TSLA (Tesla) Inverse Head & ShouldersTitle: Buy BUY TSLA (Tesla)
Asset: Stock
Platform: Robinhood/WeBull/Etrade/ MT4
Symbol: TSLA
Type: Buy Market Execution / Buy Limit
Time Frame: 1D
Entry Price 1: $645.00 ACTIVE ✅
Entry Price 2: $625.00 (PENDING)
Stop Loss: $595.00 (500 Pips)
Take Profit 1: $695.00 (500 pips)
Take Profit 2: $745.00 (1000 pips)
Take Profit 3: $795.00 (1500 pips)
Take Profit 4: $845.00 (2000 pips)
Status: 🏃🏽♂️Active🏃🏽♂️
What is Inverse Head And Shoulders?
An inverse head and shoulders, also called a "head and shoulders bottom", is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends. This pattern is identified when the price action of a security meets the following characteristics: the price falls to a trough and then rises; the price falls below the former trough and then rises again; finally, the price falls again but not as far as the second trough. Once the final trough is made, the price heads upward, toward the resistance found near the top of the previous troughs.
A true head & shoulders pattern doesn't occur very often, but when it does, many technical traders believe it's an indicator that a major trend reversal has occurred. A standard Head & Shoulders pattern is considered to be a bearish setup and an "inverse" head & shoulders pattern is considered to be a bullish setup.
KEY TAKEAWAYS
* An inverse head and shoulders is similar to the standard head and shoulders pattern, but inverted: with the head and shoulders top used to predict reversals in downtrends
* An inverse head and shoulders pattern, upon completion, signals a bull market
* Investors typically enter into a long position when the price rises above the resistance of the neckline.
Teslaidea
$TSLA may see another 5% drop soonHello fellow traders. TSLA saw a drop of 12% from ATH the past three weeks. It looks weak here after being rejected twice at the 21ema. RSI moved below 50, and MACD is approaching the 0 level quite fast. Additionally, ADX crossed below 20 and -DI crossed above +DI. Momentum is not in favor of TSLA for sure. Another bearish sign is that the 14ema is about to cross below the 21ema. if that happens, we could see some more downside. Unless bulls step in soon I think a retest of the 50ema is very possible. That would send the price down about 5% or roughly $750. However, TSLA still has to break below that support, which has held the price twice already, and the 0 fib retracement level.
On the positive side, OBV is still rising--albeit slightly--so traders are buying at these levels even though the price is bouncing up and down. I have accumulated a decent amount of shares but if/when we retest the 50ema I will be ready to load up even more because I believe the price will bounce nicely from there.
Good luck and safe trades!
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***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
$TSLA in accumulation againHello fellow traders and dear padawans. As we can see from the chart, after the March 2020 crash TSLA has been trading on a clear pattern of accumulation followed by steep rallies. It looks like we are in another accumulation ranging between $790 and $900. Although volume has been decreasing that OBV keeps going up like a rocket, which gives me confidence there will not be a big correction (given the market as a whole doesn't go through correction). RSI is holding above the 50 level but not on overbought zone, which is what we want to see. The MACD has been on a steady rise since the crash. It is now taking a breather from that long run. Last time it happened was on the previous accumulation on the $600s. Also, after that dip last week the price moved above the 21 and 14 emas. Today it found support on the 14ema and moved back up, which is a good sign.
I bought a fair amount of shares when the price dipped to $795. I am still accumulating at these levels, specially when the price falls and responds to a fib level or ema on the daily or intraday timeframes. Along with APPN Tesla is by far the most profitable stock in my portfolio, and one of the most profitable that I trade so I keep buying on every dip and repeating the same process.
4hr chart
Safe trades!
Show your love:
If you get anything out of this TA, please hit the like button so other can find this analysis quicker.
Follow for more:
If you want the best entry/exits just follow me, you won't regret. Thanks a lot!
***The ideas shared here are my opinion, not financial advise to place trades. Please do your own research before buying/selling stocks***
Almost 30% Tesla correction Tesla has been in a steep uptrend since it broke out from the $500 zone at the end of November and price seemed to be overstretched at the moment. I think Tesla will hit between $710-$720 before finally triggering a huge selloff for a correction back to the $500 zone. Price is forming a rising wedge, showing bearish divergence, and it has yet to retest the $500 zone it was struggling to get past before late November. I would never sell Tesla but I'll definitely be looking for buys around that $500 zone that should become a new support.
