Hello friends, This an update on a previous idea. I am still short on #tsla All things in mind Tesla is a car manufacturing company that has to sale cars to make money. Record high unemployment rates in the US. Which is the biggest market for Tesla sales. With Covid-19, I believe earnings will be trash. Earnings will be reported on April 29th. Get...
Great time to short it is now. Watch closely above 760ish to cover but anything below is easy money right now. I attached my previous posts of this same graph. Markets are fading and I believe this will too.
I originally made my initial publish on this website on the 13th of April. This publish is just a magnified look at that one. As you can see, the theory is holding pretty fair right now. Earnings still seem to be expected between the 22nd, and the 29th. Most seemingly expect it on the 22th. I believe as long as many maintain the belief that earnings will be on...
Same chart posted a few days ago. We touched the downtrend line again today. Bearish until it breaks through.
Hello traders, Description of the analysis: Tesla is currently testing the resistance that has the main reaction area around 740. Here I see the probability of short-term refusal of higher prices or consolidation in the band. Remember that primary S/R zones are only zones of increased probability of primarily rejecting lower/higher prices. If you want to own the...
forecasting a potential top using Fibonacci spirals, and outlining how Fibonacci spirals can be used to show tops and bottoms. For those looking to enter price is currently in a neutral zone, look for a short once the fib line is reached. Or go long I dont really care. Above chart is a bit iffy, hope someone got some use out of it.
I think we will see a continuation down to around $450 and ultimately lower like $340 soon if the DOW doesn't go up. And with the economy halted lets not be too bullish. Ultimately sub $200 is easy in this economy. Also note the recent pattern that has appeared with perfect TD9 exhaustions coinciding with fisher transform crossovers. This is not trading...
TESLA SHORT CALL: @ $517, STOP LOSS $525, TARGET $490,$480
Same as SP500. IT did a pullback but i expect lower prices in the coming days-weeks.
it hath arrived. watch out for lows. use them ... wisely. buy the dip? or the cybertruck? not financial advice.
Tesla has experienced a parabolic rise after breaking out of its previous range. Looking to short @ or above 960$ for a long term short position. I expect a sharp decline in price until a retest of the previous range top (400 dollars per share) where i will add to long term holdings.
Recent rumor about covid-19 case at the factory and santa clara county having an explosion of cases makes this very bearish near-term and long-term.
TESLA is one of the greatest and most innovative companies ever. None the less they are over valued and there are tons of red flags within the company. Now is time to short. Overall I am bullish on the Cyber Semi's , Solar City, Model Y. But the corona virus will put this company back at fair value if not discounted value. Some critical areas to watch are...
Tesla short idea. If a breakout below the blue line (approx. $716), Tesla is likely to be sold off for another $100. SL on red line and quickly set to entrypoint.
Dates in the future with the highest probability for price direction reversals