TESLA The Target Is DOWN! SELL!
My dear subscribers,
My technical analysis for TESLA is below:
The price is coiling around a solid key level - 235.54
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 220.16
My Stop Loss - 245.52
About Used Indicators:
By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses
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WISH YOU ALL LUCK
Tesla
Its hard to talk Straight and Right/!>Hello dear participants in the Market
I am trying to somehow use political perspective as less as I can to express my view on the economic part.
But I think the general awareness on the subject justifies my use of this kind of references more. There is a lot happening and its getting harder to stay neutral.
The line between the power(political) and finances had become so thin, and we can see the market reaction to this struggles and sometimes it feels like a financial battlefield between grand players and sides(there is a visible harmonious movement most often).
What they are referring to these days as “the axis of evil” the new version of it of course, it must not hide or going unseen the impact of Many other parties playing…
But considering these three major countries, Iran, china and Russia influence and sometimes shared interests, makes the idea of an unusual(unwritten) alliance between them more possible But there are differences in their decision making dynamics.
China has a future defining role here.
It seems like they are preparing for different scenarios, maybe in controversial ways sometimes But if the peace chances looks stronger, I believe that they are ready to contribute to the way of maintaining and restoring some of the civilization's values in this chaos.
Iranian anti semitic government position in regard of the current events is disappointingly clear, in fact it’s been clear since it’s evolution turn-around in 1979, and like so many nations most of it’s people aren’t at the same page with their government's foreign policies and its overseas activities.
Its very important for us at this stage, to try define some key words because it makes a lot of difference given our minds way of measuring things nowadays. So given the circumstances the word “fair” make a tricky obsession of our sense on it, so the term “balanced expectations” is a more suitable and calculable way to deal with the reality we’re facing now.
What that should motivate us besides color, culture, religion, language, geography and even differences to stand out against the path which officially started nearly two years ago have to be the desire for peace and tranquillity. because if this continues it will ultimately touch all of our lives more than how much it already did and it won’t be a pretty sight for none of us if we let it be.
I think one thing we can do (which some began and are doing) is to determine the post-war solutions around geopolitical conflicts
So much that we will see a New(considering the expectations formed by the previous re-actions) picture better than before this chaos because we paid and are paying a painful price ever since and I think no Sane Mind having a desire for more now.
The game of power has been always suggested any shortage in responding as a sign of weakness and its true that we’re all a product of nature after all and we didn’t lose our animalistic instincts, we just learned to live above them, and base our judgments on reason and flexibility with counting on the hard earned values we gathered throughout our (bloody) history as humans(the good definition of it),
So we know enough, and it’s our choices which’s making the difference…
The more validate type of analysis about political military actions is to analyze interests gained by parties, and its true that manipulation of this kind of basic perception is a tool being used and using still
And even this method of manipulating could cause some kind of reverse psychology effect, so confusion is the main game and ultimately a lesson i hope it to be for us to learn, a lesson which should enhance how we perceive the ongoing reality.realities
Its seem like Middle east war has its own attention especially with America from west and almost all nations in the Region.
What “feels” like an expected discrimination, is showing itself and what threatens the future of our Civilization in peace and prosperity is this very feeling’s existence ! But Europe, is one of the powerful forces in the axis of peace and i think they can help out Ukraine if it receives proper (especially)financial support so it makes our currency related plans more clear.
Ukraine's destiny, is very sensitive to our specie's evolution in its history and it will define all of us as modern civil humans in an uniquely designed era of our world.
And i think its time for Capitalism to engage its resources into the ongoing issues more than ever and the front line of supporting is the Europe zone. It’s obvious that we all want peace but its not that simple, there are a lot of variables with different natures and reaching that point with solid and stable outcome needs…<;,>’’
We understand now that our destiny (living..) is very much linked to each other at this stage of the civilization, So as peoples affected by decisions out of our control or even knowledge we should remind our selves that we are the main vein of every major changes through history and this time we can choose not to be just the subject of Their deciding, for Ourselves. S
People can show that they have a say in or against politics around this deep rooted chaos, now is the time, now we have the chance to brighten our role(as a..?) in this critical chapter of modern history, to honor the sacrifices of those who lost their lives for the path to the next chapter of our Civilization as a Whole in peace and harmony. And its kind of exciting to witness and participate in the building of a new world a one
which… (:coming soon:), uniquely with no similarity to anything in our known history.
When to sell Tata PowerNamaste!
