TSLA breaking ascending triangleTSLA is looking amazing to me tbh. From the recent break of the ascending triangle and flipping of the support its looking like its headed towards a new all time high. I expect price action to be something like the yellow arrow drawn. Watch out for the upcoming earnings! Imo they are going to be positive
Teslamotors
TSLA flipped resistance
A month ago I published this idea about TSLA flipping resistance into support, and having earnings that we're expected positiv. I can safely say that this trade went exactly like planned, just really quick :D
If any of you are still in, remember to take profits! TSLA is in price discovery, which is really bullish, but what comes up also comes down. And the quicker it comes up usually means it'll come quicker down before the next leg up
MY NOT SO MINIMALIST ANALYSIS FOR TESLA$TSLA
10.25.21
2203H +8 SINGAPORE
ALERT: ACHIEVING FULL SWING with our ENTRY/TOP-UP AND EXIT AREAS OF VALUE.
THIS CAN STILL FURTHER PUSH UPWARDS. I have to update the chart when it corrects itself first.
Disclaimer:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice.
"FOLLOW THE WHITE RABBIT!"
HOW TO USE THIS MINIMALIST CHART
Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.)
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur, while the SMALL BOXES (Tops and Bottoms) are MINOR pivot points.
These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS
and even if you wish to hold longer for a CONSERVATIVE MAXIMUM TARGET AREA OF VALUE (Depending on, if the conditions are right.)
At times I include WAY BEYOND PARABOLIC Price TARGETS.
Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, and especially your Fibs, Market Dynamics, and trading psychology.
The above-mentioned is sufficient enough as a major deciding factor for this MINIMALIST CHART.
Note: That This CHART is best used without indicators. (As we all know, they lag.)
$TSLATesla shares closed at an all-time high of $909.68 on Friday, two days after the company reported record revenue and profits in the third quarter.
The move marks the first time since January the company made an intraday record. Shares surged above $900 a share shortly after market open.
Tesla’s strong earnings results stemmed from improved gross margins of 30.5% on its automotive business and 26.6% overall. The stock dropped under 2% in after hours trading on Wednesday.
Tesla’s market cap stood at roughly $860 billion at market close.
There’s no question about it.
Tesla have an incredible future and I’m ridiculously bullish on TSLA long term but in the short term, if we’re trading we should see a slight pullback.
I think we see one more push up before shorts come in control.
It’s getting quite over extended here with it getting into the overbought territory.
I think this stock is one to watch going into next week for a swing.
Long term bullish.
Watchlist this.
- Factor Four
TSLA to all time high today! Double TOP??TSLA is up another 4% in the pre-market which will send the stock to all time high this morning.
But Ark Invest is was constantly selling TSLA shares during the past week and i think they will continue today.
For example, Friday they sold more than 80 000 shares for around 73mil usd.
Which makes me think this could be a double top formation with a retracement to 730usd levels as shown in the Fibonacci retracement tool.
I`m looking forward to read your opinion about it.
Tesla earnings risk for pullback before rally to all time highsTesla has been charging higher recently but is overbought coming into the quarterly earning release. When we rally into the earnings the risks are skewed to downside from a positioning and disappointment point of view. Market is expecting good numbers but that may be priced in up here.
Whilst it is possible for the numbers to beat the street I would worry about the sustainability of any further rally here as we need to work out the overbought levels before a test and potential break of January all time highs at $900. So the big danger is chasing a strong number rally today and we should look at weakness as the only buying opportunity.
First support is $800, while $750 is a very nice level if we pull back to the trendline support.
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MY NOT SO MINIMALIST ANALYSIS FOR TESLA10.15.21 0842H +8 SINGAPORE
ALERT: WAITING FOR a PARTIAL EXIT/PROBABLE TOP-UP
LONG TERM SWING TARGET beyond MAXIMUM TARGET AREA OF VALUE
Chart shows several ENTRIES and projected gains
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators.
