Teslamotors
Tesla tsla correction before go UPAccording to my chart analysis , tesla tsla show strong signal to sell ,waiting for bullish trend .
$TSLA Tesla Head & Shoulder c'mon Elon!$TSLA TELSA
I have been waiting so patiently for TESLA to meltdown and it just keeps showing strength and pulling through.
Elon fans are still strong while Elon is out frolicking on a boat shirtless with skin that hasn't seen sunlight since the pandemic looking for baby mama number 5.
As you can see above, TESLA has formed a head & shoulder pattern on the larger time frames, the monthly shows it best.
Head and shoulder criteria:
1. Buying volume is diminishing and showed most strength on the left shoulder.
2. The head is much higher then the left shoulder.
3. The neckline fits the description of a proper head and shoulder pattern.
4. We are beginning to form the right shoulder currently as Tesla broke out of the pennant to the upside after printing solid earnings and sharing its sale of BITCOIN.
Tesla hasn't even shown signs that it is breaking down yet, it hasn't capitulated or showed strong signs of weakness in this bear market.
I will be waiting patiently like a snake in the grass for my buying target near the Gap (red bar).
Tesla TSLA - Not a BEAR PENNANT.I'm a little upset to see ideas like "TSLA is a bear pennant."
Honestly, TSLA is a strong stock, the market is giving signs that the bear market has slowed, which means we are potentially preparing for a reversal.
So here's the question - would you really want to trade BEAR PENNANT in a strong stock in a bull market?
Tip:
You will trade better if you use more than just patterns from the internet!
Translated with www.DeepL.com (free version)
Don't stop believing in Tesla stock 🔥Don't stop believing in Tesla Stock
Tesla's stock is at a very low point, its fallen by almost 40% this year!
During the negative market phase, Tesla has experienced a greater decrease than the typical corporation, making its value appear more and more appealing!
The business will undoubtedly outperform profit projections when it reports earnings today! ei - 20th of July.
Comment below what you think will happen with the Tesla stock?
Tesla TSLA options ahead of earningsLooking at the options chain today, i would buy the $600 puts with
2022-10-21 expiration date for about
$43.30 premium.
Looking forward to read your opinion about it.
Tesla weekly chart analysis. I am always scared to short TSLA. I do not plan on shorting it either. I am however keeping an eye on it in case it gets to my area of interest.
Tesla Analyze 🚗(🦋Butterfly🦋Harmonic Pattern!!!Tesla Was able to Break the Support Line .
Tesla can make Bearish 🦋 Butterfly 🦋 Harmonic Pattern for around 830$ and at my TRZ (Time Reversal Zone), and I expect this price to end the Uptrend rally .
Tesla Analyze Timeframe 4H ( Log Scale / Heikin Ashi )
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends, Thanks, and Trade safe
Tesla deliveries fall. Is its stock price next?Tesla's stock price last Friday jumped from $673.42 to $681.79, gaining 1.24% after the end of the session.
Tesla stock showed signs of range contraction during the day, making an intraday range from $666.36 day low to a day high of $690.69, the narrowest in the last seven days. The stock volume was 79% of the average volume on the previous trading day, down by 11 million shares and $14 billion in value. This low volume might signify possible price changes for the subsequent trading sessions.
For a longer-term view, Tesla's stock price, which is currently on a downtrend, is down by 35% this year, slightly more than the Nasdaq Composite (at -30%). Tesla stock might continue this downside as the market digests its quarterly report for the second half of this year. Tesla reported just over 250,000 deliveries, its first decline in deliveries since quarter one, 2022.
On the technical side, looking at the 4-hour chart, a trend channel indicator shows a clear downtrend as candles create lower highs and lower lows.
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The price, now sitting at the top of the falling trend, might see a continued move to the downside and create another lower low at $560 after breaking the $620 support and potentially targeting the $450 price point. However, a break to the upside on the $785 resistance might indicate a potential short-term buy and target at least $865 to fill the gap. Watch for trading in the tight range of $734 and $784 in this case.
Price rejecting at the $785 resistance or $620 support level means that we will see an extension to its period of consolidation in this price range, which it has held since May 11, 2022.
$TSLA TESLA Motors Bearish Pennant vs Bear Flag$TSLA TESLA
I wouldn't ignore this bearish pennant on the 1 Day - daily.
It had a death cross on daily at the end of MAY. This is generally a lagging indicator and it appears it might be ready to show out after printing a bearish consolidating pattern.
Support levels are marked below. Also a GAP marked in RED.
I am wishful hoping the gap will fill because I would love to load up on shares but I'm not sure if it will go that low ever again.
Tesla loses billions With US stocks officially entering the bear market recently and with concerns that the next recession is upon us, companies are walking another tightrope.
Consumer goods companies including big multinational brands have employed various measures to protect their profit margins and cushion the impact of skyrocketing inflation and weakening consumption. Even household name brands have not been spared from these factors.
Tesla loses billions
Silicon Valley-based car giant Tesla (NASDAQ:TSLA), which many consider as a tech company rather than a carmaker, recently acknowledged that it is losing “billions of dollars” from the global battery shortage and supply chain disruptions in China.
Tesla operates a ‘gigafactory’ in Shanghai, which was shuttered for weeks due to the COVID-19 lockdown in the city.