Power stocks and the electric car maker Tesla have sky-rocketed since the Democrats took the Whitehouse in the year 2020. Tesla jumped 1300% (peak) from previous swing low of USD 29. Tata Power jumped 974% (peak) from previous swing low of INR 28.
I remember watching an analysis on YouTube, which emphasized that Democrats are more "environment conscious". If they won the election, they will do the Democrat thing i.e. make policies for the benefit of environment. So, power stocks, clean energy stocks (solar, wind) etc. will be benefited. It eventually happened, which can be seen in the prices of Tesla, Tata Power, Suzlon, Adani Power, etc.
Suzlon is an interesting case. Like Democrats and their environment policies in the US, India was also following the hype. Suzlon Energy's price increased 1300% (peak) since Nov 2020.
There is another reason, based on the shareholding pattern shared by the company on August 14, the promoters of the company held 13.3 percent stake in the company amounting to nearly 180 crore shares, of this stake, nearly 81 percent or 146 crore shares were pledged. Suzlon's promoters released pledge on 97.1 crore shares from SBICAP Trustee Company Ltd. It was another tailwind for Suzlon Energy Ltd.
Not a long time ago, we have been listening "electric" everywhere. The hype was great at that time, but soon AI (Artificial Intelligence) stolen the hype. I am not saying electrification will not happen. But, it might take a longer time than the market is realizing.
There is one more uncertainty, there is US election in Nov 2024.
So now I think it is a good time to book profits in Tata Power. It could be sold at Rs 260.
Disclaimer: This article should not be considered as an investment or trading advice. The analysis is based on my understanding and experience in the markets. You must do your own analysis and/or consult your financial advisor before investing or trading.
TESLA Bullish long-term if this level breaks, targeting $365.We have presented our short-term view on Tesla (TSLA) 3 weeks ago (see chart below) when we issued a buy signal on the Inverse Head and Shoulders (IH&S) bottom pattern that transitioned into a Channel Up, similar to the Aug 18 - Sep 15 bullish leg, that is very near to hit the $250 target as part of the Lower High formation on the 4-month Channel Down:
On the 1W time-frame, we see that the bullish trend of 2023 is still restricted by a long-term Lower Highs trend-line that started on the week of November 01 2021, which was the All Time High for the stock. If this Lower Highs trend-line (can be also viewed as the top of a Channel Down that only broke during the Dec 2022 - Jan 2023 market bottom formation) breaks, then Tesla most likely restores the bullish trend on the long-term.
It is very likely to do so immediately in the coming weeks as the correction since July can be interpreted as the Right Shoulder of a very wide Inverted Head and Shoulders (IH&S) pattern. If symmetry indeed exists between the two Shoulders, then Tesla aims at $365 long-term.
Since however we like to minimize risks at Tradingshot and take one target at a time, we will initially target $295, which would make a +52.28% rise from the October 30 Low, the lowest registered rise since the Bear Cycle started, and then buy after a pull-back.
Note that the 1W RSI already bounced on the Buy Zone that only failed once to give a rally, during the Dec 2022 - Jan 2023 market bottom formation, while the 1W MACD is close to forming a Bullish Cross, when all previous (three in total) occurrences delivered rallies of over +50%.
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Nasdaq - A Black Friday Blowout Sale?Using the SPX as a reference for ease of use, at the beginning of the November rally I asked whether or not manipulation would come after we saw a 5% rally in 3 days just because the U.S. Treasury decided to spam bonds at a lower, but still already highly inflated, rate in Q4 than they did in Q3.
SPY - Did We Bottom, Or Is Manipulation Coming?
The week before last, I cautioned bulls who believe in the "Santa Rally" thesis that we may just see sideways and manipulation back down with the end of year target being merely 4,600 and not 4,900.
SPX - Santa Ralliers: You Better Keep Your Eyes On The Clock
And for the record, I haven't cared about this rally because I haven't had a position, since there was never a retrace I never went long and shorting has looked bad, and turned out to continue to be bad.
But Friday the 17th marked the monthly Options Expiry (OpEx), and we predictably spent the day sideways. The next week ahead is U.S. Thanksgiving on Thursday, where the markets will be closed for the last time before Christmas, and then Black Friday the day after.
Although there is little news drivers this week, except for Employment on Wednesday and PMI on Friday, I posit that since the Nasdaq set a double top with its July high, we may very well see a 1,000 point "Black Friday blow out sale" this week that sets up a December rally that takes out the All Time High.
Keep in mind after this week, starting with "Cyber Monday," we still have four trading days to complete the November candle, and so we most certainly can dump an awful lot and rally an awful lot to finish the month some 2 or 3% away from where we closed on Friday.
