I analyze on daily and weekly chart. Here are the list of indicators that Tesla is going down:
1. 100 SMA and 25 SMA crossover on weekly timeframe. SMA crossover is the first indicator I look for because it is the first indicator to show up.
2. Support line is being break by today's candle from the consolidation in the past month and the support from past few...
TESLA was trading in an uptrend
But now we are seeing a bearish breakout
So I am bearish biased and I think
that the stock
Will go even lower for the target below
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 679.82 USD
10YR Yields Impacting Tesla, curious inverse relationship, with the 10yr tipping hand to sell off's. Both 10yr Yields and Tesla in critical ranges over the coming 7-14 day window.
TSLA looking hella toppy right now.
Has not passed it's former high @ roughly $950
RSI approaching overbought territory.
This is a stock that is realistically attracting investors who are driven by profit and you can see the sell-offs causing massive price fluctuations of over 50%, therefore better to be careful considering the current market conditions.
No...
Hey everyone, here's the analysis on Tesla. Please give us a LIKE and leave a comment on ideas you would like to see next!
Summary:
As illustrated by the yellow dotted lines, price can rally higher to our R1 zone between 641.35 - 668.00 before dropping to our S1 zone between 502.00 - 524.00.
Action:
Sell Limit: 668.00
Stop Loss: 735.00
Take Profit:...
Went parabolic, had expected a double top with a lower high, and now a second lower high.
It’s screaming out Short!
Expect downside to 650, and if breaks, then 400 is next target.
MACD had crossed into the bear territory just.
Time for a Tesla Correction, reasons:
Hit first target (drawn when Tesla was at 280.-)
Weekly Hammer Candle
Followed by a Weekly Doji Candle
TD 9 in Weekly Chart
Buy Zone appx. 450-500$:
Old Channel Resistance
0.382 Fibonacci
50 ema
