It is clear from the figure that the RSI downtrend has ended and has been tested. Additionally, it appears that the price downtrend has also come to an end. Another supporting factor is the divergence between the price and the RSI. Therefore, it seems that this is an opportune time to accumulate Tesla shares. The first and second target prices are indicated in the...
Based on my previous post, looks like it is what i was expecting
I have been actively bought tesla for the past few days
For the short term view, the latest price action (the Black color line), was a sign
that the price structure has been on going for a change of character (ChoCh)
-this might be a sign that the next path will be in an uptrend
With influx of...
NASDAQ:TSLA has been in consolidation between $170~$175. Last Friday it managed to closed at $177 giving a signal that price is now in breakout. Macd at 0 signal to upside with RSI and William% pointing rising bullish divergence. The first target is $193 .
This a simple one with a destination in sight with multiple scenarios possible. Simulated projections gave rise to the elements in the project where potential support/resistance or influence zone might occur regardless of the path.
I have a slightly grim outlook for Tesla and won't be at all surprised if it slowly decreases in value ignoring the ultimate target,...
TSLA seems to be setting up a dump and pump scenario. Currently oversold on the 1H near a bounce area. Looking for a BIS on the hourly and retest of the lows for a day trade/swing up to 207. Once we get there will TSLA melt or volt higher? Will we get some help from the Market?
#ifthis,Thenthis
Im not an advisor, nor economist. just doing this for fun. Dont Buy or sell or short based on my opinion, do your own research.
Back after a long paus, tesla looks bearish and it looks like it will land in the rectangle which i have drawn there.
This is my own wild and crazy form of chart reading. It’s just based on the movement of data in time and then finding trend lines that begin the formed geometric shapes that merge into these points of centrality that I use as a hub of energy that either attracts or repels the movement of a stock, this along with my current study of how the social media news media...
Given the NEo Wave analysis of the TSLA in 1h, 4h, and daily time frames, we assume that the correction is over, and after the current correction, only long positions are viable.
Chart #1 : Price Target $154
Tesla has been trailing this downtrend line (aqua) and its 50 day moving average (blue) falling 36%, underperforming both major indexes SPY & QQQ up 25% and 27% over the same timeframe.
Tuesday 2 April 2024 Tesla reported vehicle deliveries of 386,810 and production of 433,371 potentially signaling a current demand problem. This...
Should You Short Tesla? A Look at China's Market Rebound and Potential Risks
Tesla (TSLA) stock has been on a downward spiral in 2024, and some investors are considering shorting the stock. This strategy involves borrowing shares, selling them at a high price, hoping the price falls, and then repurchasing them at a lower price to return to the lender. While...
This is a simple systematic Trend strategy where entry is based on two conditions
1. Price crossing over the EMA
2. The present ATR is less than an ATR multiple
The ATR condition allows us to enter trades that has not gapped too much as that usually results in a price pullback
Risk
Fixed & tight SL based on ATR multiples closes trades fast
Closing of the...
TESLA Chart Analysis.........07/05/2024
Long: already at 140 level.
Sl : 100 closing basis
Target : 400 / 600
Enjoy !
Note : Bullish Pennant pattern in TESLA weekly chart. You have to book some profit at 400 level and also trail the stop-loss in the remaining positions.
ALRIGHT, LET'S TRY THIS AGAIN.
Tesla has a cool trend setup, retracement setup and indicator alignment into earnings.
A REALLY STEEP DROP from earnings, past 134 and all the way down to around 96, could trigger a nice move to the upside that you won't want to miss.
I know, TSLA to 74 or 30 or 10 (it's garbage).
Well, no, I disagree. At least in the short...
