TSLA is the hottest stock in the S&P right now with the options premium making up over 50% of the top 50 tickers. It's no wonder our Cookie Monster is nom nomming all the poots. Watching now to see if TSLA breaks resistance 1112 for a move higher and possible a shot at ATH by Christmas. All the Shorts will get for Christmas this year is coal in their stockings.
Coming into this morning Elon Tweeted something or other that pumped Dogecoin. This was annoying because I had a remainder short but an annoyance does not make me ignore opportunity. On the morning's scans came a Spike Alert on NASDAQ:TSLA . I have been looking to get long Tesla for a while and this morning presents the setup. The Spike Alert is the trigger...
Possible buy here, wave 4 correction complete with wave 5 to the upside to come.
The 980 level had been pivotal on several occasions....not prices have finally taken it out. We could easily see a move back towards 750. Right now we are kind of in no-mans land in terms of key S/R Levels to play off.
We got another Xmas gift from TSLA brewing here. I love the pre market price right now and if we open below the enter line this baby is going to run I think. If it opens above wait for a break to get in
#tsla #daily #stock #trade #trading #tsla/1d #1d #sockmarketanalysis #analysis #technicalanalysis
High Growth Stocks are taking a hit and TSLA's delay in drop is coming to fruition. Between possible interest rate hikes in the future and Elon cashing out millions of shares, its due for a pull back prior to its next leg.
Tesla go short below 950. 900 should come next and expect a bounce there. Gap will be filled and portfolios/trades will be put into Powell's hands.
looking to see if we get a further sell off on tsla, 950.50 is a double bottom on the 4hr and 1 day, if that breaks we can might be able to get into the gap that looks like starts at 944.20
is not likely but sometimes in history stocks go back to 0.78 level so follow
$TSLA has been trying to push up above $1100 but fail. right now its sitting just below the support line. base from the previous dip, this could be a possible supply and demand or consoidation as we wait for fed meeting and severity of the new covid variant.
the medium-term picture remains to be around $ 700. For the short-term expect a pull-back to $ 1,050 before going downwards again. Short-term strategy BUY $ 950-975 with profit objective $ 1,040. Medium-term players, educe position and re-sell $ 1,025-1,040.
Elon still has a ways to go until he's done selling 17mm+ shares equalling 10% of his ownership. With that being said, I can't see large institutional investments being placed into his selling. Along with the fear of persistent inflation and hence margin pressure for the company, continued short-term selling pressure till the beginning of the new year is...
Tesla ended the day just below the level where dealer gamma turns net negative and volatility is likely to increase. At 950, just below the current price there is a major put barrier. One can assume that dealers are fully hedged by now and should the price trend upwards tomorrow, then those hedges need to get unwinded, which could jumpstart a rally. On the other...
On a serious note, I do think TSLA doesn't look fabulous... And will have some corrective phase for the coming months. I haven't used Three Falling Peaks method before but I do think it's applicable TA wise. A break below 945-950 will almost certainly fill that gap imo. After, it might have some relieve and revisit 0.618. If not, 775 seems like a logic and...
Closing below the Daily 50 EMA after a sharp rally could push the price to the 50 EMA weekly as the next Support level! looking at the past 2 corrections shows this clearly! The target of the bearish case could be 750-800! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these...
Key level of support, expecting bounce here. If it breaks below this level, I'll expect a mid-term short opportunity. However, currently my Analysis is edging towards buying.
#TSLA Projection $760.00 Demand zone broken bears in control, A triangle pattern was formed at this upper-level and has been violated to the lower level prices are now heading back down and should move the width of the triangle. NASDAQ:TSLA