Tesla Analysis 20.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
Teslaanalysis
TSLA at Support! Will it Bounce?Looking at TSLA on the weekly, we can see it's still in a downwards channel but has a high possibility of bouncing here. Let's look over a few things:
1. It's at the bottom of the channel which it's been in since Oct 2021
2. It's also at horizontal support of $150 that was a key level back in Sep/Oct 2021
3. The weekly RSI is almost oversold and hasn't been this low since June 2020
All of the above signs show a good R/R level for buying or at least starting to DCA here. If TSLA bounces here, I'm looking at taking profit at the $190 level. If it continues to fall, I'm looking to DCA more at the $129 level (next area of major support), followed by $111, $92, $62, and $24 respectively.
If you enjoyed my TA, please send a boost my way and comment below. Thanks :)
$TSLA on 1hr Pullback incoming$TSLA on 1hr Pullback incoming
Quadruple (Quad) Witching:
The term quadruple witching refers to the simultaneous expiration four times a year of stock options, index futures, and index futures options derivatives contracts.
The fourth type of contract involved in quadruple witching, single-stock futures, hasn't traded in the U.S. since 2020 and was never a major contributor to equity trading volumes
Today is Quadruple witching day. My indicator shows a incoming downturn for TSLA.
"Quadruple witching day is a bearish day, quadruple witching week is bullish, and that the last hour of quadruple watching day is bearish."
What are your thoughts?
Thanks,
Kelly
TSLA to our Lower EndI provided some content around this stock, but let me also outline the intraday levels as you see on the chart. If price gets down to our 163.73 to 161.72 it is a buy, IMO. The same as I outlined this past Wednesday, but be patient and wait for the levels. You can check out my profile where you can find additional content on this stock and others.
Also linked some other stocks where I provided content.
Tesla TSLA Update TechnicalTesla TSLA Technical
TSLA has been getting hammered past week, it is down almost -15% from $180 to $169
What do I see on the technical side?
- Reached new lows
- Strong support at 170.00
- If support breaks we are coming towards 166.00
- We SHOULD see a retracement towards $188
- We are forming a double bottom which is great news
- Fib retracement should hold at 0.5 at least to 0.618
Do you agree we will retrace to Fib level 0.618?
Tesla Analysis 04.12.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
You can also check out my previous analysis:
Tesla: Up in Space 🚀Tesla is on the rise and imminently leaving the grey target zone between $196.68 and $156.80 behind to surpass the resistance line at $237.40 in order to finish the green wave . After completing that movement, we're expecting the course to drop below the $237.40-mark to complete green wave and regain momentum to ascent back North.
TESLA MIGHT HAVE 7% UPSIDE Looking at TSLA's chart with the Ichimoku Cloud it looks bearish. The cloud has a fairly thick cloud which tells me TSLA is going to have a tough time breaking through to the upside.
-The white arrow I have placed on top of the red line (Kijun Sen) is showing the price of TSLA is in the middle between the red and blue line (Tenken Sen). I believe we push up towards the cloud again before resuming more downside.
- The X I have marked by the thickness of the cloud is where I expect TSLA to get too before falling again.
Tesla Analysis 28.11.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
I will personally reply to every single comment!
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel.
Thank you for watching and I will see you tomorrow!
Tesla Analysis 15.11.2022Welcome to the BasicTrading channel.
My name is Philip and in todays analysis I quickly go over the situation which we currently have on Tesla.
I will analyse the asset both from a weekly and daily timeframe to show you the best possible trading opportunities.
If you enjoyed this analysis, let me know in the comment section which asset I should analyse tomorrow.
I will personally reply to every single comment.
Dont forget to smash that rocket and I will see you tomorrow with a new analysis.
Tesla: Elliot Wave Price Action 4HrHello. Regarding the share of Tesla, we see that after a downtrend, we hit the bottom of the channel and we see growth again. It seems that after a strong failure in the monthly time frame, there is a pullback on this level to the value specified in the chart with this ABC correction.
Strong Sell Signal On Tesla For Swing TradingI analyze on daily and weekly chart. Here are the list of indicators that Tesla is going down:
1. 100 SMA and 25 SMA crossover on weekly timeframe. SMA crossover is the first indicator I look for because it is the first indicator to show up.
2. Support line is being break by today's candle from the consolidation in the past month and the support from past few months. You can see my support line in color white in my chart.
3. -DI is above the ADX and the +DI is below the ADX which means it is very bearish. The slope of the ADX also counts. The higher the slope, the stronger the signal.
I'm currently looking for 130-150 for possible support. My first signal to close the position is when the -DI goes under the ADX but I will still wait for further indicators of reversal before taking profit.
Tesla 20 % bounce comingRecently we published where we explained that there´s more downside coming. So far the idea is playing out as expected.
We expect the price continue down as angles of the Keltner channel are still pointing to the downside . We expect the price to reach the buy zone in the next days. Next we expect the bounce and filling the gap which corresponds with the price resistance .
Summary of the trade:
20 % gains to be made by bulls.
Buy at the support
Sell at the resistance / the gap
Good luck
Tesla, the stock market daring no more?I've never been a big fan of Tesla, especially since speculation is rampant on a stock that does NOT pay dividends, but I digress... Tesla look to have coiled up in a symmetrical triangle or what could also be a head and shoulders pattern, "IF" the pattern were toplay out we could see price fall as far as $110. So far my short from $275 is in profit, but I'll be closely following as this trade develops.
📈⚡TSLA is in Buying situation!!! TSLA is in Buying situation!!!
It is searching for its previous resistance (SURELY), 80% of Probability.
And it is searching for the previous resistance (MAYBE).
The Market will show us in next days what will be happening.
So we have now at least an easy money to earn by buying now at 222.03 and taking profit at 257.10
We-are-making-money-TSLA
TSLA Tesla Double Bottom | Call Options to Buy ! If you haven`t sold the Double Top:
Then maybe you should buy the regional Double Bottom now.
Looking at the TSLA Tesla options chain, i would buy the $220 strike price Calls with
2022-11-18 expiration date for about
$13.55 premium.
Looking forward to read your opinion about it.
Tesla earnings are everything tomorrow!Traders,
Do not underestimate an earnings miss on Tesla tomorrow. Earnings est. is $1.00. If missed:
1. It could trigger the start of the massive bearish H&S pattern.
2. It will bring down the Nasdaq with it.
3. Nasdaq will bring down other indices like the SPX.
4. SPX coming down could break its critical support that has held up thus far.
5. Investors tend to correlate stocks like Tesla to crypto. An alarming report can levy more significant damage to bitcoin and crypto than its already incurred.
In my view, it is critical Tesla does not break and confirm the break of its neckline here over the next few days! Earnings must be hit and the $212-$215 pps MUST hold or it could mean trouble. Watch this closely!
Stew