First of all I like to emphasize how extremely happy I am about this rally.
The shorters really had it coming. The incredible amount of arrogance they displayed just had to be punished. And a severe punishment they did receive.
Now of course everyone is thinking that this here has been the top. However, if it would have been the top, the correction would have...
This is an extremely simple observation:
Every time the monthly stoch RSI went to 100, so full overbought, we saw new alltime highs.
That was already twice the case, and I think it will happen again now.
TSLA is on a brutal run, I by the way also called the bottom back in may, it was pretty clear back then that this was a huge trap for poor...
NASDAQ:TSLA has been testing the 815 mark for the last few days and strong resistance lines of 750, keeps bouncing back.. Volumes has died down a bit and due to MMs pinning the stock at around 770-800 range in the last 2-3 days, they killed off the options premiums for the weeklies which expired 2/14.. they will have a tougher time containing it for the 2/21,...
Chamath Palihatipiyah formulated it perfectly: People who bet against this company are incredibly short sighted. They don't see the bigger picture here.
Tesla is a company like Amazon in the early 2000s.
Tesla is like Bitcoin 8 years ago.
It is one of the companies with the greatest upside potential ever.
The shorters get caught up in all the FUD stories,...
Those poor souls that shorted Tesla last year, LOL.
What we have seen in the last 6 months is extraordinary - Tesla has gone parabolic and gained 230%.
There is a reason for this: Tesla is at least 5 years ahead of the electric vehicle industry.
While Mercedes disappoints with its electric SUV, the EQC, and Audi makes a fool of themselves with their overpriced...
Tesla has tried to make a move into the upwards moving channel today. If it cant keep up this momentum and returns to its downward channel we could see it hitting $700 or possibly even $680 very quickly...
again this is if it breaks back below the trendline (which would currently mean a move below ~$780)
Thumb UP👍 if you like this chart!
I took the BITFINEX:BTCUSD candle drop pattern in 2018 and applied it to NASDAQ:TSLA shares. It turned out that exactly the same drop will lead the company's price to its fair valuation in the range of $240-$210. Why this assessment???
The forward P/E is still more than 90!!! Thats incredible in motor vehicles field! And this is...
Hello Tesla investors and fomo maniacs.
Hope you´re not buying here !
I don´t know if this is the exact top (looks like it is to me) but the R:R is definetly not worth the entry anytime soon in my opinion.
What I see is exponential grow which isn´t healthy.
The Doji candle on the Daily chart is a warning sign.
In my opinion down back to 450 USD (at least) is...
Tesla stock price hit an all time high at 544 and almost gained more than 200% from it´s recent low at 190 but an interesting candle is forming a long shadow that could indicate a Bearish pattern if we close below 520
my strategy is to short now at 510 or 520 to target 450
for more information follow me links bellow (SIGNITURE ZONE).
Description of the analysis:
Today I have opened SHORT position on TESLA stock. It is very simple reason for that. Stock left their average and created local extrem situation. This is inteligent speculation.
Hi, my name is Jacob Kovarik and I´m trading on stock exchange...
TSLA and BTCUSD Dec 17
This is TSLA, overlaid with the Bitcoin chart which was a textbook Rodrigue bubble. Suggests a final high around 1050, and then decline until it resumes trend in the 520-550 area.
This is not inconsistent with my other TSLA post which looks different as it's log scale. How about short at 1000, 10% stop, TP 500? RR 5, just a guess.
Price range bounding and just hit the top of the range.
Price Overextended to the upside. (overbought conditions
Time to start shorting Tesla as people are getting too euphoric! just like what happened with Bitcoin.
Tesla has broken out of the downtrend channel and is heading back up. If it continues this trend it will likely close the gap that was made around $850 a couple days ago before heading back down.
The only real support heading down is around $550.
TSLA has been extremely volatile and we see how speculation can affect the stock. I think it's time to take profit because TSLA could be re-testing the 600 level, and if it continues to break support, we can see a greater downfall. Not enough people are buying and many are selling, as we see looking at the RSI.
On 3/4 TSLA dropped $100 with people pulling out at...
TSLA, vemos este Tremendo Rally, si bien en el último tramo no era recomendable entrar, quien estaba adentro, podía seguir ajustando Stops mientras la tendencia y los indicadores acompañen, todo esto sucedió hasta que apareció el enorme DOJI el día Martes 4 de Febrero, el cual también fue el día con mayor volumen de la historia para la acción, hasta 10 min antes...