Can we get together and go SHORT on Tesla ? 🦈🐬🐟🐠🐡🍣We probably cannot but it would be fun to see all 'small fish' retail investors/traders go short on Elon's Tesla right on support....
A nice push OFF THE CLIFF, exactly how Elon did with Bitcoin (and all the rest off course) pushing the price lower at the PERFECT time!
Yes, technically speaking these crucial support levels are a cliff.. an inch lower and you go scuba diving 🤿, or bungee jumping if you don't like getting wet the wrong way.
So, at the same time that Elon ambushed BTC and sent all cryptos lower, his 🐋TESLA IS FINDING BUYERS 🐋RIGHT ON SUPPORT 🐋and rising higher🐋. Is Elon swimming with the whales? (Probably is.. until they eat him).
That has to be great news for Elon and we all hope he is happier and in a good mood now so he can focus on changing the world and conquer the outer space.
Unless off course we all go short on TESLA (AND PUSH IT OFF THE CLIFF).. But then we might not got o Mars and Jupiter for holidays one day and I get stuck on a beach here in Cyprus. so let it be, let's give Elon a break. He is happy in the arms of the big whales. He helped them buy Bitcoin a bit lower.. it's ok, forgiven.
1.😂😂 twitter.com CHECK THE 'TESLA FORMATION' ON THE BITCOIN CHART HERE! 😂😂
2. I am not closing my short positions on Tesla motors.. I am only increasing them now 🦈
3. 🦈🐬🐟🐠🐡🍣 no matter what fish you are, you will end up being sushi if you use more synthetic (leverage) and less holdings (assets, stocks, crypto spot etc). Play with some leverage but understand the risks involved.
the FXPROFESSOR 🐬
Teslamotors
TSLA looking for another wave up or DOOM?To all the concerned traders either in TSLA or looking at TSLA..
Right now if we look at the weekly perspective we can see that TSLA is in the bottom of its uptrend channel. Furthermore it is CLEAR that TSLA is also near a strong support level which we bounced off in March aswell. However we can see a resistance building up above over the past few weeks and also pretty strong seeling pressure.
Now to be clear, i am not throwing in any fundamentals into this or relating any other market activity and simply am projecting the current situation based on the TSLA chart.
But the smart traders out here know that there is more than just meets the eye here.. Over and over papers have been published proving that the EMT (efficiënt market theory) is not necesseraly true. With this being said if we see a sell off for some reason below this support that is being formed, it is highly likely that the market will react hugely to all the developing situations and will push this down extremely (most likely when the rest of the market will not see its better days due to high correlation in times of crisis).
With all this being said. I am not an investor in TSLA right now, and will be only looking at lower time frames for entry possibilities (to trade NOT invest) when i see a break above or below support/resistance with this chart being the backbone to the current structure.
I wish you all goodluck and appreciate your like and comment to let me know what you think! :)
Leez: mister Send a Dollar Please
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.
I highly recommend you to check out all my Tesla updates provided in the links below.
Please show your support by liking this idea or leaving a comment below and follow for more updates.
Thanks
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
End of TESLAMANIA on it way!!!According to the study of market behavior and Elliott Waves this market should really start getting the worst of it, at least fundamentally wise, as this C wave down unfolds. I have estimated if the fall in this ongoing wave is commensurated to its predecesor than we should expect a stop to it somewhere in between the 408 and 305 USD mark. Enjoy the drop. :)
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
Tesla Q1 earnings preview – Keeping the dream aliveTesla is always a trader favourite and this quarterly earnings report should garner strong interest. Few stocks create such fierce debate as to the near and longer-term prospects, and when you get such dispersion in the expected outcomes you get movement and this creates opportunity.
Movement is always a draw card for short-term traders and Tesla is the poster child of movement and volatility, especially around key announcements such as quarterly delivery or earnings reports.
If we look at Tesla’s pedigree over prior quarterly earnings (as a guide), we’ve seen the share price fall in five of the past eight quarterly earnings, with the average move lower being 5.7%. In the three time it rallied the average rally was 9.6% - somewhat skewed by the 17.7% gain seen in Q3 2019. So, one thing is true, historically we’ve seen sizeable moves in price to earnings news – this time may be no different, in fact, if the implied move on the day of earnings (derived from options pricing) is 8.7%, so traders are eagerly anticipating movement.
I've mapped out the implied levels on the daily chart for context.
For more intel on what to look out for take a look at the link - pepperstone.com
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 )!
-
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!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
TESLA Trade - The short opportunity par excellence!Hello dear readers,
I don't want to say too many words. I have often explained in my Tesla analyses why I tend to see Tesla short in the medium term.
So far, however, these analyses have never turned into trades, which I would now like to change!
The risk is not small, but the opportunity with this trade is very large. Therefore, I can justify this trade for me with a small position.
- The chart has been updated
- Short position opened at the golden pocket and relatively tightly hedged with the SL.
Now we have to be patient.
If you want to support my work I am happy about a like & follow 🙏
Best wishes & success!
Chartdigger
40% Crash at TESLA ? Hello dear readers,
I already made it clear in my last analysis that I see Tesla short in the medium term.
Now that further candles have formed on the chart, the situation can be assessed more accurately.
Chart-technical assessment
- Tesla currently appears to be in a correction.
- Only wave A has been formed so far, so there is a certain expectation that another wave (C) of the correction is coming.
- At the moment, the last sell-off is being consolidated in a pennant. A break of the lower trend lines should generate renewed momentum towards the south.
- As a classic trend continuation formation, an ABCDE formation is formed in a pennant. Two more waves can be expected within the pennant.
Options
- If the pennant is broken to the upside, the short scenario is in acute danger.
- If the golden pennant breaks around 770 points, the scenario is obsolete.
- The price target of a breakout on the downside is the zone around 400 points.
Best wishes & success!
Max