Get started

Teslaanalysis

TESLA will be included in SnP500 (Bullish breakout expected)Tesla reported its fourth quarterly profit in a row Wednesday, positioning the electric-car maker as a leader in an auto sector that has struggled during the pandemic, and clearing the way for the stock to join the S&P 500. For the second quarter of 2020, Tesla made $104 million in net income on more than $6 billion in revenues. That beat forecasts by Wall Street analysts who had anticipated a loss of nearly $250 million and revenues of $5.4 billion. Based on some calculations, approximately 20% of the outstanding Tesla stocks will have to be purchased by those index funds trailing SnP500 and they can purchase it anytime before or after SnP announces that Tesla will be included in the index. There is also quite alot of shorts opened (people betting against Tesla) against Tesla (approx $20 billion) which means if market pumps today, those shorts trader will have to buy back some Tesla shares to exit their positions. Therefore, i'm quite bullish on Tesla for this short period time and although it is overvalued if you look at their market cap compared to their profits, market forces in the trading market will push this stock up for the time being.
NASDAQ:TSLALong
by Trader_hao
4
Tesla Earnings, where to? VOLATILITY ahead!FA: Tesla has been parabolic the past few weeks and has formed several new highs; the release of the earnings is bound to create volatility both ways. Option traders are using a straddle strategy where they are predicting a move of $200 in either direction with the use of the SAP volatility INDEX (VIX) which we can see sometimes does correlate with the volatility of Tesla. Bulls expect the S&P 500 inclusion for Tesla to be confirmed as they have reported profits which may lead to high volatility. TA: News could already be factored into the current price and thus can expect a retracement at market open. If Tesla breaks above the resistance for the previous high, then we can expect it to form new ATH if not then we can expect it to retrace and perhaps fill the lower gaps although unlikely. -Megalodon Whales (Rahim) Enjoyed doing this chart for you, you are welcome to post your own ideas and comment below :) NASDAQ:TSLA MIL:TSLA SWB:TL0 BMV:TSLA
NASDAQ:TSLA
by BoSukas
2
Analysis on Tesla Stock RallyMany people are looking at Tesla's stock currently because from March till now, within a period of 4 months, it went up approximately 5x which is rarely seen in the stock market. Tesla is a huge company but it has never yet made profits for four quarters in a row, and thus isn’t eligible for inclusion in the S&P 500, the world’s most tracked index. If it manages to show a profit for the second quarter, then it will have passed that threshold, and the committee that oversees the S&P 500 would probably add it to the index sooner rather than later. Tesla's market cap is currently at $275 billion. With only having less than 10% of Toyota's revenue, Tesla market cap is currently approx $50 billion higher than Toyota's. I feel Tesla is probably overvalued now and is primed for a crash soon. Think it will hit support at around $1,000 price point.
NASDAQ:TSLAShort
by Trader_hao
Fun Time Approaching For Tesla! (TSLA)I am highly interested on tesla as we approach an edge play at all time highs! Followed by the massive market crash tesla has ran non stop on the larger timeframes to the current position of 885.66, that is a lot of rocket fuel! 👨‍🚀 BEAR SCENARIO: What your going to want to look at on the daily timeframe is to watch for the Crossover strategy take place. We want to see the green candles compress for a red doji crossover for interest on a potential massive short position. Once we ge the cross confirmation the next step is to start to see the red candles cross over the green line that it has been trending above since the bottom. That is how we will spot the Resistance pressure. We notice on the ema dots below we have one confirmation of red dots printing, we need to see them all line up and follow. Your strongest confirmation is when the candles and the ema dots align. That is the money shot. Like we say in say in our course we always use tight stip loss in case of a reversal! 1-3% BULL SCENARIO: We already have green candles in motion but the current Resistance level we are watching is 910.04. As we approach this edge we want to look for a breakout to fire long. So if we can get price to break we will fire long and apply our stoploss and continue to track tesla based off the ema dots and the Crossover strategy. Our stoploss will become 1% on a break back low then to reverse to a short and play this level till we get pull on the new long term trend. (Tight risk management on breakouts) A breakout like this your going to see a pullback to test it to see if the highs are a new level of support or just a fakeout. If bull pressure can snap it and really kick in you should be solid. If it hesitates then you know something is up. All time highs are a great spot to look for a very long term position. 910.04 is your money level. Play the strategy to the book. We will be using the daily and the 3 day charts for this one. Will stay updated on tesla as I scout it. Best of luck, enjoy your sunday and have a blessed day! 😁❤✌😁❤✌ ⬇️ Drop some comments and let us know what you think will happen next! ⬇️ 🥇MLT | MAJOR LEAGUE TRADER
NASDAQ:TSLA
by UnknownUnicorn2319099
35