MTF killer zoneThis MTF Killer Zone, its drawn when yesterday or the last period closes, it so powerful .
The way I use it is buying and selling as a support and resistance zone (but its not support and resistance analysis) or at a retest when it break, and if its not touched by the price today or in the current period ... than the zone will be still valid for any time in the near future (3 to 4 days or periods in this example).
You can use it as a target if you already have an open position in the market, or using a time frame for entry and another for target.
I can send for you on request different time frame the MTFkillerzone, such as weekly and monthly also good for yearly.
I recommend to use it only major pairs, also any other financial instrument ( Commodities , indices, bonds, and equities) .
Enjoy the setup please! :)
Tesla "Long"As announce today and based on the dilution decision of the Tesla to sell some of its shares of its company for 5 billion $ value what is the meaning of that for stock holders?
As Tesla is investing in Berlin and Texas for new factory lines and consecutively higher production rates, this 5 billion dollar absorption of Finance has a clear asset value and debt reduction of Tesla within 3 months. This perhaps will lead to risk reduction and lowering of current debt ratio of the company. The positive side of point of view is that now each stock has a higher value with 5 billion dollar cash flow in. Though it seems a dividend dilution for investors but in fact this strategy is a risk management approach for higher production rate and especially for future.
With this move not only the current valuation make more sense but it also will have a long term impact for holders. In addition, with S&P joining in 14th and 21th of December higher means of support for this company will be provided and will bring a positive insight especially for emergence of Electric vehicles, new batteries and solar energy products in prospective years.
TESLA at $700 before end of year?TSLA stock is very bullish just after the announcement of its S&P 500 inclusion.
Why $700?
I just found an old similar pattern...
Your comments are welcome.
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Legal disclaimer: I am not a financial advisor. The advice here given is not a financial advice even though my excitement might make it look like such. This account shouldn't be followed by anyone expecting something from me. You trade at your own risk and nobody can guarantee you results. Even if someone could, I don't.
$TSLA - MOMENT OF TRUTH! Bullish pattern forming$TSLA is in a moment of truth here. #TSLA formed a bullish pennant after hitting all time highs. Pennants are considered continuation patterns (in this case a continuation of the violent uptrend). The volume is also declining in typical fashion during these types of continuation patterns. The Stoch RSI is oversold which TSLA responds well to on the 1D chart.
The yellow arrows are when TSLA reported delivery numbers too. These have typically been the launch point to new breakouts. If TSLA can break out of the pennant, the expected mid term move is towards $616 where the 1.272 Fib extension is. This would also coincide with its inclusion in the S&P 500 at the end of the year or the beginning of 2021.
Bullish pennants aren't a guaranteed bullish continuation though. They break to the upside a little more than half the time so prudent traders will want to watch for the breakout first.
Like & share! 👍🏼📣
Gedankenexperiment: Vollständige Ladung in 12,5 min?Wer Batteryday verfolgt hat, konnte sehen, das Sie einen Akku Produzieren werden der "6 times Power" besitzt.
Das bedeutet an sich, dass das Fahrzeug das sechsfache an Leistung aus der Baterie entnehmen kann und das bei einer deutlich besseren Kühlung.
Dreht man den Spieß um, bedeutet das auch, dass die Baterie mi der sechsfachen Leistung geladen werten kann.
Unter berücksichtigung der aktuellen Ladezeiten von rund 75 min von 0 auf 100 % bedeutet das:
75 Min/6= 12,5 Min!!
Schöner finde ich allerdings folgende Rechnung mit der Ladezeit von 0-80 %:
40 Min/6=~4 Min
Meine Einschätzung:
Solid State hin oder her: Die wird lange Zeit zu teuer sein. Selbst wenn diese 50 oder gar 100 % mehr Energiedichte und auch Leistung hat, werden diese nicht an den Preis ran kommen welcher am Bateryday vorgestellt wurde.
Das Patent schützt Tesla ersteinmal vor einer Kopie, wie lange ist allerdings offen und sollte immer im Blick bleiben!
Andere Hersteller müssen erstmal an diese Ladezeiten kommen, was mit der alten Technologie nicht möglich ist. Unabhängig von der Kühlleistung des Akkus!
