Tesla had an extremely strong weekly candle last week, and am expecting to see continuation into this week. Possible we see a slight pullback first, but I wouldn't try jumping in front of a moving train. I'm already positioned long from last week.
Possible we see a new ATH this week... long term outlook still the same as it has been for months now.
Ride the wave, and cash out before earnings.
Technicals mean nothing for the Tesla Machine as investors want to buy in before earnings.
Does this indicate we are guaranteed an EPS beat and stellar conference call? What about future outlook?
I need your help on this one! Comment your thoughts on Tesla and research backed support is a must!
No Tesla fanboys...
TSLA easy price action. If you were patient in shares don't ever sell them until it hts $3200. You can still buy shares here and be happy with a 4x. Over Fridays close we see 869. Look for some sort of cool down day. I would expect $900 by next week. BTFD in full effect now.
2 scenarios in this run up to earnings for TSLA.
1. TSLA beats analysts and does really well this past qtr but with the major disruptions in supply chains and China the past couple of weeks, people can begin to price in not so great numbers going into Q4 and take this opportunity to sell the news.
2. TSLA doesn't do as forecasted and undershoots analysts and...
TSLA has been doing very well. Chart wise we have seen an uptrend now since this past May. The uptrend should continue. Next major area of resistance will be around the 900 mark. It smashed a previous resistance area of 783.. it didnt even touch it for support it just kept going!! Expect continued solid bull trend from Tesla! GO ELON GO!
Currently watching TSLA because of the hype over Q3 earnings (to be announced).
About this setup:
- Investment horizon: Medium term (i.e 2 weeks to a month).
- Timeframe: Daily chart
- Strategy used for backtesting: Mean Reversion (ATR) Strategy
Idea: Using Price by Volume Histogram to find current support. Also, we want to mimic the initial point of...
Hi there,
Tesla still looks bullish but price action is preparing a big bearish move to the downside, wait for wave 5 to complete to short it, or just go long with it till we near the top.
Target 400
Good luck
From following #tothemoon hype from r/wallstreetbets , I have obtained a small security of $1 million starting with a $1000 account. I have continued learning trade analysis and options trading techniques since then for the past year and have been able to grow my account to $1.87 million. Don't believe me check it out: www.reddit.com
I have been a TSLA trader...
TSLA mega bullish on both daily and weekly time frames. Weekly setting up for $890-900 into next week. Im already long on this @677.19 but this is where I'd go long again if you missed the run. Pt $980-1000 eoy.
TESLA is beginning the last move of its impulse rally since 2019. Given we just finished a triangle for wave 4, this is likely the 5th wave. 5th waves are conservatively either 1:1 or 0.618:1 ratio with wave 1. This puts TESLA to target at least 1764 if 0.618:1 ratio, and 3365 is 1:1. These are rough conservative targets and price action could definitely...
Have no fear of perfection - you'll never reach it. Salvador Dali
Tesla and Bitcoin Destiny tied up together..!
What links Tesla and bitcoin is not just Elon Musk, but it is traders and investors who participate in the trades!
Since both are volatile more than many other assets in the world, and their market cap is high, it also makes the two a very good target...