The dangers in the markets are exceptional at the moment, however. Xi Jinping visited San Francisco for the climate theatre conference, where he met with the Biden Administration.
What this event indicates to us is that the International Rules Based Order is extending Xi, who is a Chinese nationalist, an olive branch to cede his control of China and form a critical hub in the coming One World Government.
But the IRBO has never been so intelligent as to understand that it cannot out maneuverer the Red Dragon of the Chinese Communist Party, for the Devil Red is a scourge who has come to ensure that humanity and all of its related souls are totally annihilated.
At the root of the conflict is the 24-year persecution of Falun Dafa, originally started by former Chairman Jiang Zemin on July 20, 1999. The campaign has targeted 100 million spiritual believers, even going so far as to commit the unprecedented sin of live organ harvesting.
Although Xi has been killing the Jianglings for more than a decade in his Anti-corruption Campaign, Xi is still the head of the CCP, the Red Dragon and Destroyer of Worlds, and this is a problem for him that he will either solve by overthrowing the CCP in a coup Gorbachev-style, or Heaven will solve it for him by sacking the Emperor's Bedroom in Zhongnanhai and Beidaihe.
For the IRBO, the problem the whole world faces is that the supposed "International Police" (and its Wall Street financial vanguard) have been staining their hands sanguine crimson with the Jianglings in Shanghai-Babylon all these years.
The sins are so extremely massive that they can never be fully paid for, and they still aren't doing their part to wash their hands and social distance from the Devil Red.
Instead, they're doing everything they can to expand the CCP's Zero-COVID Social Credit system worldwide.
And this is going to cause a Dark Winter for humanity. When that day comes, your indexes and your memestocks, your "Magnificent 7," even, will all trade like crypto dumpstercoins because no market making algorithm will be available to pump and dump, and at the same time everyone will be desperate to sell, with no buyers available.
But the good news is that when that day comes, you won't be paying attention to money anymore. Instead, what is unfolding in this world will be the only thing notable, and you won't have any interest, or any need of, following CNN and NYT and Xeeeeeeeeeeter for updates.
The information will come from a combination of your own eyes and another platform, one pure and clean.
Lord Jesus once told his followers: "Whoever has eyes, let them see. Whoever has ears, let them hear."
The blind and the deaf will be culled, and such is the nature of the trial all souls face.
Tesla's Technical Tale: Unveiling Patterns, Bulls on the HorizonDiving into NASDAQ:TSLA chart, the past few months have been a wild ride. However, we spotted a Higher lows and higher highs on the 2-week candles signal a strong upward trend since January 2023.
Now, the current week is like a suspenseful moment. We've got this bull flag about to make its move, following the script of a previous successful bull flag. It's like the market is saying, "Hey, history might repeat itself."
Zooming out to September 2022, there's this massive cup and handle formation in play. Think of it like a cup of optimism, and the handle is a breather before potentially soaring higher.
And there's more drama with an inverse head and shoulders pattern hinting at a trend reversal. It's like the market whispering, "Watch out for the comeback kid."
Now, let's talk RSI. It's been dancing near a downtrend line, kind of like it's testing the waters. But, here's the twist – the RSI is perking up, getting ready for a potential bullish move by crossing its moving average.
The big question: Can the RSI break free this time? If it does, especially with a nod from the moving average, it could be the green light for the bulls.
But, hey, lessons from the past – previous attempts didn't quite make the cut. So proceed with caution.
And, oh, don't forget to listen for volume signals. A breakout with strong volume could be the cheer from the crowd for the bulls.
In this market story, where surprises are the norm, having a simple game plan and keeping an eye on the bigger picture is the secret sauce. Because, in the end, even the slickest strategies can't predict every turn in this market tale.
Technical Analysis: Tesla (TSLA) Signals Upcoming Bullish PhaseThe MACD analysis for Tesla (TSLA) indicates that its price has crossed above its signal line, suggesting an upcoming bullish phase. Despite facing resistance around 216.78, Tesla experienced sustained selling pressure, causing it to retreat by 4.79. However, the recent price action crossing over the signal line is a positive sign for the stock.
Tesla continued its upward trend with a 0.66% gain in this session. It also managed to recover most of its losses from the previous session, where it dipped down to $218.4.
Over the past 5 days, Tesla has gained 5.1%. In comparison to the Nasdaq, Tesla has outperformed by 89.74% so far this year. The stock currently has a market cap of $699.24 billion. On the day, there were 119.53 million shares traded, slightly higher than the average daily volume of 118.21 million shares.
