The overall picture is sideway down. TF Month - Bear Signal TF Week - Close to the turning point
The overall picture is sideway down. TF Month - Bear Signal TF Week - Close to the turning point
Simple Double bottom chart pattern has been in making and it is presenting a bullish signal technically . This means a movement towards the channel top of 221 Entry @ current price Stop loss @ 168 TP @ 221
Tesla got almost oversold technically on the 1D timeframe (RSI = 36.047, MACD = -6.760, ADX = 34.229) as it made a new 10 month Low trading under both the 1D MA50 and MA200. The 1D CCI though is reversing, being traded inside a Channel Down. The previous two times this pattern emerged, Tesla formed a bottom. In November-December 2023 , the price rallied by +35.91%...
I get a lot of questions about TSLA, and I can tell that many of you are eager to buy this TSLA dip. However, I'm seeing a lot of bearish signs for TSLA and I don't think there will be a buy opportunity any time soon. The green support level has flipped into resistance, and TSLA is forming a strong move down this week. I have $164.76 as a key price target for a...
NASDAQ:TSLA reported quarterly earnings after hours. The initial reaction has been negative but that can sometimes change during the volatility that continues during the conference call and later the next few days. This post will not delve into the fundamentals as a some prior posts have done. After all, markets are presumably efficient and discount all new...
Daily and Weekly charts are both Downtrend and Bearish. TSLA Price Structure forming Support and Resistant at every 50$ interval. i.e Major Support and Resistant are at 100, 150, 200, 250, 300... (Please remember this levels) We have seen 250 rejection Dec 2023, Breaks 205 Jan 2024, pullback and rejection at 205 last couple weeks. 205 is now become...
Keep It Simple and Trade With the Trend. As a trader, you have probably heard the old adage that it is best to "trade with the trend." The trend, say all the pundits, is your friend. This is sage advice as long as you know and can accept that the trend can end. And then the trend is not your friend. There are multiple ways to spot trends, direction, and...
NASDAQ:TSLA TSLA bull setup need to brake above this trend or to be a chewing toy for bears. waiting for a base pattern to emerge and a brake above for entry. breaking below the 21EMA is used for exit.
TSLA Stock Price Falls Over 9% in Just 2 Days The day before yesterday, trading in TSLA shares began at an opening price of USD 199.34; trading yesterday closed at a price of USD 180.51. The fall in TSLA shares led Musk to lose the title of the world's richest man to Jeff Bezos. The main driver of the decline in the price of TSLA shares was news: → about the...
TSLA has gone through a significant sell off recently from its high of 200. After breaking below its support line its has recovered some. This does not appear to be a false breakout down as the stock has failed to recover enough to be above the resistance. We should expect it to bounce off the resistance level and sell off some more. Overall I remain...
Be Patient and wait for April with this bad boy. 9 Count is already underway.
Wild but expected by myself. Careful out there friends. Very simple trade here. Take your time, short bounces. BMRs can be violent. Make sure to buy time.
This is going to get interesting. I find myself lazy to post charts but also wanting credit for the Gold in my brain. Its time ⌚
Support Case: I've spotted a reverse head and shoulders indicating a reversal to the upside (bullish) up into the region of 212-206. Additionally there's a zone below the left shoulder at 178 down to 162 where Tesla has bounced from previously. So pretty good support from what I can see. Bullish Breakout Potential: I've drawn a symmetrical triangle from the...
In mid-December of last year, NASDAQ:TSLA broke above the falling trend line. At that point, I predicted a continuation upward to the next resistance level at 300. However, after initially rising to 263, the price began to reverse and what initially appeared to be a resumption of the upward trend turned out to be a major false break. In January, despite...
Everyone is bearish TSLA and has been for weeks, which makes me like this idea as a long. Once TSLA breaks $204, we should see a strong move higher. I've marked off key resistance levels to the upside that I think TSLA could make a move to. Let's see what happens over the next couple of weeks.
My dear friends, Please, find my technical outlook for TESLA below: The instrument tests an important psychological level 202.66 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 196.76 About Used Indicators: Super-trend indicator...