I think that this share is in an upward trend.
Currently, the ascending wave 3 has been completed and the share is in a corrective A B C trend, in this A B C wave A is completed and we are building wave B, wave C will be much bigger and faster.
Trading tip: Personally, I will trade wave c, and the return point or trading target may be a little lower than the...
we about to have huge test around this level (180$/200$) if we break that level we have a bullish reversal for Tesla and going towards the 230$ and then 313$, if we got rejected we have to hold above the 150$ in order to confirm that we dont have a sell off then bounce from our ascending line and try again to break that level .
we broke from our bullish flag , which gave us a change from our bearish trend, we've got a resistant to over come to continue that bullish momentum around the 123$+, to go towards the first poi taking 136$, and then the 167$.
on the other hand if we didn't over come that resistant around the 123$, we going to test our support above 114$, if we didn't hold it ,...
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...
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 $347. All Moving Averages looks like a bullish squeeze and converge about to take place
we need to hold above our current support 840$+, in order to retest the resistant around 947$, and have our breakout and squeeze over the 1000$+, before the split in 2 weeks from now .
$TSLA stock climbs after beats its earnings expectation few days ago and continue to soars after fed meeting. No major news about the pipeline just pure technical breakout.
as for the chart pattern, TSLA is making lower high and i expect TSLA will pull back tomorrow, before is starts to push to high again.
here my price target for $TSLA for monday...
Hi there,
Tesla has been pumping up recently.
Tesla has reached the top channel and resistance. If it breaks through channel top resistance then bulls are here.
I am looking for short so check it out and let me know what you think
thanks
we dipped below the strongest support the 700$, however we close 1D candle over the 700$, that show us the strength of that support , if we want to make this our bottom , we need to hold above the 700$ and test again the current RS around the 833$, cause if we have 1D candle below 700$ SP , we will see a new support test above the 550$.
and still the 947$ is...
Great Buy Signal at the bottom of pennant with Stock RSI in oversold territory. Coiling into imminent breakout to the upside intact. $1,500-1,800 price objective per upward channel by EOY.
we still holding above our strong support which is the 947$, and above our EMA, continuation and holding above this support will confirm the bullish momentum, and retest for the squeeze area near the 1200$.
we have one Resistant lift at 1200$, which will be another breakout, and seeing all time high for tsla, but we expect a bit of fighting back from the short around this area , but we need to hold our first support to confirm the strength of our trend , other wise we will go back to the second support .
holding above the 1200$ will confirm the bull-run contention for tsla .
TSLA is on an aggressive down trend from the weekly down. The daily is the main point of entry which was missed at $876.90 that started the overall trend, we then focus on and the weekly as the overall "tp" ... please do your own analysis.
Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single...
