Get started

ELON

TESLAINC:FORECAST FUNDAMENTAL+PRICE ACTION|LONG SETUP🔔Not so long ago, the number of opportunities to invest in electric cars was limited: it was either Tesla or nothing. If investors were unwilling to join Musk's team, they were just out of luck. Although there has been a dramatic turnaround in the last year, and the number of options has increased significantly thanks to the strong growth in the market of electric car companies, Tesla remains the focus of investors. And with President Biden recently stating that electric cars will account for 50 percent of new car sales by 2030, investors are taking a special interest. Let's take a look at some important things potential buyers of Tesla stock should be aware of before including it in their portfolios. Since its introduction nearly two years ago, the Cybertruck has sparked interest from buyers and investors alike. About a week after Tesla unveiled the Cybertruck, orders for it soared to 200,000, and Tesla enthusiasts, through their fansite Teslarati, estimate that orders for the Cybertruck now total about 1.2 million. Tesla offers a base model with single-engine rear-wheel drive for $39,900. Dual-engine all-wheel-drive and three-engine all-wheel-drive models are priced at $49,900 and $69,900, respectively. Assuming the 1.2 million reservations are accurate, and assuming a conservative estimate that all reservations come from the least expensive model, Tesla's revenue would be about $48 billion. By comparison, the company's 2020 revenue was $31.5 billion. Clearly, the success of the Cybertruck plays an important role in Tesla's scenario. The company originally envisioned that the production of a single-engine model would begin in late 2021. However, company executives have put the brakes on that version. During Tesla's second-quarter 2021 conference call, Lars Moravy, vice president of vehicle development, said the company is "moving into beta phases of the Cybertruck later this year," and Tesla's Cybertruck booking site shows that production is scheduled for 2022. While a delay in Cybertruck production shouldn't discourage potential investors from buying stock, it's important to understand that delays allow competitors like Ford with its all-electric F-150 and Rivian with its R1T to step on the gas pedal. Like many other companies, Tesla is dealing with manufacturing problems due to a global shortage of semiconductors. In fact, Musk said during his second-quarter report that the semiconductor shortage has forced Tesla to sacrifice the production of its Powerwall energy storage unit to meet car production needs. But the semiconductor shortage isn't the only problem on Tesla's radar: Company executives may be keeping lithium supplies up at night. Tesla investors know that in September 2020, the company entered into a five-year agreement with Australian mining company Piedmont Lithium to buy lithium-containing spodumene concentrate at a fixed price (with an option to extend for another five years). Piedmont originally assumed that Tesla deliveries would begin between July 2022 and July 2023. Now that doesn't seem so likely. Residents of North Carolina, where the mineral deposit is located, have spoken out against the company's project development. Consequently, Piedmont said it was postponing supplies to Tesla indefinitely. When talk turns to Tesla stock, investors' opinions diverge sharply. In fact, Tesla stock is one of the most hotly debated tickers. For example, Piper Sandler, who sides with the bulls, puts the price target at $1,200, while Citigroup, which represents the bears, thinks the stock will fall to $209. Let's leave the price targets to Wall Street. After all, analysts often have much shorter time horizons for investing than we prefer. Instead, let's just look at stock valuations. Tesla stock has soared more than 862% in the past three years, but don't be fooled: its valuation has recently declined. The stock is currently valued at about 86.6 times operating cash flow. That may seem expensive, but consider that the average five-year stock cash flow ratio is 134.3. Sure, the stock still trades at a high multiple, but it has been growing at an impressive rate since the company began generating positive cash flow. As demand for the company's cars remains strong, the company's cash flow will likely continue to grow. Unconvincing? Let's look at it from a different perspective. Today, Tesla stock is trading at 147 times forward earnings. Exorbitant, you say? Think again. Stocks often reflect inflated investor expectations for growth. For example, earlier this summer, on June 30, the stock traded at 161 times projected earnings, while a year ago on the same day, the P/E ratio was 370. Cybertruck release delays. Semiconductor shortages. Lithium problems. Sure, Tesla has a lot of problems right now, but the company has faced challenges before -- and won. These problems, while undesirable, are hardly something that makes potential investors look elsewhere. In fact, it's at times like these, when things seem bleak, that savvy and patient investors can buy the stock at a low price. Although electric car traffic is on the rise as competitors such as Lucid Motors and Fisker prepare to ramp up production, there is definitely room for more than one success story in the electric car market, and Tesla will certainly remain one of them.
