Looks like $260+ before end of year if nothing unusual happens before that. $TSLA
The price formed a triple top pattern. How to trade: - enter short only if /when the price breaks the neckline (support) with the volume increase. - target and stop loss are shown in the chart Last daily candle shows that sellers are still in control and more downside is likely. Macro is bearish overall, nothing changed. Good luck
TSLA is oversold on the RSI, and we may see a lot of buying pressure this week to close the gap we made today. Looking at previous RSI bounces, we bounced off levels 29-30 twice recently, so it is possible we bounce back when the RSI reaches around 29 - 30. Please keep in mind that my outlook on TSLA remains bearish, but it is more likely that we may see bullish...
As I said in my prior analysis, breaking this main support will be quite negative for TSLA, but this week we ended up finishing just below the key support that had been holding TSLA for so long, but now that we have broken it. Expect a bearish October in which we will test the next levels of support shown on the chart.
I've highlighted the critical support and resistance levels, where we see more volatility and volume. If we are able to break through that resistance, we will see bullish price action, and if we retest and see a pullback, we will see bearish price action. In both cases, you can use the support and resistance to your advantage.
Tsla still in down trend , despite the split , hype , news We are in 40 years inflation high First target on daily 285 , weekly 260 Second target on weekly frame 206 Good luck - please dont hype
Looks like a clear channel has been formed to the upside with the price target at the intersection between the top of the channel line and the Pennant line at around $347. All Moving Averages looks like a bullish squeeze and converge about to take place
Early in the Week: TSLA & IXIC, along w/ the market as a whole have performed poorly the week after Labor Day. With the current market, I expect things to get very ugly this month. I see all kinds of resistance above TSLA's current stock price of $269 and very few things to stop a freefall to $253-$251, which is my current price target where some more serious long...
Tesla Short Term We look to Sell at 282.85 (stop at 294.03) Previous support level of 280.00 broken. Posted a Double Top formation. The bias remains mildly bearish but there is scope for a move in either direction at the open. Further downside is expected although we prefer to sell into rallies close to the 282.00 level. Our profit targets will be 249.72...
TSLA is headed for a downhill ride if this pattern plays out! Some may say a stock split is coming up but that only changes the price the chart is traded at! Do not buy calls unless you are scalping for a day trade, but I am bearish on TSLA based off price action!
TESLA is going to have a stock split, which will probably have the chart trading from the $350 area, but this still doesn't change the price action/technicals of the chart! Look for puts now and sell around these areas! The weekly head and shoulders pattern still has to form but on the Daily and 4HR timeframe you can see a double top forming as well. Tesla stock...
TSLA GONNA SEE THE PRICE AT LOW.BE CAREFULL AND DONT BUY UNTILL TOUCH IT!!!AND FOR RTM cause its engul kink of origin
Due to the increasing strength of the USd as a result of the increase yield....still looking on to the short of stocks. NB: Red box: rejection zone Blue Box: breakout zone
Tsla had a whipsaw of moves today and ran while the market sold off. I saw the inverse H& S early and set Target Price to $925-927 (.786) This will be final Leg down, creating a "3 Drives to a low Correction into continuation pattern" My target is $895 Pattern invalid if we break above and close above 928 ***CROWN Reversal pattern on 2 minute is happening right...
Tsla trying hard to break the down trend channel Whats next , first target from here will be 750 - 620 - 500 Elon wanted to buy Manchester united , he also knows in football , LOL
Elon sells TSLA if its going up wonder why he would sell !!!!! Not to mention in my TA its over sold , far from shop zone Going to 500$ or 140$ as split coming
Stoch RSI in overbought and price action around top of channel, watch for repeat reversal as it has in the past. Gap near $741 to be filled.
Over the next few days, I suspect that TSLA will hold a big range while it consolidates in between the 850-993 levels as it adds fuel for the next leg up. Forming a huge cup that would put it around 1114 pre-split.