On TSLA as you see on the chart we have a sell idea because we have the breakout with force the support line and the vwap indicator by a big red caandle follow by a large red volume! Thanks!
TSLA might be forming a massive head and shoulders pattern on the 4hr chart. If price can maintain current levels we could see a quick push to all time highs. Just need to break the neckline for an explosive move!
Elon announced exciting news about their Lithium factory as a "cash printing machine for 2024" . News like this could help spark a rally in the ticker...
Even though TSLA 'st recent earnings report was quite underwhelming. the price might come to 250 , as More than 9.4 million plug-in electric cars were sold during the first nine months of 2023, accounting for about 16 percent of the total car sales globally.
Amid the FUD published around Tesla, when market's in fear, it's time for us to be greedy.
4h, 1d RSI are at the bottom, I took my chance to grab some around the yellow box as it's likely to be the end of ABC correction pattern, before it stays sideways making some accumulation moves. If it moves downward again, get some more for DCA.
Long term investment only,...
1. PUTS THESIS :
My bearish outlook on Tesla (TSLA) is rooted in the anticipation of challenges in upcoming quarterly earnings. Key factors include potential production bottlenecks, supply chain disruptions, and increased competition in the electric vehicle (EV) market.
2. Time Horizon:
This is a short to medium-term bearish position. The goal is to capitalize...
2 days left, who will win ? i am more interested in trendline breakout because i feel more at ease shorting the market and target would be around 215 but if the bulls break 223 i will def be bullish. I really like how NASDAQ:TSLA closed today.
Tesla extended up in its last rise if it was indeed a wave (4). It went up and tagged the 1.0 to slightly breach it. This alone makes me really start to doubt that this is wave (4). We did not breach the 0.5 fib retracement though. The question is, was that just to confuse more people. Because as I said we breached the 1.0, penetrated the last wave iv high, made a...
Complicated chart and sorry for the messy look but there is a lot going on here )o:
This was a difficult chart to analyze due to M structures that I tried to differentiate by calling the larger M, M1, and the smaller M is M2. M1 and M2 are also marked on the fib levels as they differ but they also line up with both fib tables, just different fib fractions at each...
Hello friends
In Tesla share, we see the formation of a 5-wave pattern that is finishing the 4th wave
According to Elliot's classic rules, wave 4 should not enter waves 1 and 2
But Robert Preacher has allowed 5% immigration
So, if the price crosses the set red range, our scenario is invalid
But if our theory is correct, the rising wave 5 will form and the price...
🟢 Buy Above - 222 🟢
🔴 Sell Below - 219 🔴
🔥🔥 Levels Works Best on 5 Minutes Time Frame 🔥🔥
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Hello! let´s have a look to TSLA.
We expect that the price first go higher and reach the down sloping resistance line. After that we expect the price go down to the down sloping support line.
It is time for short position when the price meets the resistance line. Target is the downsloping support line.
Take notice at the repeating pattern you get when you start to see higher highs and higher lowers. What starts to emerge is a 1-2 then run system.
I try to show this clearly in the smaller timeframe by marking it with
1# hump in purple
2# hump in yellow
Run = white arrow
And in...
Tesla been flirting trying to break 224-227 price range to fill some gaps to 232 but if we cant hold 225 or break it, we can test 212. this set up is really interesting tho
TSLA is expected to close up the gap around $243 in the near term to unfold its corrective cycle, rejection of $240-260 settling lower under $214 will likely see selling pressure intensify towards $160 area where the C-wave is expected to complete this whole A-B-C corrective phase, tactically is more prudent to wait for this extreme pain to initiate core position...
I think that slowly many people will realize that driving a electric car isn't it. High cost to get one, materials gathered by modern slavery, oil prize going down. Well, looks bearish at first. But in the near future Tesla will come up with something big. Something that will be better then driving gasoline. As you can see in the chard we can see a beautiful...
Monthly Time-Frame:
--> Evening-Star --> target: around $97
--> 14-period Monthly RSI rejected by 20-period SMA --> most likely going down
Position: SHORT
