Teslaanalysis
Let's watch the 592 area!Tesla is trading in a decisive point! The 592 is a strong resistance for us, and it couldn't be defeated today. At least Tesla hit the 20ma again, and it is a nice support level.
If Tesla breaks the 592 tomorrow, it might climb to the 626 next, and this would be a breakout from a pivot point, a good reversal pattern for us.
In the 4h chart we have an open gap at 733, but the bias is bearish. So, we must wait for the confirmation in the 30 min chart.
The RSI is pretty weird in the 4h chart, and we have a divergence in the 30 min, and if Tesla breaks the 592 resistance, we will see a nice trade ahead.
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Melissa.
TESLA ANALYSIS (BUY)TESLA has continued trading in its daily ascending channel. Price has now reached the ascending support and we can clearly see how the ABC correction has formed. With the bouncing off from .382 fibo, we can expect this to be a flat correction and we should now expect a bullish impulse soon.
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Exit the uptrendDescription
It has been on an uptrend for about 14 months. In fact, after March 2020, when prices moved away from their real value, most markets started an uptrend, but apparently this uptrend has continued so long that it is no longer organic.
The uptrend line that has been around for a long time is broken and there is a support that will probably prevent a re-fall for a while, and a downtrend line is observed that is relatively strong.
But what is the current trend ??
When we get out of the uptrend, we either have to wait for a downtrend or the market will suffer for a while. Side resistance and if the downtrend line overcomes support We should expect a downward channel.
TESLA END GAME Inflation + EV Bubble + Bearish TA + Crazy Elon = Extreme Volatility
-If inflation sell-offs keep up, markets will go down and so will Tesla. Bearish sentiment in that sense.
- Market is getting over-saturated with EV startups and good competition. Tesla is like the OG but it ran up too fast and quick due to pumps and speculation.
-Closed below upper support levels, and that bullish pennant that broke to the downside isn't helping.
-Who knows what Elon will tweet next...
I expect more downside before the upside.
Good investment and volatility are great for trading at support levels.
TeslaFan Token (Just Idea for new coin)Hi Everyone. Guys, what you think about this?
Please share your thoughts.
TESLF
@gasimli
Tesla long starting the next leg up? Last week on Friday TSLA S3XY algorithm initiated a long position on the 30 min aggregation period with extended session ON at 10:00 AM est. S3XY algorithm is designed for automated trading using common shares; however, enabling extended session ON allows option traders to pinpoint entry with discretion. On the daily time frame s3xy is still showing a sell short position, so next week tsla will attempt to breakout out or continue lower and break down below 700 and lower with volume.
Wait for Tesla to climbDescription :
Tesla has experienced a 15% drop after hitting its resistance and is close to an uptrend line, which we believe is likely to grow after hitting its uptrend line to its downtrend line, which is considered a dynamic resistance, and is witnessing an effort. We fail and then it is expected that in the next attempt, it will break the downtrend line and grow to its important resistance.
$TSLA - charting stonks stinks, make it 24/7A good place to bid some TSLA may well be this ascending trendline that has confluence with the golden pocket of previous up leg
Could treat it as a swing with stops below 619 and TP's around 815
Might make this trade on a crypto exchange to try the tokenised stonks out
I hate charting the gaps. Bankers need to control the open and close so they can manipulate when they are awake!
Tesla Long TO $1200 Following is a LONG analysis of Tesla Inc coming in for the next few weeks/months. The five-wave Elliott wave series started on June 25th, 2020 around $185 developing a good 5 wave series, here are few confirmations of why I think this is a 5 wave series:
1) Wave 1 started low at $185
2) Wave 2 is a symmetrical triangle that finished correcting W1 at 38.2% correction at $398
3) Wave 3 started on Oct 20, 2020 and had a good run-up of FIB 161% from $398 to $900 ending on Jan 26, 2021
4) Wave 4 is a sharp zig-zag correction but sine Wave 2 is a longer correction, Wave 4 is a shorter and sharp correction ending around $555
5) We are now in Wave 5 of the total Elliot 5 wave series and wave 5 is calculated in the following ways :
a) Calculate the length from the start of W1 ($185) and end of W3 ($900) = 900-185= $715
b) Calculate the length FIB levels ratios of this length of $715
38.2% ($175) - $273.13
50% (175) - $357.5
61.8% (175) - $441.87
100% (175) - $715
6) Now add each of these levels to the end of W4 which is also the start of W5 i.e. $555, so we get the following projections for Wave 5 $828,$912, $996, 1270
---------------- Summary --------------
1) I believe for Tesla we are at the start of Wave 5 as a big Wave 4 correction ended just recently
2) I believe Wave 5 is going to be an extended wave because Wave 1 & Wave 3 are of normal length
3) My prediction for Wave 5 is a minimum of 100% extension which is around $1270 in the next coming months
Appreciate everyone's feedback, happy trading
TSLA - BREAKOUT JUST BEFORE EARNINGSMultiple indicators pointing to a big breakout just before earnings for Tesla this coming Monday. Dogecoin has distracted a lot of investors in the news lately, but is losing steam. Tesla will undoubtedly smash earnings estimates - the question is by how much. Tesla started off today with a big gap up that was filled shortly thereafter, and was weighed down by S&P headwinds with the overall market down on the day. Aside from the Chauvin circus coming to a close and the potential ramifications it could have, expect the S&P and Tesla to finish the week strong in preparation for next weeks earnings.
This weeks target: $755-$772
Expect moderate resistance at the $745 level, but short of the market at large weighing on tesla if other earnings reports come up short, expect Tesla to continue trending upwards with a price north of $800 by earnings day not out of the question.
TSLA - STOCKS - 12. APR. 2021Welcome to our weekly trade setup ( TSLA )!
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4 HOUR
Bullish price action.
DAILY
Strong turnover..Expecting more pressure.
WEEKLY
Overall bullish turning market.
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STOCKS SETUP
BUY TSLA
ENTRY LEVEL @ 698.94
SL @ 649.08
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
TSLA chart is quite interesting!!The Price Chart of TSLA is quite interesting as there are many price patterns forming.
In a birds-eye view, you can see a symmetrical triangle. Then, in the short-term, price is making an ascending triangle which is a bullish biased pattern. Interestingly, it has a breakout and retest is in its completion phase. Also, there seems an inverse head and shoulders pattern inside this ascending triangle that is again a bullish biased pattern.
In short, the TSLA chart looks super bullish. Here are the price targets according to the analysis:
#TSLA
Entry 740-790
TP1: 823
TP2: 898
TP3: 1050
SL: 556
What do you think?
Doge coin with ilan mask energy going to 0.72$!!!I believe that "ILAN MASK" decide to fly price of dogecoin because he has a big size of dogecoin!
I predict it will go to 1$ for each coin with GAAN method!
You can see how price of dogecoin going from 0.13 going to 0.72$!
Next coin is what? by whom????
We need support!!!!
good luck everyone!