Despite its strong performance in the current session, Tesla's stock remains a "Strong Sell" according to market analysis.
In other news, Walt Disney closed at 85.07, up 2.14% in the previous session. Starbucks gained 2.65, or 2.64%, finishing at 102.65 after closing at 100 on Thursday. Toyota also saw a 1.63% increase, ending the session at $189.59.
TESLA Its biggest do or die moment is now.Tesla / TSLA is on a non-stop rise since the October 31st bottom.
Today it crossed over the 1day MA50.
The biggest obstacle lies on the Falling Resistance itself which rejected the price the last two times.
The Resistance becomes even stronger as it is exactly on the 0.786 Fibonacci level, which was the rejection point on September 15th of the previous rise sequence.
As you realize, a crossing over this double Resistance cluster will be a long term buy signal.
The 1day RSI has already crossed over its Falling Resistance, potentially giving an early warning.
Buy either if the price closes a 1day candle over the 0.786 Fibonacci level or if rejected, after a 1day MA50 pull back.
If it breaks over the 0.786 Fibonacci then, keep the buy and target 299.00 (Resistance A). If it closes under the 1day MA50, dump it.
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Tesla entered the Golden ZoneTesla is ready for another leg up: - NASDAQ:TSLA
Technical Reasons:
Tesla has entered the golden zone - between the 0.5 and 0.18 Fib retracement
Money Flow Divergence on the daily
Commodity channel index divergence on the weekly
Stochastic Momentum switch on the daily
Already +- 5% off the lows which shows buyer are stepping in
RSI is exiting oversold territory
Fundamental Reasons:
Tesla had a +- 35% correction after missing expectations - This has now been priced in
Tesla Cyber Truck rollout commencing this quarter
Growing EV penetration vs Ice vehicles
Growing demand and margins in the energy storage side of the business
Continued expansion of production capacity (Mexico factory has the go-ahead
Continued investment and breakthroughs in real-world AI
Overall robust financial performance and cashflows
Obviously the potential for infinite returns due to Tesla's Optimum humanoid robot**
Trade setup
Pending a confirmed breakout
Entry between $204 to $209
Take Profit 1 - $230 - which will start filling the gap
Take Profit 2 - $242 - which will complete the gap fill
Take Profit 3 - $267 - previous swing high
Once TP1 hits - move stop-loss to break even for a risk free trade
Good Luck
TESLA Strong bullish break out.Tesla crossed today over the Falling Resistance of the Bearish Megaphone.
This is a strong bullish break out for the short term, especially as long as the MA50 (1h) holds.
The Bearish Megaphone may transition to a Channel Up, so this is a buy opportunity.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 240 (+16.77% rise like the first bullish leg of this potential Channel Up pattern).
Tips:
1. The MACD (1h) formed a Bullish Cross, like October 31st. A technical bullish signal.
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Notes:
Past trading plan:
Tesla Inc. (NASDAQ:TSLA) Concerned Over Its FutureAfter plunging in 2022, Tesla (NASDAQ:TSLA) stock gained more than 70% year-to-date. The rally can be attributed to better-than-expected fourth-quarter results, efforts to boost production, and improved sentiment for growth stocks. However, based on technical indicators, TSLA is a Sell near its current levels..
Tesla stock’s 50-Day EMA (exponential moving average) is 185.75, while its price is $185, making it a Sell. Further, TSLA’s shorter duration EMA (20-day) also signals a bearish trend.
The company’s move to slash prices for its vehicles in order to spur demand is expected to impact its profit margins in the upcoming first quarter. Moreover, excess production over deliveries and increased competition raise concerns over its future stock price movement to some extent.
Overall, Wall Street is cautiously optimistic about Tesla, with a Moderate Buy consensus rating based on 19 Buys, 10 Holds, and three Sells. The average TSLA stock price target of $219.57 suggests nearly 19% upside potential.
TESLA: Should HSBC's $146 target price scare the market?On first impression it is obvious that this reduced rating of Tesla shares by HSBC, did scare the market as the price is falling more than -6% intra day. The 1D technical outlook is now bearish (RSI = 37.472, MACD = -7.750, ADX = 34.942) with the price dropping below the 1D MA200, despite having it hold the last 4 sessions. Perhaps the most dangerous development is the rejection of the RSI on the LH trendline of June.
