🤔 Just looked at amazon, facebook and now tesla all show correlation to testing the highs. Look for it to play the red upward support and squeeze in the compression point. Break below look for a short back down. I think we are still evaluating if the breakout at 902 to the new highs is a fakeout or going to see if support can hold. You see that we did drop all...
Highly speculative chart here but I think TSLA should run out of steam soon, lets assume a double top is possible but who knows if we will even get there. Maybe just a H&S? If Elon says overpriced, expect a pullback. "Stonks"...
🚨 Very critical price action move for the next big tesla play. We did get our breakout to attempt to push up, but fakeouts can happen. You're going to look for 926-930 to test for support. We are pretty much testing it now! If this was a fakeout expect a big selloff. You can play aggressive here if you wanted to catch this as a level support only if the...
First off, please don't take anything I say seriously or as financial advice. As always, this is on an opinion based basis. That being said, I think Tesla is still a dip, but it is likely to be shortened even more. I believe the next buy target is at $850, and then you are looking at a possible retracement that can go all the way up to $1.2k by September. I feel...
Short via some puts. Hoping to see a gap fill and a back test to the old resistance. Trade carefully and only advice (make your own trades)
Working on Medium Time Frame TSLA moving towards 1146 facing resistance zone 1147-1150 for a final wave 5 completion. Looking for an A,B,C corrective pullback in TSLA once the top as in wave 5 facing resistance zone 1064-1146.
June 7th , we approached a very key level of $910 and I alerted you to play this edge on breakout. Now Tesla has printed around a %12 gain in just 3 days! 💰💰 Congratulations if you played it. All indicators from the ema dots to the Crossover strategy candles showing strong green pressure. Best of luck, 🥇MLT | PRO TRADERS
I am highly interested on tesla as we approach an edge play at all time highs! Followed by the massive market crash tesla has ran non stop on the larger timeframes to the current position of 885.66, that is a lot of rocket fuel! 👨🚀 BEAR SCENARIO: What your going to want to look at on the daily timeframe is to watch for the Crossover strategy take place. We want...
Short it with a stop loss at 960 but with a target at 700
Hello everyone, Tip1: Good fundamentals usually means bad technicals and sell the news event (price drop) Feb 4th Ive made a Tesla sell off Warning post with tips about supportive zone where to buy Now when SpaceX and all good fundamentals are floating in the game and after for stocks insane & tasty 100% Gains !! on TSLA in just 70 Days ! I thought it would...
If you have been following along we have been in a wedge for a few weeks. Today looks to have broken to the downside (NA price reduction...no one saw it coming :)), I expect more downside still. Good luck and remember this is only advice. Make your own trades.
Tesla, wait for that 3 day to Crossover to the dark side. Green and red support and Resistance levels drawn for you on breakouts. Implement 1% rule on edge plays. You know the rules. Get that money 💰💰💰💰 🥇MLT | PRO TRADERS
Nice downward going trendline, with nice double support below, 1/3 ratio trade, for sure worth the money, and if it breaks you go long!
A few days ago I mentioned that I exited my Tesla position. My reasoning was somewhat based on what I went over yesterday. That there was a historic divergence taking place within the markets. The second is based on how price looks. As a trader I have come to realize that price is king above all indicators. No matter how positive indicators may look, if price is...
Does Fibonacci Retracements work on stocks? Yes, TSLA is in a topping pattern. Bad Candles Patterns & it's holding a daily HWB 50% short. 12 hours at it's short and it can't break it. 745 Target. Last time Tesla couldn't hold break a short, Late Feb - Early March - Target of 532.68 hit after getting no further than the sell zone.
It bounced yesterday from this support yesterday (along with the market). Today the market looks ready to finally start trending with reality. Tesla breaks 769ish convincingly this morning low 700s are next. Trade carefully and as always these are my opinions and you should make your own trades! Good Luck!
Overall market is looking weak and tesla is too. I am entering short , if it does break up the redline is resistance back to the ATH's. Good luck and make your own trades this is only advice.