Price action, candlestick /bars, and FIBS alone will be sufficient as a major deciding factor for this MINIMALIST CHART.
Disclaimer:
The findings/predictions of the following analysis are the sole opinions of the publisher of this idea and must not be taken as investment advice.
Thank You for your appreciation and support.
Teslas moment of truth - My interpretationI might be overestimating the importance of yesterdays trading session but I think this symmetrical triangle signals an important reversal.
The way I see it, yesterday the market made up it's mind for Tesla and now there was a reversal in the 4 month long uptrend.
TESLA. HOLD OR SELL? WHEN TO BUY. CHAPTER 2Hey friends!
My last idea was successful in the direction of the Bulls.
The first profit-taking zone has been reached. Okay so whats now?
Bullish scenario is possible here if the price will confidently break the 800$ level and will be fixed above for half of week at least.
BUT
Fundamentally, the market situation is bearish.
In general, this is due to political factors and the prospects for an increase of interest rates due to attempts of an inflation stop.
In the same US market, this is despite all the advantages of Tesla, unique technologies, a full production cycle and unique production capacities...but sorry p/e=405; forward p/e=108 these are clearly not the values that smart money will suit. Even Ark invest sold it partially.
Also there is too much competition in the electric car market to speak right now about the #tsla prospects in the 2-3 years future.
Now is not the best time to bet on the up exit from the 550 – 800 range, even if such an exit happens, potential for movement is $ 900. In such situation, the potential for upward movement is $ 100, the potential for downward movement is $ 300, so If we talk about mid-long term Investing, then it is not the best time to buy and hold, given the fact that there has been no significant correction in the market since March 2020.
An attempt to retest the $800 level is possible here or if the price will open with a gap down below $760-750 per share, its possible to consider the yellow levels to open a short position. Such levels can be also the closing or opening levels of trades of previous day.
TSLA MOTORS, INCTesla Bull Cathie Wood Says There's No Bubble, 2008-09 Debacle Has Put 'Fear' In Investors — And More Key Takeaways From Morningstar Appearance
The head of the New York-based Ark Investment Management was speaking virtually at the Morningstar Investment Conference and discussed high equity valuation of stocks such as Tesla with veteran investor Rob Arnott, founder and chairman at Research Affiliates.
Wood spoke at length on various issues ranging from how average electric vehicle prices are expected to fall dramatically to battery costs, falling traditional auto sales, how legacy automakers are far behind Tesla, and how investors have "become benchmark sensitive."
Wood’s investment firm sold some shares in Tesla earlier this month after the stock rallied. Ark Invest still counts the Elon Musk-led company as its largest holding.
1. On Electric Vehicle Prices: “Last year, we globally produced and sold roughly 2.2 million electric vehicles. Based on that, the cost decline in battery pack systems — the largest cost component of electric vehicles — we believe the average electric vehicle price will drop below that of the average gas power vehicle price in the next year or so.”
“It will continue to decline so that in the year 2025, the average Toyota Camry-like electric vehicle will be $18,000 while the regular Camy will still be roughly $25,000-$26,000.”
2. On Electric Vehicle Growth: “We believe the number of electric vehicles sold will scale from 2.2 million vehicles last year to 40 million which is almost half of the total car sales globally that we expect in 2025. That is a twenty-fold increase and an exponential growth to be sure, an 89% CAGR, simply based on the notion that these cars are going to become more affordable than gas-powered vehicles.”
3. On Automotive Inventories: "Many people think that the inventories out there are very lean in the auto sector, we don't think so. We think that inventories after a year of buying to avoid mass transit are parked in garages and driveways," Wood said. "And it's because gas power vehicle sales are falling apart.”
4. On Four Barriers To Entry Created By Tesla: "Tesla builds its cars on cylinder batteries while most others have based it on lithium-ion pouch batteries...which is roughly 15%-20% more expensive.”
