Tesla shares closed at an all-time high of $909.68 on Friday, two days after the company reported record revenue and profits in the third quarter.
The move marks the first time since January the company made an intraday record. Shares surged above $900 a share shortly after market open.
Tesla’s strong earnings results stemmed from improved gross margins of 30.5%...
NASDAQ:TSLA is providing a great example of price action for what you want to see on a break of a past All Time High. A solid candlestick bar close above the ATH signals a true breakout and price can then rip to all new highs on a new bull bull run.
TSLA is up another 4% in the pre-market which will send the stock to all time high this morning.
But Ark Invest is was constantly selling TSLA shares during the past week and i think they will continue today.
For example, Friday they sold more than 80 000 shares for around 73mil usd.
Which makes me think this could be a double top formation with a retracement...
tesla is rsi > 70 overbought zone and side buy very high risk
2-fact is tesla is High risk price break all time high
when price break ATH(all time high ) Past buyers start sell
Broke ATH Friday - Look For A Continuation If We Hold 900. Currently In Elliot Wave 3 With A Potential Major Target Zone Around 1300. November Is The Second Best Month For Seasonality (Historically Bullish)
TSLA is moving stronger than ever. The trend is strong and movement seems to be stable upwards. Big BUY for this stock in the medium term. What do you think? Share in the comments!
i think that ntflx next week in the first expectation will go down to 800 or 780 because it's in the of a big résistance area in the weekly chart and the price action . the second expectation is to break the résistance and fly to 1000. but the volume give the big opportunity to the down trend and to respect the triangle pattern .
Hi All,
Looking at the key level which is identified by the red circles for now have created a neckline for a potential inverse macro H&S.
We have the 20 and 50 daily ma as support and the orange 200 daily coming in as well.
Note how the MA's crossed over for a bullish signal.
The structure taking place looks a macro bullish continuation pattern.
I see this...
Take note that this is a weekly chart and thus one should be wary of price. As it is, I do not think that there is much more room to grow for this car maker (see nearest Fibonacci price target). Projection are many times subjective, so let me talk about the risk-reward to this trade as they are less disputable at least on a technical basis:
1. Do you agree that...
There are many ways to use fibonacci sequences ("fibs").
This idea uses quantifiable price data to justify where the fibs should start and end.
We will look at TSLA in hindsight (Nov. 2020 to Jan 2021)
Setup:
- Fibs extend from point (a) entry, to point (b) trailing stop loss ("T.S.L") price
- calculation of T.S.L in this example is based on this...
TSLA recently reported great earnings on Oct 20th and beat both eps (20%) and revs (5%). ER killed option premiums, unless you bought ITM
There was a massive buy order friday for the Feb 2022 $925 calls for $60 million total value.
TSLA is 9.5% of cathie woods ARKK fund.
We are in blue sky breakout territory, so that's what this $60 mill option flow is betting...
Tesla faced a massive setback in February 2021 where Tesla had some serious quality and safety issues affecting the acceleration and the batteries catching on fire. In China, the biggest market outside of the US, Tesla was being berated by regulators. This could be one of the reasons why the stock price of Tesla dropped over 35%.
Unfortunately Tesla also faced...
#TSLA NASDAQ:TSLA
Tesla continues bullish breaking 900 ATH (25Jan2021) resistance line.
closed at 909. Nearest support at 874.
Since 19May2021 -22Oct2021 : + 63.7% upside.
2021 up to Q2 Net Income : $1.5Billion!!! Go Long....
Hello everyone:
Lets take a look at Tesla's overall price action.
We see price has manage to push up to all time high around $900, then fall down significantly.
However, the latest price action started to form into a bullish structure that we are familiar with.
A double bottoms, triangle like correction is giving us a higher probability to see it as a...
