Looks about done with C wave of the wave 4 triangle. Hard to say what E wave will do could do. Might extend or truncate or hit the bottom TL. But minor wave 4 almost completed.
TSLA is being tossed aside as all attention goes to NVDA and semiconductors. TSLA has been experiencing slow growth relative to the S and P. These are my thoughts on TSLA price action up to earnings in mid April. This is a prediction that is longer in time frame compared to my usual predictions, so take with a massive grain of salt. I'll update as more information...
Tesla, once the undisputed champion of the electric vehicle (EV) market, finds itself in a precarious position. The company's stock price has been on a downward spiral, tumbling nearly 43% in the last month. This dramatic decline has left investors apprehensive as Tesla prepares to report its earnings. Several factors are contributing to the bearish sentiment...
Trend - Downtrend confirmed. - Components of the channel chart: The original downtrend channel plus a 100% extended channel. Both channels divided in half by blue dotted lines. The shaded zones furthest from the center represent "overbought/oversold forces," which counterbalance each other. - Currently, the price is descending into the extended...
If you haven`t bought the dip on TSLA: nor sold the regional top: Then analyzing the options chain and the chart patterns of TSLA Tesla prior to the earnings report this week, I would consider purchasing the 140usd strike price Puts with an expiration date of 2025-1-17, for a premium of approximately $20.40. If these options prove to be profitable prior to the...
I was #bearish #TSLA from the wave B top, even before it actually got hit. We are at TTR looking for lower lows before any significant rally emerges. TTR is also looking for much lower levels into end of the year! Expect a move down to 144 and 135 next
Upon analyzing TSLA (Tesla), we can see that it has been in a sustained downward trend. Notably, price has entered a critical support zone, exhibiting a double bottom pattern on the chart. Additionally, there has been a downward move beneath this double bottom, tapping into liquidity. Given the significance of this support zone, I anticipate a reaction,...
Tesla, the electric vehicle (EV) pioneer, has hit a rough patch in 2024. This week, the company's market valuation slipped below $500 billion, marking a significant blow to investors who had placed big bets on Tesla's continued growth. Several factors seem to be contributing to Tesla's woes. Firstly, concerns are mounting about the company's ability to maintain...
The Tsla Bull Trend is no more. Utilizing Schiff pitchfork and trend lines, with recent supply chain issues and the amount of shares used to cover twitter deal, tsla bear trend is here.
I wanted to bring to your attention the recent news regarding Tesla's Q1 2024 deliveries. There are reports that deliveries fell short of expectations compared to the previous quarter. This development, along with concerns about the economy and evolving consumer preferences in the electric vehicle market, could have an impact on Tesla's stock price. It's...
Tesla ( NASDAQ:TSLA ), the electric vehicle (EV) pioneer, finds itself navigating choppy waters as it reports a decline in first-quarter deliveries, sending its stock tumbling in early trading. With 386,810 deliveries, an 8.5% decrease from the same period last year, Tesla's performance has raised concerns among investors and analysts alike. The company...
NASDAQ:TSLA is having a steep decline after failing to meet expectations for Q1 deliveries. The price is back at the $164.76 price level at the white support line. I think there could be a rebound here, and I would monitor the white trendline to see if the price level holds and rebounds in the short term. I think TSLA had a bearish Q1 performance, and there could...
Tesla weekly trend shows weakness as short-term traders hammer price down. Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com) CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor...
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 TSLA forecast has been one of my most accurate predictions so far, and TSLA has reached the $164.76 price target discussed in my previous updates. NASDAQ:TSLA initially dipped below the $164.76 support level, but had a bullish rebound at the support line. TSLA is red today, but could be forming a bullish retest of the $164.76 support line. I would keep an...
If you follow me then you know that we played the GAP fill on NASDAQ:TSLA with success and now we look to change our view and go bearish. Some have sized this up as a Bear Flag but i see a rising wedge formation that has broken down and we look to short $TSLA. I have given it room to move with such a massive move down but we should see continued weakness and a...
I get a lot of questions about TSLA, and I can tell that many of you are eager to buy this TSLA dip. However, I'm seeing a lot of bearish signs for TSLA and I don't think there will be a buy opportunity any time soon. The green support level has flipped into resistance, and TSLA is forming a strong move down this week. I have $164.76 as a key price target for a...
TSLA has gone through a significant sell off recently from its high of 200. After breaking below its support line its has recovered some. This does not appear to be a false breakout down as the stock has failed to recover enough to be above the resistance. We should expect it to bounce off the resistance level and sell off some more. Overall I remain...