In 100 years, Tesla will be known as a robotics company that began as an auto manufacturer. Elon has described the coming robot products to likely bring the most profit and future growth for Tesla. EV cars are becoming more commoditized and margins are shrinking. Robots will be the next major class in consumer tech products, after smartphones.
Remain vigilant for daily reversal candles occurring near the support area. In the event of a daily closing breach of the support levels (red lines), there is a possibility of further downward movement, emphasizing the importance of implementing risk management strategies.
Continuing our discussion on trading chart patterns, this is our next tutorial after Trading Converging Chart Patterns This tutorial is based on our earlier articles on pattern identification and classification. Algorithmic Identification of Chart Patterns Flag and Pennant Chart Patterns In this tutorial, we concentrate on diverging patterns and how to...
My dear subscribers, TESLA looks like it will make a good move, and here are the details: The market is trading on 147.01 pivot level. Bias -Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 155.99 About Used Indicators: The average true range ATR plays an important role in 'Supertrend' as...
For years now TSLA has been leading the NASDAQ. A year ago this came to an end as TSLA started to underperform the NDX. TSLA is now the red-headed stepchild of NDX. While everyone only sees a big drop today, they do not realize that TSLA/NDX has cracked a major fully formed valid structure. This is far worse for the future of TSLA stock value. I usually post: ...
Deep state after Musk. Unethical shorting, however looking at value pre "self driving cars", "robots", "value of cars only goes up", "spacex=tsla" I think you can ethically short the company without bringing in politics. Share price is 50% off high, and further off 1/2 of that high, and looks to be in a downtrend that is almost 50% off that high. Without...
big support at 175/158. stops are at 130-140. this is a long term idea do ur own research. Use correct RISK management, no financial advice
Purely the RSI crossing the 50 mark has me worried here. Were in technical support and accumulation here and if we break the green level I can see us working our way down to the lower channel. Everyone is betting against Elon BUT the retail investor since its peek and for some reason. If inflation ticks up and fed keeps a stern stand on rates, this thing could...
Tesla Long story short !!! we may see small pull back before the last wave is formed
🔴 Resistance - 170 🔴 🚀 Target - 173 - 177 🚀 🟢 Support - 167 🟢 🚀 Target - 164 - 162 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION &...
If can break and hold above 171 then 174 - 175 is in play.
TSLA is not out of the woods yet. The weekly chart shows that the RSI of the Jan 2023 low needs to be taken out with one more low to complete the large WXY structure... at least down to the 110 (?) area. The strong bounce over the past couple of days is a relief bounce to correct the Dec 2023 down cycle. The bounce may reach 0.5 retracement of that cycle,...
Price is taking the trend line support and moving up. Where we can expect next resistance? 179 - 181 zone will be the next resistance if price gains strength to move above 172. Buy above 172 with the stop loss of 170 for the targets 174, 177, 179 and 181. Sell below 166 with the stop loss of 168 for the targets 164, 161 and 159. Hit the like button to Rock !!...
🔴 Resistance - 162 🔴 🚀 Target - 165 - 170 🚀 🟢 Support - 160 🟢 🚀 Target - 156 - 151 🚀 🚫 Manage Your Risk & Reward As Per Your Risk Management 🚫 🔥🔥 Levels Works Best on 5 - 15 Minutes Time Frame 🔥🔥 ❤️❤️ MARKET SECRET ❤️❤️👇 1. TRADE WHAT YOU SEE NOT WHAT YOU ASSUME 2. FOLLOW THE TREND BECAUSE TREND IS YOUR ONLY FRIEND 3. CHART IS SUPREME 4. YOUR ASSUMPTION &...
TSLA broke today its Resistance Level at 165....currently trading above 170. Next strong resistance is at it's 200 MA at 200
Tesla=Elon=Tesla TSLA Bears are an interesting bunch On one hand I sorta see why they feel ole' Elon will be the downfall of TSLA (and the world! run! Elon is coming!) On the other hand ole' Elon has enough paper and relationship assets to continue to push his ideas forward So will ole' Elon run TSLA into the ground? Maybe, Possibly...but not yet
A weekly bullish close above last week bearish bar would signal high potential bull rally on #TESLA in the following weeks to come.