Charts still look good to me macro, think $620 will be a major longterm low.
''Tesla' 'after the breakout and the confirmation of a return of an uptrend we can buy and take profit on the red resistance
Tesla stock price has gone a bit too low is my view. yes, we broke through cloud support and this aggravated the move down. For now, the strategy is BUY current @ 635-640 and take profit @ $ 780-800.
There is a wolfe wave setup on the 4 hour time frame. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target using this 4 hour period is greater than 900 which is expected to reach this price target before Aug 2022. ...
TSLA reversed into a short and now going to pick orders at the demand zone indicated which will likely be followed by a hunt of the triple top. Look for reversal patterns within the indicated range to go long. GL
Elon is selling and might be selling more. For now, regression channel seems supportive region, and we are flattening on selling pressure. Further, we are below the cloud, which does not bode well. However, we are looking to get some value on short-term trade and I feel we may buy between $ 860-880 for recovery 960 again. Stop-loss likely below $ 780 for now.
Great Buy Signal at the bottom of pennant with Stock RSI in oversold territory. Coiling into imminent breakout to the upside intact. $1,500-1,800 price objective per upward channel by EOY.
TSLA 1H support is at ~$956 Enter 50% at the current price and try to set some buy orders near the support zone If TSLA holds above the trendline, the Take-Profit target would be 5%, 10%, and 15% from your entry
Late but it will go down today and will close at its rasistance but will go up after 2 days
The SELL strategy few weeks ago worked fine, and we are nearing $ 950 suggested level. Perhaps take profit now $ 975 and also go long. Place stop-loss @ 875 below for now. Take profit $ 1,075.
TSLA is ripping higher and higher. She is over 200days MA level. continue to go higher
Looking at the chart and Ichimoku support around $ 700, it feels we should be starting to look at buying. The VIX also is very high, and this could spell for a turn around of stocks in general. For that reason strategy may be BUY $ 750-770 for a move to $ 950 again. Stop-loss should be below $ 650 for now.
The behavior of the share price shows we are not ready as yet to move lower breaking supports. The rectangle formation shows the solid ranges, and with stochastic being positive and the tendency to break outside the resistance level around $ 950, it feels we are better of trading it short-term to the upside for now. the medium-term may not change seeing lower,...
No change in view. We are below a major trend line which has resistance now $ 868. However, I feel that we are bottoming (small inverted hammer) and also DC support gives a reasonable chance for recovery $ 985. Buying into $ 840-860 with stop-loss $ 750 below for now. If we do get stopped out, it may mean we are seeing likely much lower levels. Let's see by...
We have taken profit at $ 860 below now, and started a BUY strategy as analyzed last few days. The move down no doubt on disappointing results. Now we focus o the low stochastic, and also trading below Donchian base or touching it. I feel a BUY strategy is advised, but keep stop-loss at aroun 737 for now. Entry current $ 830-850 area and profit $ 985 for now.
Our short we remain, but will buy back $ 860-875 for now and stop-loss 1,015. If new position BUY $ 860-875 and place stop-loss below 750. Profit objective 1,015 for now.
Tesla is not bearish. I think it is not a good idea to buy this stock for this price. Just wait for the touch of the trendline.
It is clear that most asset classes are a little confusing right now. The directional bias feels changeable a lot. TSLA first tried to attempt the high, and it started looking to move towards $ 1,336 but stalled at $ 1,200 region. We declined afterwards to $ 1,000 and now back-up once again $ 1,106. The MA-10 vs M-30 is positive and the stochastic as well. So it...