This analysis is based on extreme assumptions about the world and is not an investment advice. If wrong I'll delete :)
Current price level is good for early entry. I would be careful around 191 cause previous low but if bull manage to break this level 260 possible
Using my own personalized chart notes this an explanation of what i see. Regardless of what method you use the same points of resistance and support are usually found. Im just looking at the geometric layout of the trend lines created by those points and the energy of "belief", how many systems will note this trend, etc. There you can really see any manipulation,...
hello traders and investors As it is shown in my chart the critical levels are retraced by fibo retracement tool. So, I think TESLA will continue its fall until 69$, but 104 should be broked down. It is clear that tesla is for sale now if you want pursuite the downtrend. we should keep eyes on 69 level because it is a critical level: maybe rebound or an other ...
These same algorithms have been playing out time and time again for years. We need to see our strong yellow activated to break us out of controlled selling teal but more importantly out of our controlled buying green. Green is a bull's worst enemy and although there are intra-day and smaller time frame trades to be taken within, on the HTF it is constantly being...
Here it is very clear that the price of Tesla has once again revisited the daily support identified. Now I am expecting to see a potential reversal based on how the price has reacted over this highlighted zone earlier. Additionally, I have sketched down the price action inside a falling wedge pattern which also supports the bullish projection.
Tesla's journey on the stock market has been nothing short of tumultuous in recent times, as the electric vehicle (EV) giant grapples with diverging narratives surrounding its futuristic promises and current market challenges. Elon Musk, Tesla's enigmatic CEO, once again sought to change the narrative by teasing the long-awaited robotaxi unveiling, scheduled for...
Well finally there's something to look at. Ascending Triangles usually breakout in the direction of the Dominant Trend before the pattern formed so my expectation is a drop to $223 in the near term. The MFI is also pretty weak and the TSI is looking like it's about to break back down below the center line in the next week. Overall this is Not looking Bullish.
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Looking at Fib levels using the monthly chart we can see the run up from 2020 to 2022 the retrace on fib was respected. If we draw the same for the most recent run up it looks like we are at or approaching multi year lows. This coincides nicely with the bad news cycle and low point on revenue for TSLA. So on fundamental and Fib basis this is a good entry point to...
Tesla is following a Monthly channel precisely , now it is breaching an important monthly support but there is still a possibility that it will close above it, to be positive it must has to open above the monthly tl level. in case of continuation of the downward movement, trying to give some important support levels in comment section
Tesla ( NASDAQ:TSLA ), the electric vehicle (EV) pioneer led by visionary CEO Elon Musk, finds itself at a crossroads as it grapples with strategic shifts and market turbulence. The latest blow came as Reuters reported the cancellation of Tesla's much-anticipated $25,000 vehicle, sending shockwaves through the investment community and sparking a sharp decline in...
If you haven`t bought the dip on TSLA: nor sold the regional top: Then it's worth noting that it seems to be entering a downtrend due to intense competition from Chinese EV rivals like Li Auto, Nio, XPeng, and notably, BYD.
Thank you very much for your support, as I told when we will get 20+ likes on Part 1, than I will make Part 2. Here you get the summary of each, with the other points: 10. Market Infrastructure: The infrastructure supporting traditional stock markets, including trading platforms, clearing systems, and market data providers, is well-established and...
I think that Tesla has completed the correction process, I think that it is likely to be the end of a 4th wave, and I believe that there will be sharper increases with the breaking of the narrowing triangle.
We are back on an interesting demand zone which initiated a big upside push, it means there is a lot of buy orders, if the price react well on this demand zone and break 184 price with a least a daily candle, I will buy TESLA. Target Price Upside : 71% and more Stop Loss : 16%
SUMMARY - Neutral with NASDAQ:TSLA being right at support of ~$160 current weekly chart for TESLA: - June 2022 and Nov 2022 had very similar MACD charts showing 2 very different scenarios (outcomes) - In scenario 2, however, the VORTEX was totally different, very deep in the red - currently, the VORTEX (indicator at the bottom) looks more like scenario 1...
Tesla has found a floor, I would expect a bounce to 200 level. Be careful if price doesn't get up immediately