NASDAQ:TSLALong
by FOREXN1
13
TSLA - 658 / 629 / 591 Elong FailsGamma Squeeze after Gamma Squeeze has failed. Shares are, on balance, ONLY Being bought for protection to Cover Calls AND almost immediately SOLD without remorse thereafter. It is an amazing distribution the Fanbois seem to be ignoring. Inglorious bastards they remain. Tesla has been sanctioned once again... surprise. Hiccups to deliveries appear to have their roots in Semi availability. Perhaps the MUSKateer will announce he will building a FAB on Mars? Who knows with the shlubb. It's become tepid and "Boring." There is nothing to really drive TESLA much higher other than further degenerate gamblers, who are quietly losing face. 720 close up and over has failed to materialize time and again. We were looking forward to this group of Hopers to shoove this hot mess higher, but 780 isn't going to arrive it would appear. 600s are ripe for trading this week, it could be quite the dramatic plunge taking away the wishes of DG's.
NASDAQ:TSLAShort
by HK_L61
9
NIO - BUY BUY BUY!!! Been a NIO bull since day 1 and right now I am more bullish than I ever was. Here is my detailed technical analysis of NIO's price action, and what's very noticeable about NIO's price action is that every time it fakes out towards the downside, the price tends to then turn bullish and continue towards the upside. Most recently the price faked out again and has broken out of a descending trendline while also retesting a very strong ascending trendline line creating confluence. What makes NIO even more bullish is that looking at price action between May 11 2021, and May 24 2021, you can see that another fakeout was spotted right along/below the same ascending trendline price is currently retesting, which on multiple occasions price decided to respect the ascending trendline. Another thing is that with NIO's overall setup, there seems to be a giant cup and handle forming. 3 days until NIO's earnings as well. Share & Like - and leave your thoughts on NIO in the comments ! ----------------------- trade at your own risk - not financial advice
NYSE:NIOLong
by KGCASH
8
$Dot Long- 100-300% potential Gains!Polkadot is a network protocol that allows arbitrary data—not just tokens—to be transferred across blockchains. This means Polkadot is a true multi-chain application environment where things like cross-chain registries and cross-chain computation are possible. Polkadot can transfer this data across public, open, permissionless blockchains as well as private, permissioned blockchains. This makes it possible to build applications that get permissioned data from a private blockchain and use it on a public blockchain. For instance, a school's private, permissioned academic records chain could send a proof to a degree-verification smart contract on a public chain. Not taking this trade until I see a solid confirmation of the break out level ($18.75) Three different mid/long term targets StopLoss: $15.80 Taret 1: $27.73-48%-3,14 R/R Target 2: $36.86- 96.7%- 6.23 R/R Target 3: $58.8- 214%-13.74 R/R
Long
by Helios_Capital_Investment
2
#BTCUPDATE - 22.7.21 B-Word Was Bullish Looks like some much needed bullish news came and really delivered and at a critical point too. The B-Word went well, as in it didn't sink the market further. Short of Jack Dorsey confirming accepting Crypto payments on Twitter. We hit the $32.2k resistance and as predicted in the channel we saw a rejection there - ideally we want to get back above $32k to continue on to the next leg up. Long term it looks like a descending wedge and hopefully with a little further push we can see a big break out come. My play with BTC is I am quite bullish and will wait to get above $32.2k and then long to $36k region.
