Tesla $TSLA continues to forge higher. In this uncharted territory, I just follow the Fib. Your guess is as good as anyone! This is a guessing game played with proper risk management. Anyone tell you they have a holy grail setup is full of BS. GL.
Tesla saw a big gap down this morning from $518 to $494, followed immediately by a huge spring shortly after open in the first 5 minutes that saw the stock rebound to $509.50 on strong volume. So what's driving this:
#1) Tesla Fanboys (AKA Bulls) - there are a ton of diehard tesla bulls out there, and after the stock rose to $550 earlier this week, anyone that...
TSLA overheating and valuations are currently stretched for even the most optimistic assumptions. Based on current valuations at $490, Tesla would need to be delivering 1,300,000 cars within the next 5 years. In my models, stock is fairly valued at +/- 280 but with an initial target of 360.
On technical side at the top here you will notice exhaustion as...
A rare YET powerful formation has formed, technical analysis is not a science but and art...thus you get this. Markets evolve and our perception must evolve as well thats why some may think this looks like a dinosaur. Updates to come-
“Elon, you are so kind. Thank you for being an inspiration. And thank you for being kind to me,”-“I owe you a lot — my life. Thank...
TSLA has sparked a large, fast, bullrun. If history repeats itself ~300% profits may be seen from this move. However the rising wedge on the second bull run is a lot smaller than the first, this may contribute to size.
Tesla soared to new all-time highs after the market legend referred to Tesla as cheaper than Apple
All team members bought Tesla cars.
DISCLOSURE: long Tesla reiterated Strong Buy $179 in 2019
Hello Traders.
Stochastic RSI is sky high.
Would like to bring to your alert that Tesla is a "Castle in the Sky".
I have done the fundamental analysis on Google and bring to you a message.
Facebook and Google are both funneling money into Tesla.
Tesla is the last castle in the sky for the "New World Order".
Apparently, Elon knew the whole time. This was an...
Hello Traders,
I am looking at Tesla just from a TA chart perspective here.
As you can see price is inside a broadening ascending wedge. Price was caught by the monthly 100 MA at the bottom of my wave 4. I am expecting resistance in the area marked with a possible fake out / throw over.
The bearish divergence on the monthly RSI doesn't look great.
Refer to previous charts STRONG BUY $179.4 published in real-time worldwide when 95% of Wall Street turned bearish! Furthermore, Alex's called Tesla crash from $380 down to $179
COVER AND GO LONG!
TSLA is pushing higher and it has overcome some obstacles to achieve this, two small death-crosses while consolidating, all while maintaining a clear upward trend.
ITS THE PERFECT DEFINITION OF "BUY LOW SELL HIGH" TESLA STOCK JUMPED ALOT THESE DAYS BUT A DOWNFALL IS INEVITABLE.
THIS TRADE IS BASED ON SPECULATION SO TRADE AT YOUR OWN RISK.
yes tsla gave us a very good profit ...
You can see my Tesla Analysis series
25 sep :
then
1 oct :
happen :
and latest :))
leave me your like and comment's about my analyze on the posts ....