“So, its battery cost will be lower as far as we can see. The second barrier to entry is the artificial intelligence chip that Tesla designed," where it said the Musk company has pulled a leaf out of Apple Inc's
“The other barrier to entry is the number of real-world miles driven that Tesla has collected,” Wood added. “The fourth barrier to entry is that Tesla is still the only car using the over the air software update to improve performance and prevent breakdowns.”
5. On Tesla’s EV Market Share: “There may be a lot of electric vehicle manufacturers out there but they are tiny. Tesla’s share is surprisingly high. We thought it would go down, at the end of 2018 it was roughly 17% of global sales, and instead, it went up. That has been a big surprise. That is a function of the four barriers of entries.”
6. On Legacy Automakers' Struggle: “In the early days of the battery...auto manufacturers and analysts laughed at Tesla for building its vehicles based on cell phone batteries that are blowing up in airplanes. Now we see General Motors Co GM +1.61%’s Bolt has had to recall most of the vehicles because its batteries are catching on fire. That was a concern 6-7 years ago and Tesla nailed that down and traditional automakers are having problems.”
6. On Legacy Automakers' Struggle: “In the early days of the battery...auto manufacturers and analysts laughed at Tesla for building its vehicles based on cell phone batteries that are blowing up in airplanes. Now we see General Motors Co GM +1.61%’s Bolt has had to recall most of the vehicles because its batteries are catching on fire. That was a concern 6-7 years ago and Tesla nailed that down and traditional automakers are having problems.”
TESLA. HOLD OR SELL?WHEN TO BUY?Hey!
My idea is bearish
Decision price level is 700$ or zone of 685-705$.
When the company could not pay its debts, it issued additional issues and paid off its debts in this way. So it was profitable to keep stock prices at high levels plus squeezing out short sellers. Now operating activities cover all costs, so the capitalization is not very important for the company's management. Now Tesla have a nice cash flow, low debt. The perspectives of growth here are high, but due to high P/E and P/S we should be ready for price correction.
I see 8 reasons for deep correction right now:
1. Historically, September is a bad month for the markets.
2. Right now, the correction phase begins, the depth of which will be at least 3800-4000 according to the S&P500 index.
3. A good and understandable potential for a price drop.
4. The serial production of the truck and pickup truck was postponed.
5. There will be poor sales reports due to a shortage of chips.
6. The systemic crisis in China (evergrande and Alibaba) may affect the purchasing potential in the future
7. Cash flow financing due to an additional issue no needs to make anymore.
8. Joe is sleeping.
And what if?
If S&P500 correction will be stopped this or next week than it will be possible to see the new high.
TSLA Short down to the 700.00 Level Overall I've been bullish on this stock however with the markets sentiments going bearish because of the news in China. I am looking at TSLA to hit the 700.00 level which lines up with a major QP zone. We could also see further bearish sentiment down to the 638.00 levels.
TSLA heavily shorted by Michael Burry!SCION ASSET MANAGEMENT, the hedge fund owned by Michael Burry - the man who bet against the housing market in 2008, if you are too young, you know him from "The Big Short", is now heavily betting against TSLA!
He owns puts on Tesla for 35% of his portfolio, with a market value of $731,017,000!
Besides the strong competition that TSLA has now in the EV sector, the U.S. National Transportation Safety Board would open an investigation into a fatal crash earlier this month involving a Tesla vehicle in Florida that led to the deaths of two people.
My first price target is 690, but it can drop even further, to 601usd.
TESLA - LOOKS READY FOR NEW BREAKDOWN TREND Hello trading friends,
Tesla looks depending on our new chart study depending on data and trends, that it's going to breakdown more into the trend.
This could start in the short term - and the short targets could go in the long term also.
✅THe TA analyses show that tesla is the high top point, and this could be the start of a new breakdown point as we did expect here above.
It looks to follow the effect of gold where we did update about it before.
Have a great day.