiors that feels of nerd design inside and out. I do not know what all the hype is all about with this Elon Inc pseudo innovation. And now back to technical analysis. Flat formation to head for C Wave. Still a fair way away from confirmation, but when I see a familiar pattern, I take the chance. We are not...
Important Fibonacci Levels: -35,6 -180 -230 -270 -300 -327 -363 -417
Tesla - Intraday - We look to Buy a break of 315.11 (stop at 302.98) The primary trend remains bullish. Short term bias is bullish. Daily pivot is at 314.67. Short term momentum is bullish. A break of the recent high at 314.61 should result in a further move higher. There is no clear indication that the upward move is coming to an end. Our profit targets...
TSLA stock price consolidating and looks like there are some reasonable slowdown of price action prior Earnings report in mid October. Check out chart to see rising support and resistance at 313. This zone will determine further price action. I think if Earnings come back negative - price will chop down to lowish levels. Visa versa for positive Earnings -...
Over the past few years, not many companies have seen the hype that Tesla has when it comes to its stock performance. Starting at $1.10 in 2010 and pushing up to the range of $1200 near a decade later (before the stock split), early investors have enjoyed monumentally unfettered growth in profits. A side-effect of this historical growth has been undeniable...
According to my chart analysing ,TESLA TSLA show strong signal to BUY .
Tesla Short Term We look to Sell at 282.85 (stop at 294.03) Previous support level of 280.00 broken. Posted a Double Top formation. The bias remains mildly bearish but there is scope for a move in either direction at the open. Further downside is expected although we prefer to sell into rallies close to the 282.00 level. Our profit targets will be 249.72...
Hello ladies and gentlemen, according to my graphical analysis of TESLA stock , I guess the price will go downwards which is confirmed by the Big red volume ,also the power of bears who keep pushing down .So the price has a high probability to retest the support mentioned or even break it ,then it will be a good opportunity for us to Buy ,because according to the...
On H4, with the price going along the ascending channel , above ichimoku cloud and the MACD is showing a buy signal, we have a bullish bias that the price may rise from the bull entry at 952.61, which is in line with the 61.8% fibonacci retracement and 61.8% fibonacci projection to the take profit at 1041.41, which is in line with the 78.6% fibonacci retracement ....
The price is forming in a potential cup and handle pattern. If, the pattern forms then traders should take a long position. The stock is expected to have bullish breakout of the cup and handle according to the pattern. Entry level is at the horizonal entry line, entry is possible either, immediately after breakout of the cup´s handle with the volume surge or, a...