Aside from the disruptions caused by the lockdown, Tesla is also facing challenges in procuring batteries to power its cars. The company recently hiked the prices of its China-made Model Y due to the higher costs of the raw materials included in batteries.
Tesla CEO Elon Musk also revealed that the company’s newest car factories in Texas and Berlin are losing money “because there’s a ton of expense and hardly any output.”
“Getting Berlin and Austin functional and getting Shanghai back in the saddle fully are overwhelmingly our concerns. Everything else is a very small thing basically,” Musk said.
Tesla investors appear to have taken the news in their stride, with TSLA stock price hugging close to US $700 per share, and the Chaikin Volatility Index not indicating any abnormal change in daily price ranges.
Tesla: when are sellers coming back? Tesla
Short Term
We look to Sell at 774.80 (stop at 827.00)
We look to sell rallies. Trading within a Bearish Channel formation. A higher correction is expected. Expect trading to remain mixed and volatile. Previous resistance located at 775.00.
Our profit targets will be 621.11 and 539.00
Resistance: 775.00 / 1000.00 / 1240.00
Support: 621.00 / 540.00 / 350.00
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TSLA - SidewaysTSLA has room to move sideways as it maintains the dominant green uptrend line
It has been seen in past to move sideways like this
Similar price areas in green and red
Once price hits this dominant green trend line a strong buy is recommended
The Short of TESLA, 89 points before longing it!!!Yesterday Tesla Stock ended at a low of $719, expecting my full TP at $665 to form a double bottom then finally long Tesla to $823 before the real market crush
I think TSLA put in a major low at $620, should be up big picturCharts still look good to me macro, think $620 will be a major longterm low.
Buy tesla NowAccording to my chart analysis , Tesla Show strong signal to buy , buy max as you can .
URBN Vs TSLA , Similar Breakout Coming? Both URBN and TSLA experienced initially a large rise followed by a long consolidation period of choppy price action
TSLA completed this price action and broke out spectacularly
URBN is still within this up channel (which is slightly less inclined), will a break out comparable to TSLA follow?
I understand that TSLA is more of a growth stock compared to URBN but the charts are very similar.
Was TSLA Tesla Sell-off Predictable ?Of course it was! When we saw the Double Top Bearish chart pattern confirmed here, at $1130:
At that time both Elon Musk and Ark Invest were selling the shares at the top!
And there were people still buying them!
New Key price targets to watch:
$595 as a strong support before a potential reversal
$720 as a strong resistance after the reversal from the Falling Wedge Bullish Chart Pattern
$420 -$475 as a Buy Area (strong support and decent valuation)
Looking forward to read your opinion about it.
Musk’s 5 billion dollar exit from TwitterElon Musk, the wealthiest person in the world, appears to be playing a game of Monopoly in real life as he leads a number of companies in the tech space, and builds stakes in other companies and cryptocurrencies.
However, his recent acquisition of twitter (NYSE:TWTR) may not pass go and perhaps sets him up to be liable for at least 5 billion dollars.
Fallout from Twitter takeover and other controversies
Musk’s contentious bid to buy Twitter and his latest comments on politics, has cost him $49 billion over the past month, according to Fortune. Tesla’s (NASDAQ:TSLA) stock price plunged to a 10-month low on Friday following a report by Business Insider last week that Musk sexually harassed a flight attendant in 2016, a claim that the Tesla CEO denied on Twitter.
Twitter’s stock also fell to a two-month low on Wednesday last week after Musk hinted that he could back out of the Twitter deal or at least slash the deal price unless the social media platform can prove that bot accounts represent less than 5% of its users.
"Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users,” Musk said in a May 13 tweet, referencing a Reuters article about false or spam accounts that make up less than 5% of Twitter’s monetizable daily active users in the first quarter.
That tweet sent Twitter’s share price falling ~30% on May 13 against Musk’s offer price of $54.20 per share.
$5 billion exit
Although Musk has stressed his committment to the acquisition, an analysis by Reuters found that an agreement to abandon the deal would be a better option for both Twitter and Tesla.
Musk will use a big portion of his Tesla stock to pay for his Twitter purchase, but the latest headlines surrounding the Twitter CEO knocked $390 billion off Tesla’s market value in just weeks, the news outlet noted.
Musk might also have to pay a $5 billion price for backing out of the deal, while Twitter’s value would lose around the same amount, according to Reuters.
"At the right price, both can get the difficult experience behind them,” Reuters said.
Twitter, however, reiterated that it is also committed to completing the sale to Musk on the agreed price "as promptly as practicable,” adding that it stands ready to close the deal and “enforce" the merger.
TESLA : Margin TradingA controlled short attempt..
I cannot predict the leverage and margin parameters of the brokers.
But it should not exceed 7 leverage.
No more than 10% of the total cash held should be given for all of this trade.
In the rising scenario, buying can be done before the stops.
Leverage is 7. (For all trades.)
Maturity : Same for all trades.
As a term, at least 3 - 6 months and the same maturity is recommended.
(It can be calculated at the same rates from the dirty prices there.)
May our way be clear.
My opinion is firm.
If price hits 1608.5 , this trade will be unsuccessful.
I will try to interpret the trend as much as I can according to the price movements.
Regards.
