Tesla is trading within a wedge since its massive run up following the news of Hertz buying 100,000 electric vehicles from them. Here is my thought process on this play. If Tesla breaks the wedge in either direction this is how I am going to play this. If it breaks the bottom, I will be looking to get into puts once it breaks $1,030.43, would probably pick the...
Tesla is on the run to fulfill the 5th wave of the first wave of mass adoption.
The price action respectfully follows the wave theory in terms of fib level very nicely.
Although we could expect a deeper pullback as wave 2,
at least a reasonable fib level would give us a range between 880 and 750.
In case we will see a necessary impulsive behavior a price target...
Bulls tried to break through massive call barrier between 1025 and 1050 and almost succeeded, but are now being trapped there. Overall net gamma in this zone came down significantly from about 40M to 24.8M.
I hate to be the bad news bear however looking at this long term uptrend we have only really broken at one time in the past from a run from $600-$900 and when we failed backtest we dropped back down to $500. Although we just had a very killer push above this trend line, as of right now 1048, we are right now testing that same resistance trendline. To me I would be...
We have the Uber Auto Co blowing off the Put addled
Our SELL INV LAdder
1150 x 300
1125 x 200
1100 x 100
1090 x 50
1080 x 50
1070 x 50
1060 x 50
Current Positions:
200 STO TSLA ~ x 50 @ 60 / 70 / 80 / 90
TSLA Put Spread
900 x 5
1000 x 5
1050 x 10
1100 x 20
1110 x 25
1120 x 30
1130 x 40
1140 x 50
1150 x...
This stock has had a crazy run. Looking for long opportunity but needs to retest breakout first. Looking for trendline touch on this Icarus stock that has outperformed the stock market for years now. Only larger public companies right now by market cap are Apple, Microsoft, Saudi Aramco, Alphabet, and Amazon. Last time I checked Elon has no plans to take...
Risky setup IMHO. Call barrier between 1025 & 1050 hard to conquer. Weak support. Under 856 everything is possible.
Again: 30M Gamma is expiring Friday. Total gamma is 148.6M, so that is a significant junk of 20%.
This thing has proven to be a speculative bubble. The past few weeks have been a move too shake out bears but are eventually leading too the inevitable 3th retest of the lows coming in a few weeks/
With fresh buying opportunities going as low as 330.
Tesla the beast! its time to short it. it went and rallied over 100 billion in market cap for a 4billion deal. i mean doesn't matter if your a bull or bear you know this is just stupid. it needs to fill the gap around 950, that leaves the stock price still high and tesla isn't 'crashing'. its just taking a breather so chill.
Hello dear friends!
Prerequisites:
1) Near retest;
2) Above is emptiness;
3) The stock looks better than the market;
4) Closing below the level;
5) Energy has been accumulated;
6) Mirror historical level;
7) Compression 4 days;
If we look at the S&P 500, we can see that it closed with a good negative on Friday. And Tesla, in spite of everything,
closed on the...
The markets continue to behave as if there will always be a lot of cheap money, which means that you can buy at absolutely any price: tomorrow there will be someone who will buy at even higher prices. We already wrote yesterday that for a dollar of Tesla assets in the US stock market, they are now ready to give more than $ 40. Actually, a clear illustration of...
TSLA is the most bubblicous stock.
price patterns in recent years mimics BTC.
theronas was also good a few years ago.
Eron was a market darling too.
The data dont lie.... cheap money hides the truth.
could this be the final exhaustion gap?
There are insiders and outsiders.. this is how the game is played.
Michael Burry is an outsider and audited by SEC while...
The only way to hide the cringy ideas I posted before, is posting new ones. So I decided to join TSLA hype without trolling (we have enough with tik tokers and WSB brainlets users). Anyway here's my idea:
History tend to repeat itself, that's well now in geopolitics, finance, TA, etc. So based on what price action did in the past, there's high probability of a...
Ark Invest Confirms Base Case for Tesla TSLA at $3,000 per Share
Longtime Tesla (NASDAQ: TSLA) investor Ark Invest has a strong belief in the manufacturer. Cathie Wood remains optimistic about Tesla by reiterating the manufacturer's base case of $3,000 per share in a recent interview.
Founder, CEO and CIO of Ark Invest Cathie Wood said Friday in an interview...
If price action stays above 1000, look for a confirmed breakout of the bull flag to test the recent ATH. If 1000 breaks, attractive entry at around 900 after gap fills.
-RSI still holding trend line
-MACD still positive
*not financial advice*
A monumental achievement for Tesla: It has finally reached a Market Cap of 1 Trillion dollars!! Tesla is the fifth company ever to reach such a valuation but, it defied the odds to be the only company on that list to still issue speculative grade bonds also known as Junk bonds. The last update came in March 2021, when "Moody's Investors Service upgraded the...
