Fisker is down by 50% this year. It is not a bargain but it is a candidate of a short squeeze. Remain in the sidelines.
Pair : Tesla Index Description : Impulsive Waves " 12345 " Completed and making its Corrective Wave " A ". Rising Wedge as an Corrective Pattern in Long Time Frame with the Breakout of Lower Trend Line. It has completed its Impulse in LH - LH , it will make its correction
Yesterday, I observed some unusual blocks of calls in the options chain expiring on Feb 23, following the earnings release. One of the most substantial positions was in the $20 strike price call, with options traders paying $1.7 million in premium. Listening to analysts, some mentioned they expect a 'TSLA Model 3 moment' from RIVN as well. In addition to...
NASDAQ:TSLA TP1: 230$ TP2: 212$ EMA Crossover: The EMA9 crossing below the EMA20 can be a bearish signal, indicating that the short-term momentum is declining relative to the longer-term momentum. This might suggest a potential downtrend. Current Trend: The chart shows a recent bearish movement with the last few candles trending downward and closing below...
In a technical analysis focused on Tesla's parallel downtrend below the 50-day moving average (MA), we're examining the stock's price movement concerning its short-term moving average. The 50-day MA is often used to gauge the intermediate-term trend. If Tesla is in a parallel downtrend below the 50-day MA, it suggests that the stock's recent price movements are...
NASDAQ:TSLA positive ratio for long trade. if you have any questions do not hesitate to contact me.
This is Similar to the Uber profitable BLRX Trade. Buy Puts, follow the Trendline down
TSLA opened green despite the bearish news and sentiment over the weekend. We have not reached the green support level yet, I think there could be more downside this week. A bounce above support would be bullish, I'm still monitoring for this rebound to turn into a dead cat bounce before a move lower down to ~ $170 over the next few months.
It would appear that LUCID GROUP is facing a sell off based on bad new, dilution of shares, lack of consumer demand. However, based on technical, it would appear to be a very aggressive sell-off it was a sell-off. Not beneficial to not allow for market to recover in regards to liquidity. Based on the aggressive downside moves, the probability of a cat bounce...
Tesla has fallen sharply in recent days and has now reached more or less the levels at which we expect the low of the blue wave (ii). Accordingly, our primary expectation is that the price will soon reverse and continue to rise - we expect it to rise above the $258.74 mark. Only the 35% probable alternative would shift this reversal into the future. This scenario...
It's not looking too good for NASDAQ:TSLA holders right now. TSLA has 6 rejections off the yellow resistance line and has been dropping rapidly after the most recent rejection. The green trendline ($207.50) is a key support level on the way down, and there is likely to be a dead cat bounce there before further decline. For now, $207.50 is my short term price...
TSLA on a 15 minute chart is showing bullish volume trend as detected by the Unusual Market Volume Detector indicator. Green color showed up after consistent Red for the last week or so. The bullish Price Action is consistent with the bullish volume trend. Watch out for any Divergence i.e. Purple color in the lower panel. More importantly what color shows up...
Price Action and Volume analysis for TESLA chart as of 10-19-2023 Long term trend is still bearish with short term retrace back close to the TrapZone is possible in a near session.
I think there is more downside to TSLA, Right now the relative weakness may put it out of favor for the next few session. Keep an eye for volume divergence and GREEN to enter log for a retrace/scalp or stay short until Trapzone is RED !
I would stay away from TSLA, Its choppy and sideways. I think after this week the market will make its move. It is in fact a Roll over week. Watch for fake breakouts and play safe (small/ Intraday) if you have to.
Watch out for Buying at the tops, that promptly follows with selling. We are going to correct the S&P500 and other indices so be careful if you are long TSLA * UMVD is red and so is Market strength indicator. Prices are stuck under Red TrapZone*
My dear friends, Please, find my technical outlook for TESLA below: The instrument tests an important psychological level 218.79 Bias - Bullish Technical Indicators: Supper Trend gives a precise Bullish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 240.72 About Used Indicators: Super-trend indicator is...
Primary Chart : TSLA's 2D Price Chart with .618 Fibonacci Retracement of Decline from All-Time High to Jan. 2023 Low and Various Degrees of Trend Represented by Conflicting Channels SUMMARY: 1. TSLA's technicals are unclear and conflicting. The trend from the 2021 all-time high remains downward until broken. The trend from the January 2023 low remains upward but...