Tesla Analysis .After reaching the Target set Last week for NASDAQ:TSLA , It is now in an important area .
I think It would be interesting before taking any decision to watch how it would act around certain area .
Actually if TSLA succeeds to close soon considerably above the white line at around the 1035 , it would very likely continue up to the 1120-1135 area (Blue Line) .
In fact the 1120-1135 is a key area because once it's broken and closed considerably above , this stock would very likely continue up to around the 1550-1600 area (Blue Rectangle) .
But now as Long as the market doesn't close above the 1035 considerably we might see a return towards the green rectangle .
It is also possible that we close above the white line (1035) and reach the area around the blue line and return back down from there to the green rectangle IF price doesn't succeed to break above the Blue line .
Teslamotors
Told You Play $910 Level, Look What Happened. (TSLA)June 7th , we approached a very key level of $910 and I alerted you to play this edge on breakout. Now Tesla has printed around a %12 gain in just 3 days! 💰💰 Congratulations if you played it.
All indicators from the ema dots to the Crossover strategy candles showing strong green pressure.
Best of luck,
🥇MLT | PRO TRADERS
CNHI Owns 7.1% of NIKOLA - Bullish Charts, BUYCNH Industrial ( CNHI ) owns over 7% of NKLA
7.11% = 25,661,449 Shares = Over $2 Billion dollars and growing
I am taking a good guess after researching CNHI, they might be supplying NKLA with powertrain, transmission systems, axles and other parts for the electric / fuel cell vehicles.
The Daily & Weekly charts for CNHI are BULLISH
CNHI is the stock to own along with NKLA especially if you cannot afford to buy NKLA at current levels.
Also, CNHI is the safer bet because the company is profitable "ASIDE FROM" the 7.11% ownership in NKLA
CNHI has a low P/E and a strong balance sheet too.
As NKLA continues to move higher, CNHI's stock price should follow.
At $8.65 cents, what do you have to lose? The positives outweigh any negatives if you buy CNHI
Long!
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The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
#TESLA #TSLA Has Started To Slip As ExpectedTraders, we have been watching tesla for a long time now. Few days ago I notified that there was a short confirmation signal. Now it has started to slip down.
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Disclaimer:
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only. Not a financial advice or signal. Please make your own independent investment decisions.
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TSLA Truncated COVID 5th followed by ABCTSLA Truncated COVID 5th followed by ABC.
Golden buy zone indicated in green, may be slightly higher if we get another small leg up before correcting.
Correction is imminent in my opinion, it is only delayed because of FED's futile money injections which will make all of us who stay in cash over coming decades A LOT poorer!
TESLA Analysis .I think there are many potential moves for TSLA .
For example ,For people looking for a buy entry , I think it would be important to wait for TSLA to close in an upcoming day considerably above the 840-843 area (green rectangle ) before buying with a first target at around the 874-884 area (the first blue rectangle ) and a potential to go for the 940-970 at the secong blue rectangle If we close in an upcoming day above the first blue rectangle .
TSLA might also break and close significantly below the black line ( trendline ) , it would be interesting then to watch how price would act around the the red rectangle area .
(This is the same as the original post but with a daily timeframe because some might prefer so )
Original Post :
#TESLA #TSLA Today's Close Is ImportantTraders, A close below the trend line can being lower prices for Tesla. So today's close is very important for short entries.
If you found this useful hit the like button, subscribe to my channel and share this with other traders. Comment on the post to let me know what you think of them.
Have a great trading week!
P.S. (This is for education only. Not a financial advice or signal.)
Tesla Bad Candle Patterns and Fibonacci Halfway Back Short Does Fibonacci Retracements work on stocks? Yes, TSLA is in a topping pattern. Bad Candles Patterns & it's holding a daily HWB 50% short. 12 hours at it's short and it can't break it. 745 Target. Last time Tesla couldn't hold break a short, Late Feb - Early March - Target of 532.68 hit after getting no further than the sell zone.
Tesla Climbs The Highside. (TSLA)Symbol: TSLA
Massive size swings with the wild beast Tesla.
Late 2019 and 2020 have been a crazy ride from lows of $340 to the $905 range to only follow up with a drop to the mid 300s.
This one has the Volatility that you need as a trader. Awesome stock.
The breakout was around the $500 mark where the Crossover has been green since and with a fakeout to the downside 6 days ago.
As we approach and test these highs it's quite simple to understand that the 905.72 level is Resistance and we must break out. A break on 842.77 could be a nice breakout to play for a move up to the 905.72, than the test.
As we approach these levels we will pay close attention to the Crossover strategy for a signal of weakness to fire short.
If we fail to breach up, I than think a short to 672.64 for a test as support than a break down I think we go to 540.54.
Very high Volatility and lots of opportunity with tesla.
I will stay updated on this post for further tesla updates below.
Have an awesome trading week! ✌😁✌
More Tesla Drama over the Weekend- Tesla in a battle to reopen with California government. Elon tweeted he may move Tesla out of California as a result ! That would be a big financial hit and cost big $$ to initiate if this eventuated.
- Technically the chart is pretty clear - the battle lines between the bulls and bears have been drawn. We like Tesla but are not buyers at these prices and would consider the stock at the below demand zones.
- Expect prices to remain choppy until the outlook is more clear with the company fundamentals / operations.