Es sieht echt nicht gut aus für die Konkurenz...
Langfristig gesehen hat Tesla mehr chancen als GM und Ford zusammen, da diese erstmal Ihre Schulden begleichen müssen (GM+Ford=300 Millarden; Tesla=30 Millarden) bevor Sie wirklich anfangen können Geld in die Forschung für Elektrofahrzeuge zu stecken.
Allerdings müssen SIe dafür die allten Fahrzeuge erstmal loswerden und das deutlich mehr als Sie bereits Produziert haben! Allerdings denke ich das viele so denken wie ich: "mein nächstes wird ein elektro"
Dann wähle ich rein nach Zahlen aus...
Hat jemand seine Eigenen gedanken dazu? Ich freue mich über Kommentare!
Dies sehe ich als mein Tagebuch und soll nicht als Handelsempfehlung angesehen werden.
Gedankenexperiment: Vollständige Ladung in 12,5 min?Wer Batteryday verfolgt hat, konnte sehen, das Sie einen Akku Produzieren werden der "6 times Power" besitzt.
Das bedeutet an sich, dass das Fahrzeug das sechsfache an Leistung aus der Baterie entnehmen kann und das bei einer deutlich besseren Kühlung.
Dreht man den Spieß um, bedeutet das auch, dass die Baterie mi der sechsfachen Leistung geladen werten kann.
Unter berücksichtigung der aktuellen Ladezeiten von rund 75 min von 0 auf 100 % (Quelle: de.wikipedia.org) bedeutet das:
75 Min/6= 12,5 Min!!
Schöner finde ich allerdings folgende Rechnung mit der Ladezeit von 0-80 %:
40 Min/6=~ 4 Min
Meine Einschätzung:
Solid State hin oder her: Die wird lange Zeit zu teuer sein. Selbst wenn diese 50 oder gar 100 % mehr Energiedichte und auch Leistung hat, werden diese nicht an den Preis ran kommen welcher am Bateryday vorgestellt wurde.
Das Patent schützt Tesla ersteinmal vor einer Kopie, wie lange ist allerdings offen und sollte immer im Blick bleiben!
Andere Hersteller müssen erstmal an diese Ladezeiten kommen, was mit der alten Technologie nicht möglich ist. Unabhängig von der Kühlleistung des Akkus!
Es sieht echt nicht gut aus für die Konkurenz...
Langfristig gesehen hat Tesla mehr chancen als GM und Ford zusammen, da diese erstmal Ihre Schulden begleichen müssen (GM+Ford=300 Millarden; Tesla=30 Millarden) bevor Sie wirklich anfangen können Geld in die Forschung für Elektrofahrzeuge zu stecken.
Allerdings müssen SIe dafür die allten Fahrzeuge erstmal loswerden und das deutlich mehr als Sie bereits Produziert haben! Allerdings denke ich das viele so denken wie ich: "mein nächstes wird ein elektro"
Dann wähle ich rein nach Zahlen aus...
Hat jemand seine Eigenen gedanken dazu? Ich freue mich über Kommentare!
Dies sehe ich als mein Tagebuch und soll nicht als Handelsempfehlung angesehen werden.
NO WORRY ABOUT TESLA - IT WILL RECOVERY HUGE BACK!As the most in panic about the panic of selling, will the hodl users win at last.
Tesla are a company with long term vision. and as the new car of 25K coming into the market the stock will increase more, and we should also not forgot the possible list on SP500.
Expecting price recovery back, and still that tesla will hit all time high. ( above 500 +)
Have good time all(:
BATTERY DAY IS HERE | Watch These Levels $tslaAttention is on Tesla as we engage with "Battery Day", are the bulls here to stay? live @ 4:30 pm EST
~ Are you bullish or bearish?
The stock currently sits above what has proven to be strong support @ $410
Watching the orange trend line(s) as support , it holds strong on the weekly timeframe . Looking to bounce off this.
Possible long on hold above @ $420
Upside targets: $453, $542, parabolic?
Possible Short Entry: $405
Caution needed in this stock as we have extreme uncertainty, you will get clapped if you're on the wrong side of this.
Small Play (educational):
TSLA $535 Call 9/25 @ $340
DotcomJack | Bruce Lee of Tradingview