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...
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-$210. Why this assessment???
The forward P/E is still more than 90!!! Thats incredible in motor vehicles field! And this is...
Hi Everyone! Its been a while since my last post, so lets dive in to the point, without losing time!
So what we are seeing here is a parabolic move with hype will end in a big crash!! When we look at the fundamentals we are still not able to see PE ratio due to earnings being negative and the PB is close to 20. It is a crazy thing to see that an manufacturing...
TSLA expected to rise up to 1st resistance at 253.4 where it could potentially react off and drop down to 1st support at 227.80.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Chamath Palihatipiyah formulated it perfectly: People who bet against this company are incredibly short sighted. They don't see the bigger picture here.
Tesla is a company like Amazon in the early 2000s.
Tesla is like Bitcoin 8 years ago.
It is one of the companies with the greatest upside potential ever.
The shorters get caught up in all the FUD stories,...
Resting on monthly 100 EMA
Leaked report showing growth and positive news
Weekly RSI touching 20, primed for reversal
Risky tho, the media and bears love them some Tesla.
TSLA has been in a range and a pattern is repeating itself.
For more confidence wait for signs of price weakness.
Good opportunities for better entries, more confirmation and better R/R.
Good luck and be patient.
Remember to have small risk, (I usually stick to 0.1-0.5%) It's better to be comfortable taking a loss than...
Buy after Breakout or Buy on Support Zone 240-250$ and Sell 400$.
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
TSLA is closing underneath the Weekly Cloud bottom for the first time since inception.
I believe this means more than consolidation, as the path-fitting has given extremely valid signals on bottoms running up the Monthly so far.
This is an extremely strong signal given the prior path validity and being a longer time frame in agreement with repeated signals...
Elliot Wave analysis of TSLA stock pt.2, this chart is based solely on technicals and not fundamentals.
This is pt.2 of my Elliot Wave analysis, if you haven't seen pt.1 I would implore you to check it out below. Let's get started. There are 2 major scenarios at play, since both scenarios have similiar substructures, there have been 2 analysis' made; one...
Elliot Wave analysis of TSLA stock pt.1, this chart is based solely on technicals and not fundamentals (Besides me noting that Elon is getting euphoric)
It seems we might be in a Expanding flat correction, where B wave goes above A wave by 1.236 - 1.382%, the substructure for this is a bit hard to count since it stopped at 1.618x of the preceding impulse wave,...