Tesla has been on anything but autopilot since peaking above $1,240 in early November. The EV giant first made a lower high near $1,200, followed by a lower low under $900 yesterday Taking a step back, the price action is starting to resemble a downward channel. This could be interesting because it could potentially turn into a bullish flag. However it will take...
I think in the last month we are beginning to see certain sectors of the market starting to crash, mostly technology sectors, like TSLA, AMD, NVDA, INTC,... You really don't have to be expert chart analyst to see that the whole stock market, especially technology sectors are extremely overvalued. It has never been anything like it, really for the past 90 years....
Tesla is not making money and stock is very expensive. Future is already overly bought. Only buy something has a real value.
New ATH:::Clearly drawn and explained.... It started to rise..
Bearish The Butterfly Pattern Price $899.94 (12.20.2021) Target $820.84/ 752.53/ 665.64 Stop loss by yourself. This idea is based on the daily chart, weekly chart, and extended Fibonacci indicator. IMO
Next week Amazon backed Rivian has its IPO ticker: RIVN This will be October 10th - they are looking for a valuation of more than $60 Billion, this is close to the value of Ford which incidentally will own 11% of the of the company. They are the real deal will be competition to Tesla and I expect it won't take long for Tesla to find it way back into the...
TSLA: buy zone (900.00) (895.00) TSLA: sell zone (990.00) (985.00) strategy: in case the buying area is penetrated. Bearish continuity price is 890.00 with the possibility of touching the 780.79 support. Bullish strategy: bullish opening above 900.00 with the possibility of touching 950.50.
These are high volume areas where TESLA looks like a great time to go long. Used 50, 100, and the 200 MA values along with the volume profile to pick entries.
Tesla's price after (and before) the split was well over-priced. The stock now recovers to its appropriate territory, around 225$-275$ a share. However, in my beliefs, Tesla has several upcoming news, that would make some motor companies, far behind them. Giga-Berlin : increased production in Europe, thanks to Giga-Berlin being in development and...
Greetings Traders and Investors, TSLA looks primed to test $1K again, based on the recent gap fill....key level of support, multiple divergences, and descending wedge pattern (bullish). Happy Trading!
TSLA TSLA is a long term play IMO - waiting for a momentum swing in the upside before add where do you guys think it finds support
Tesla DOUBLE TOP OR INVERSE CUP AND HANDLE What do you guys think? Thanks, Kelly
Hi, Tesla still has sinking volumen on weekly and this is likely a fakeout before a big correctiion...nothing goes up forever without corrections. Tesla had a 15x and more run the last year, time for a break. DYOR 1300 is the max i can see it can reach for now. its pretty high and may not get fillled. anyway wont short earlier.
TSLA may be in a C wave - watching the 2.618 fib retrace from the peak of the last rally. Sub $900 possible before the end of the year.
Trade Breakdown: 1. Buy once the price reaches around $810 or below. 2. PT will be updated once D leg has been established. Good luck!
I suspect elon sells twice this week causing the price action to fill the gap at 845. Until he's done selling, which could happen by the end of the year, I don't see a short-term base forming
Trend Cloud limits the Highs @ 977. Large lower Sub 600 Gap remains open. Elon with 234K to SELL. __________________________________ DO the Fanbois take the gains in a Panic SELL... A dangerous area in here.