TSLA is trading at a potential bullish double bottom which could bounce off its 4 year support level around the mid $160s. If it bounces on the weekly, look for a continued bull trend. By applying a Fib extension, look for a price objective potential of hitting $504.51 and $753.38 in the foreseeable future from a technical setup. TSLA is currently in a 4 year...
Hello Traders, welcome to today's analysis of Tesla. -------- Explanation of my video analysis: After Tesla started an insane pump of + 3.200% in 2019, we saw a top being created in 2021 and since then, Tesla has been trending towards the downside. You can also see that there is a significant horizontal structure level at the $200 area and Tesla is about to...
boost and follow for more 🤝tesla bulls holding the line at support zone, and QQQ looks ready for another bull run soon. I think we will head higher to 201-240-246 from here. old trend support may turn into new resistance in the next rally.. so watchout for that. 👀 thank you to everyone that's been following me for years or if you are just following starting this...
Time for a new updated chart in TSLA. TSLA has now formed a MEGA Bearish structure. While we are not near a Key area at the moment. The initial formation does not look good for the Bulls going forward. At this point, it would take a lot of effort (buying) to change the message of the market in this chart. While anything is possible it does not appear likely at...
I knew this selloff looked oddly familiar... looks like 2H 2016 all over again Today's candle looks like November 21 2016 (Red circle on left chart) The similarities are even down to the daily RSI divergence Rally should start within a few weeks here...
Tesla (TSLA) has been an icon of innovation and disruption in the automotive industry, but recent developments indicate stormy weather ahead for the electric vehicle giant. Despite its past successes, TSLA's trajectory seems to be shifting towards a rocky road, with multiple factors signaling a potential downturn. Production Hurdles: Tesla's ambitious production...
My Plan: Calls > 178 II Puts <167.50 VERY tight INSIDE week killing premiums with a POWERFUL Fibonacci Harmonic SETUP This is MAKE OR BREAK time - I PLAN to fully automate my options plays ❤️if DOWN!
Bullish Divergence on RSI and MACD but not at the desired levels yet. Would like to see it drop to $153 where it would bounce of the support as confirmation before going higher. If it ends up going back to support, it would most likely create a new wave for double bullish divergence which could make the argument stronger. Keep on your watchlist but not at the...
Big bullish divergence in RSI Big Bullish Divergence in MACD If there is a time to put in a higher low, its now. Not much room to go down without breaking down. Sentiment is awful, newsfeed is terrorizing, Contrarians take note. The 3 underperformers could send indexes higher while other stocks cool off. TSLA/AAPL/GOOG I think it is time, maybe one more dip...
Well finally there's something to look at. Ascending Triangles usually breakout in the direction of the Dominant Trend before the pattern formed so my expectation is a drop to $223 in the near term. The MFI is also pretty weak and the TSI is looking like it's about to break back down below the center line in the next week. Overall this is Not looking Bullish.
The details are self-evident on the chart ... been following this guy since the beginning. An end of an era or maybe just a slight reset until what's next reveals itself in the charts. Fib extension of 2.272% maxed out at the top. If you're a believer, plan your next steps accordingly. And, enjoy every sandwich :)
All hypotheticals, something to ponder on. I like to use the 2 day time frame when looking at moving averages because they uniformly react to them much cleaner and more predictable then shorter/longer term time frames. Not only is Elon under fire from wall street and investment groups like no other period in time, his own board of directors are trying to boot...
This is a Thread, so Follow for Technical Analysis performed with TrapZone Pro & UMVD Indicators. * Trend is Based on TrapZone Color * Bar Colors give us Momentum Green from strong Up Moves. Red Bars point to strong Down Moves. * Red UMVD = Selling Pressure & Green UMVD = Buying Pressure. Purple is for Divergence = Battle of Supply &...
Tesla, following the previous down-trend, broke from a symmetrical triangle & is ready to hit the previous lows of 103-115 level
Looks increasingly likely that TSLA will hit below 100 post-earnings in April 2024. TP: 87.5
Price still trade at lower band of the channel, waiting for price to break to the downside to test weekly BPR. However price pushes for a bullish correction ,probably testing the fibonacci GPZ then price pushes towards the BPR. Once price bounces into BPR (possible retesting of the zone) long positions can strongly be considered.
Ok, my dowsing keeps talking about TSLA. It started Sunday with a long into Wednesday-Thursday, and to expect a reversal down. Then, Tuesday I was getting similar numbers as Sunday for a high in the 183 area. Yesterday it gave 182, so it's kind of a zone. I did have the 178 number (hod) cuz I know I posted it as a target yesterday. It might only be a first...
Dear Fellow Traders, I am pleased to share with you an incisive examination of Tesla's stock behavior, underpinned by extensive trading experience, particularly in the derivatives market. The meticulous scrutiny of Tesla’s price action has enabled me to anticipate its oscillations with considerable accuracy. Upon close examination of the technical chart, we...