TSLA How do you like the scenario of Tesla shares falling -80% ?Looking at the trading chart for TSLA shares, it seems to us that they are being sold.
Also, growth on falling volumes does not inspire confidence.
In the coming days, We would like to see a fall to $550 , then a rebound to the $670 area, where the further future of the price movement will be decided.
Fixing the price above $670 will pave the way for a rise to $1100.
But we are more inclined to assume that the TESLA share price wants to test the strength of the $340-350 zone first.
And after it, can be a scenario of fall down to $170-180 area for the retest. It was from there that the Covid fall of the market began in March 2020, a strong level that would be good to check for strength.
Teslastock
Did Tesla really reach the low?Did Tesla really reach the low? - the answer is YES! (Probably) as we did a analysis weeks ago providing the 0.66 of the Fibonacci as the low but for the people who think its over you can still daytrade at the VAH or at the top blue line and take a short position since we're still in a "Range"
TESLA INC - THE NEXT GREAT BUY OPPORTUNITY (BELOW)Technical Overview: TSLA
Simple, we want to see price sell off into our buy zone and add to our position
that's it :)
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
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 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.
$TSLA Perfect Bounce! Target Lock on $750 Next WeekIf you find these charts or video breakdowns useful be sure to leave a like and follow for more daily breakdowns.
We got our bounce today! and it was STRONG! Heavy pockets unloading on this bounce giving us a bullish engulfment.
Going into next week I am setting my first target at 750 for the EOW
Monday I would like to see $TSLA above the 9MA (white line) or 720. The 9 MA is only confirmation that we will see continuation and a stock will ride that MA during a bull run
After seeing the strength that was exhibited today and looking back at similar movement we could see a 3 bar play here on the daily time frame up to resistance around 765-755
But getting past 725 is our first challenge
WHY $TSLA BOUNCED TODAY! T&A, PREDICTIONS, AND BREAKDOWN!Make sure to like and follow if this video helps you for more daily content.
Its a great feeling when your technical analysis hits, but the dms I have gotten on my social media are the best! Glad you guys caught my previous breakdown on $TSLA If you didnt make sure to follow!
Today was a perfect example of the lucrativeness of options. Some options opening up at .50 and closing over 15.00 (or $50 to $1500) and I saw a lot of people in their bag today!
But moving on into next week we could see 750 action with the right market conditions. In this video ill be giving a brief explanation on what I expect going into next week!
More within! Have a great weekend!!!