That is also evident on the 4H timeframe, the same LH trendline is present and just rejected the RSI. On the bright side though, the 4H timeframe shows that the current pattern is an Inverse Head and Shoulders similar to the bottom patterns of August, April and January. All those patterns former the RS (Right Shoulder) under the 4H MA50 but over, even slightly, the 0.5 Fibonacci level. Now the price is slightly under it. If it closes there, consider it a bearish sign for the short term.
On the long term, the key is where the 1W candle will close. With the 1W MA50 and MA200 on top of each other, the last two weekly candles closed over them, which hints towards a bottom formation. If the week closes again above them, consider it a bullish sign. If below, then HSBC's target may soon become a reality as selling order will pile up.
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TSLA !! MASSIVE HEAD AND SHOULDERS TSLA might be forming a massive head and shoulders pattern on the 4hr chart. If price can maintain current levels we could see a quick push to all time highs. Just need to break the neckline for an explosive move!
Elon announced exciting news about their Lithium factory as a "cash printing machine for 2024" . News like this could help spark a rally in the ticker
As we don't know if/when this will take off, I am thinking about getting some 1.5 leveraged TSLL, and also grabbing some TSLY at these low levels.
Tesla - Remember, The Ponzi Always ContinuesSo, you've realized that Teslas aren't particularly great cars, EVs becoming a worldwide trend is a hoax, and that Elon Musk isn't any kind of very saintly very MAGA saviour of humanity during the end times.
And now that price is down a lot, we want to victory lap and short, because the public relations firms that are running the campaign needed to produce liquidity for banks and big money funds to buy told you to.
The problem with the short Tesla thesis right now is that Musk pledged a significant volume of his shares as collateral to get big money to finance his acquisition of Tweeter, (now known as Xeeeeeeeeeeeeeeeeeter), which by some accounts is worth some painful $15 billion compared to the $45 billion he (they) paid for it.
And so what this means is that there's been significant incentive to sell in the $250 range and buy back lower as a form of risk hedging, with the ultimate purpose of selling higher.
All for the sake of just making all the money without losing any of the money when Xeeeeeeter inevitably goes public in the future because Musk made it the manifest Western form of the Chinese Communist Party's social credit apparatus, WeChat, because Shanghai Gigafactory bro just loves the way the Party does things.
But the risk for bulls, and the economic system alike, is that "the best laid plans of mice and men oft go awry," which is to say that when it comes to gambling on Xi Jinping and his Chinese Communist Party, a fool is a fool.
One should oppose the CCP because it's responsible for the 24-year persecution against Falun Dafa's 100 million practitioners, and the campaign of live organ harvesting genocide that came with it.
Although that campaign was launched, and continued, at the hands of former Chairman Jiang Zemin, and Jiang is dead now, Xi is still the head of the Party, and the first thing you do when slaying a red dragon is sever its head.
Actually, the first thing you do when slaying a red dragon is sever its tail. Former Premier Li Keqiang, who was Xi's right hand man for a lot of years, recently died "of a heart attack," which is likely code for "was knocked down by Wuhan Pneumonia."
If the pandemic in Mainland China is killing the Xi Faction, the world has big time problems.
And it seems to me the recent conflict in Israel and the war that's being launched into Syria and Iran is probably to create a gateway to Mainland China, since Iran connects to Pakistan and Afghanistan, which are already U.S. controlled.
Everyone wants control of China and its 5,000 year history when the CCP finally falls.
So back to Tesla.
The logic is fairly simple.
Because 2023 started uppy, we expect 2023 to finish uppy. We do not expect things that start the beginning of the year on a moon mission to correct into the end of the year, because generally speaking the scam isn't played like that.
Which means that all dips are a dip to buy, and especially when we're finally printing prices under "$200," it's a dip to buy.
But the MMs are the most annoying of the most annoying people and like to run things to lows that are less comfortable. Shipping under $180 from $197 is a further loss of another 10%+, which means options expire worthless/devalue effectively, and everyone is a winner, winner, chicken dinner, except for you, who gets to finance happy hour, strippers, and cocaine at 1:31 p.m. on Halloween Tuesday.
Either way, it's worth expecting the May pivot to hold as a low, a higher low to form, and then we really do see the $320 parade into the end of 2023.
Ho, ho, ho, Happy Santa Rally.
Remember, the Ponzi always continues. By the time the ponzi stops continuing, all the bears will have long since been liquidated. The disaster sequence is when they take down bulltards who buy the dip, buy the dip, and buy the dip as it races towards zero.
And Tesla doesn't have that MULN-style landslide apocalypse pattern. That only happens when big bags are empty and nobody ever buys something again.
So all the price action is just shareholder printer selling.
Yet.