by Kryptochristian
#BTCUPDATE - 21.7.21 - THE B-WORD.... This is a refreshingly bullish scenario for BTC - braking back above $30k after a sustained day under it and then straight back above $31k shows Bulls are here to play. $31k is key to hold at the bare minimum here - getting above $32.2k is a very positive sign. It is going to be a rocky road but getting back above $30k was so critical. So much hangs on this B-Word as Elon could literally come out with anything so lets hope its bullish. My play for BTC is to wait until after Midday EDT and if we hold above $31k then long to $32.2k If we sink below $31k then it is back to looking at a short to $30k and then on to $28.2k. It is positive news today but be careful still we are still long way from a long term bullish sentiment.
by Kryptochristian
1
💎BITCOIN - Time to SMASH That Cursed resistance? ⚒️🗿Guys remember one thing: Elon Musk pushed the price under a critical support level and helped flush it down the toilet . That's when I unfollowed him from twitter Today he has an opportunity to reverse things and push the price (finally!) OVER this cursed resistance. How? By announcing some Good or Great news together with Jack Dorsey and Cathie Wood of ARK Invest, today at " The ₿ Word ". The ₿ Word is a Bitcoin focused initiative that aims to demystify and destigmatize mainstream narratives about Bitcoin, explain how institutions can get on cryptoland. Believe me, in front of Cathie Wood ( who is one of the biggest investors in Tesla ) , Elon will be a GOOD BOY today.. It's coming guys and it's starting to get better and better. One love, the FXPROFESSOR
Long
by FX_Professor
33
BITCOIN - Is It Time For Take Off?The last time we analysed Bitcoin, we were at the the 34K level calling shorts back down to 30K. We have almost approached 30K now where we have previous price action. If we hold the 30K level and bounce from here, we can possibly see ourselves revisiting the 36.4K level in the coming week. Trade Plan: - Wait to see if 30K holds. - Watch for descending trendline break on lower timeframe (See chart update for lower timeframe analysis) If we break below the 30K level, we could see lows of 27K.
by Altsignals
5
DOGECOIN - Are We Going To The Moon?Dogecoin is also at a very important level. We are at the triple bottom level where the next moves will dictate whether we will see Dogecoin go to the moon or flop back to the bottom. Wait to see how price reacts. If it breaks above the descending trendline, we could see it move up. If it breaks below, we could be revisiting the lows from last year. SHORT PLAY: Watch for 0.16 to break and then enter on the retest. LONG PLAY: Wait for price to break the descending trendline and look for bull flags to take it higher.
by Altsignals
Tesla breakout in mid august?If tesla is in a triangle and breaksout in mid August between 10-12 (note that last years stocksplit announcement was in 11 August.) then I would say Tesla would rapidly go up until the beginning of September and then drop again just like last year. That would mean my projection of $1400+ would be reached in 2 weeks which Tesla is know for having done before. Tesla follows the wyckoff pattern and has done a massive accumulation for many months now and will cause an even greater markup to distribute the bought shares by smart money at the top. Elon musk said that the company would perhaps have their company meeting in late July or early August which means that something could be decided then which could spark a move up. This is not Financial advice only speculations. Please comment any thoughts
NASDAQ:TSLALong
by mojtaba473
DOGE > Trendline Breakout > To the MOON?Hello Friends, Hope you all are having a thrill in your trading journey. I am presenting you my analysis of DOGE. According to my technical analysis, Doge will go up as it just broke a major trendline and we are expecting a retest to the trendline. I hope my analysis is pretty clear to you guys. Kindly do your own research and follow proper risk management. Feel free to share your views in the comment section. Like and Follow! Best Regards, Shaswat Naman TradeThrill, India🇮🇳 Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Long
by tradethrill
1
DOGE.DOGE looks like a buy for the first time in months as a multi-week resistance line has now been broken on the daily and weekly charts. Bulls will need this week to confirm a full body candle close outside of the trendline as well as maintain above 0.2346. As of this moment DOGE is a low risk long but if price breaks below 0.2346, I would go ahead and exit the position and look for re-entry along the downward sloping line that should serve as a support area now. However, a break back into the downward sloping green trendline (on the weekly) would be bearish and one should refrain from seeking any longs if this were to happen.
Long
by TradeVibez
2