- GOOGL MSFT ER Tuesday AH - META ER Wednesday AH lots of big techs shaping up enough room from its drop to shape up a daily downtrend now we will see how earnings come in to see if it shapes up.
Tesla, Inc.'s second quarter earnings confirm our view that the stock is one of the most overvalued stocks in the market. Tesla's stock has been rising this year amid a sudden shift in overall market sentiment, with many investors now pricing in a soft-landing scenario after a brutal past year of Federal Reserve rate hikes. But the shift in market sentiment...
Tesla 2019 Vs 2023 - Repeat Megaphone pattern? - Repeat Megaphone breakout? - Repeat 10% pull back before major move? If we confidently break through and close above resistance or get a 10% pull back, it could be worth putting in place a position with a stop under resistance or a tighter stop if its the 10% pull back scenario. We could still revisit the...
Tesla has hit a critical resistance that may take months to break through.
NASDAQ:TSLA Possible Scenario: Long Price Targets: TP1: 284$ TP2: 300$ Evidence: Inverse Head and Shoulder on 1h chart Break out conformation of the previous resistance level of 276$ Break out from the bearish channel with massive Volume Rejection at the EMA50 as support and continuing the bullish price action
If you haven`t bought the trend reversal move: or the Bullish Pennant Pattern: Then analyzing the options chain of TSLA Tesla prior to the earnings report this week, I would consider purchasing the 280usd strike price Puts with an expiration date of 2023-9-15, for a premium of approximately $21.65. If these options prove to be profitable prior to the earnings...
Hourly downtrends confirm on all mega cap tech and QQQ/ SPY will see if bears are serious about confirming daily and 4h downtrend in the next couple trading days.
Hourly downtrends confirm on all mega cap tech and QQQ/ SPY will see if bears are serious about confirming daily and 4h downtrend in the next couple trading days.
Tesla is appearing to put in a weekly engulfing candle. This will be a bearish candle formation if it happens. If Tesla loses the 100 Weekly MA, bad things could happen.
Earnings brought forth a pretty big sell off. In hindsight, the oscillator cross yesterday was initial indication a short was the right play, but ER could have gone any which way making that a signal lacking confidence. What happens now is the question. We've cleaned up this chart a bit: My long trade was wrapped up on 7/17 2 gaps are gone 3 larger gaps...
Quick sketch up of some possible paths for TESLA ( NASDAQ:TSLA ) long-term. According to this, we are in the middle of the 2nd leg of a 3-wave long-term weekly correction that started in Nov 2021. Wave A completed at the end of 2022, kicking off Wave B for 2023. Expecting some short-term turbulence on the way up back to the ATH at (B); could see a small dip back...
NASDAQ:TSLA reported earnings after market close yesterday. Pro traders took profits before the close as the run became technically overextended. It gapped down today, but not on the extreme volume we'd expect from the usual HFT activity around earnings. Profit and Operating margins are decreasing quarter over quarter, but revenues and net income are...
Wait for price to bounce back to 300 level again and buy at 300. target 400 by end of aug 2023. August -sept, tesla will show some extraordinary move
TSLA has returned well over 100% since it 'bottomed' this year, however I don't think this is the real bottom. Having the cheek to say it here but we will most likely dump when we reach resistance @gap fill $260. Mixed with macro and slowing economic growth I can't see it reaching $300 this year unfortunately, $280 maximum IMO. I have taken a small short...
Tesla is having an approximatelly -7% decline at the time of this analysis, the strongest we've seen since the April bottom. This was enough to turn the 1D timeframe neutral in an instant (RSI = 54.820, MACD = 15.050, ADX = 39.955). The question is obviously, is the stock still a buy? Yes but as close to the 1D MA50 as possible. This is a 1W chart, so the 1D...
In the recently released Q2 2023 earnings report, Tesla Inc. presented a record quarter on multiple fronts, showcasing its resilience and innovation in a challenging macroeconomic environment. The electric vehicle and clean energy company reported a 9.6% operating margin, GAAP operating income of $2.4 billion, GAAP net income of $2.7 billion, and non-GAAP net...
This pattern on TSLA fits the outline for a diamond reversal that is referenced on Investopedia. It has all the "classical" facets of a diamond reversal which is a high (A), a low (C) a higher-high. Furthermore, this is happening alongside a very similar pattern on NFLX and some bearish patterns on many other stocks. Similar forms also occurred on SPX in...
NASDAQ:TSLA has the potential to see one more push higher to the upper resistance, or it could top right here. Regardless of what happens in the very near term, this chart shows the range that price should trade in over the next year (which is largely to the downside). If price decides to roll over here, then the first big target should be $184. However, I...