Confirming my long position here and waiting for a backup before I add more to my Tesla positions.
As expected price broke out of the resistance channel defined by the AR and the HH points printing SOS and LPS /BU in Phase D before the final markup in Phase E. Low volume and climbing price show that the institutions have taken hold of the price and are not selling...
Chip shortage issues, FED Tapering potentially starting in Nov, etc... RSI clearly showing daily is over bought. Trend also appears to show a multi month momentum reversal and distribution phase coming to an end. Unless Tesla has more up their sleeve that counters the overall market environment, I'm expecting a low volume rally into Feb 21's earnings before...
$TSLA (TESLA) just reached all-time-high! Very bullish news especially for the stock that makes up the bulk of my portfolio. Congrats to those who followed me as well. My $TSLA portfolio is up by approximately 30% - with averaged price right below $700.
However, $TSLA is at $900 right now and RSI and bollinger bands is indicating that $TSLA is current very...
NASDAQ:TSLA
Possible Scenario: SHORT
Evidence: Price Action. Fill the GAP
TP1: 851$
TP2: 843$
IMPORTANT: It's possible that it tests 900$ again, 22 of October, then it's the best time to open short position.
PUT options, Strike 865$, 10/29/2021
PUT options, Strike 810$, 10/29/2021
*This is my idea and could be wrong 100%
NASDAQ:TSLA
I expect last push to 870$ and 900$ before earning day, and sell-off to previous key-levels as I defined on the chart, I'm waiting for opening short position on it.
this is my personal idea and could be wrong 100%, not an advise. do your own DD.
Q3 earning season is currently underway, and most high-profile companies are delivering revenue beats. Yet, Q3 revenue is not the only thing investors are watching. Investors are interested in revenue growth, customer acquisition, and pace of growth alongside the balance sheet. Inflationary and supply chain pressures that may affect the outlook of reporting...
As discussed in my previous idea, recommended a long position entry near 785 levels. Time to add on this breakout. we already have a 8% gain on the trade. Keep an eye on this. In case price renters channel, we look to close trade. Upside target previous high
All,
First off I like TSLA, Elon etc. They had an absolute monster run, but what goes up most come down (some). I think we see 760s or 750s retest. Adding PUTS once it fails up here and volume dies off. Also some semi not great news recently. Once again TA and bull run coming to an end I think.
This is the 3rd time tesla has experienced the 900 level..!
1st time, before the stock split after that, crashed to 350,
2nd time, January 2021, then crashed to 540,
and 3rd time, Today..!
In January the average monthly price volume was above 38 billion dollars per day, Now it is 15 Billion dollars a day which is 60% lower..!
How far it could go?
Depends on...
Tesla came out of the storage channel. On the way is the important level 900, to which I expect a reaction in the form of a rollback and further growth. first target - 925
First of many.
Ascending wedge forming in TSLA 1D chart.
Made up a rough TA with a risk to reward of 2.68. Upside potential of around 14.5% with entry at 783.
Very new to TA. Would love feedback.
TSLA is finally attempting a break of 807. I have been watching this consolidation for a long time. It may finally go as we are coming into earnings season and many will place long bets pre-earnings. See my previous chart for context. Initial targets would be 821 and 857.
