Too much congestion for me, needs to take a Claritin D before I hop on in.
Hello hello hello... It's time for a brand new analysis, today we're breaking out $TSLA. This chart is on 1 hour timeframe. As we can see $TSLA has hit the 250 mark for 2 times already and it has bounced back to 300-340 mark. This pattern has hit already twice in a row, now we will see if it happens for the third time. RSI9 is pretty nice indicator in downtrends...
We are currently resting on support. SL: 240 incase a break of support
If TSLA can hold support around $ 250 we can see great upside potential!
Can't see TSLA to go much lower.. Is it time for TSLA to finally bounce?
If Tesla can stay above $265 and can surpass $280, we can maintain the daily higher low pattern and continue moving up. After 4 days of upside, let's see how this consolidation looks. The next couple of days look interesting as a potential time to add to my position.
The Stochastic indicator shows us about Oversold as we are below 20 points. This is the first reason for our recommendation for buying. The second reason is the price stuck within a price range between 250 and 380 from July 2018 with support and resistance as clear as seen in the graph and at this moment we are very close to support (With recent declines in...
The Stochastic indicator shows us about Oversold as we are below 20 points. This is the first reason for our recommendation for buying. The second reason is the price stuck within a price range between 250 and 380 from July 2018 with support and resistance as clear as seen in the graph and at this moment we are very close to support (With recent declines in...
Bought TESLA . Monthly support trendline support 260ma weekly support If if dips further i'm just going to buy more!!!!!
$TSLA 1W $TSLA weekly, close to touche the 260ma weekly, just where the monthly support is… $$$ that’s look like nice long position right there around sub $270. \u2028\u2028Take profit 1 could be around the $360. Is something like a $90 move upwards :)\u2028
IMO , Tesla's has a nice support area from the 270$ to the 250$ price level. Those trend lines were tested multiple time on the monthly timeframe + psychological level of 250$. Earnings are coming up in less than 2 months, the downtrend we are currently seeing might be the market pricing in that it won't be profitable. If the purple trend doesn't hold at the end...
In the ranging market from December 2013 to December 2016, there were what I see as 3 main moves between $177-$290. In the current range from March 2017 to now March 2019, you can also see 3 main moves, just a little messier. The UTA (Ultimate Trend Analyser) and Spectro-O confirm that there is plenty of room for a big move up over the coming months. Spectro-O...