Still lots of opportunity to swing this on the way down.
Tesla rejected the 1.618 many times and has formed a strong resistance there, I see current support 260-245. If price comes down more I would be watching 250-220 range around the green trend. If Tesla makes a new high and breaks above 1.618 I would target the fib levels above, so the 2.0 first. Fundamentally I love Tesla and Elon, but I don't trade...
Whats up traders, What do I have to do to put you into a new NIO today? Not to sound like an annoying salesman, but if you were a member of our paid signaling service, you would be the owner of NIO, and you have experience some nice gains. Joking aside, this company is awesome. It is a great investment opportunity in our opinion, aside from the trading...
Looks like $TSLA rejected weekly resistance. Good opportunity to build a short position here. Good R/R. Resistance is represented as the red box. Support is represented as the green box. Will update position accordingly.
Sell on the short term on the broken long term trend line, including the possible Q4 market wide correction on trade wars.. A buy of a lifetime anywhere near $120~200 if the company still survives from a lower stock price and do not get drowned by debt. (At this point, I AM not shorting . It is simply too risky, just keeping a lookout for a buy)
completed 5 wave appears... After breakout, pullback comes and failed to stay over trend line. Primary 2nd wave is on it's way. Target is gonna be one of the Fibonacci resistance. I will keep the post updated.
The support level I highlighted quite some time ago is still playing a major role in $TSLA while SEC is still investigating the company. I think that level will be broken sooner or later. The fact that Elon is still tweeting irresponsively is a clear signal that SEC enforcement was not enough. ***As usual not a trading advice but merely my idea for...
On Friday evening, headlines screamed that Tesla (TSLA) CEO Elon Musk had reportedly made a surprisingly bold and extremely risky decision to fight charges of fraud by the Securities Exchange Commission (SEC). On Saturday, it looked like reason and rationality prevailed with an official announcement of a settlement deal issuing a slap on the wrist including a $40M...
How do we get here? A month ago Tesla hit $387 apparently with some fake news, today $264. Dropping almost 14% just this Friday with uncertainty about Musk's future and the SEC decision trying to ban him from holding an executive position. We see the chance for bears pushing this share even lower and some investors avoiding any action for a while. Wall Street is...
The reason Tesla will grow again! Tesla has gone through way worse stuff that Elon smoking some weed! He would be fine if guilty and so would the stock. if he has to make the decision to step down, which he wouldn't do he's too crazy to do that, but if he did Tesla would go on to be bought by google and would boost the stock again!
keeping it simple. We have the weekly chart showing a slow but bearish momentum. I know its having a little rise right now, but thats more or so seen on the daily chart or less. There are a few weak and bearish indicators on the weekly as well. I placed a decent buy area of possible pull back and testing of lower levels before the next rise to my sell zone...
After what certainly appeared to be a negative breakthrough of TSLA yesterday is turning around quite quickly. After 'CEO' Elon Musk's rather interesting interview on Friday the share price dropped 6%. However, now there has been an incredible price rejection and we are looking bullish again. Looking at the RSI it is clear to see that TSLA has been under bought...
Even though Musk's interview brought a downside to some of the public, this is only an opportunity and a temporary critic to the master mind of this great company. Possible long setup as we see price reaching a key support area that intersects an uptrend channel support line. Tempting entry zone: Between $245 and $265 /share Best of luck!
Volatile stock bullish long term on Tesla coming down to support buy long term support
15m Chart is approaching the neckline for this head and shoulder formation. Lots of news governing this stock, but the technicals are aligning for a plunge below the neckline. Gap coverage from last weeks earnings is likely. Short Shorts for Elon boys lets rally! NASDAQ:TSLA
Funding Secured? Obviously the market is on "wait and see". Buy the rumor, sell the fact?
Elon Musk just upgraded $TSLA to a BUY with a profit target of $420! $420 PT must be based on Fundamentals? Lol