Tesla bears be excited >> (-20%?) Tesla, come on, you just paid Elon musk so much money. What is exactly worth +50% in a month? In addition to what you see technically from what I outlined, I think the entire market is due for a correction. Given tesla's beta relative to the market, I anticipate at least 20% retracement from 260 towards 210 maybe 230. Ill be updating this as it changes.
Tesla Motors (TSLA)
Pro Setups for Swing Trading Ahead of News: TSLANASDAQ:TSLA had a velocity run on the release of its production update for Q2. Velocity runs have gaps between candles which do not overlap. It is a run of enormous speculation to gambling mode and the professionals are taking advantage of it. Notice the pro trader setup candle patterns prior to the retail side getting the news.
TRADE BTC/TSLA Pair and Grow your bagsBeen working on something. trying to make swing trades and longer term holds more efficient by trading in a non correlated pair.
Such as BTC/TSLA
As I want to stay in the market I can move allocation to the horse with the best momentum. Over time this rolls into more shares of TSLA or More BTC when timed correctly.
I'm mainly using the yellow 21 EMA vs The Blue/Red Linear Regression Line and their position in relation to the 200 EMA.
Still dialing in and will track over next few months. I can almost churn the longterm with this method. but for now I'm just giving it some gas to cook with and see how it works for me.
Example today I purchased more TSLA since BTC's relation to TSLA is in a down swing as the 21 day (yellow) crossed down over the Linear regression line (blue/red) and now dipping below the 200 day ema.
today TSLA is up 2.19% and BTC is up .38%.
This combines both my TSLA holdings and BTC holdings into one big pool where I shift the bulk of the holdings to the Ticker with the best juice making profit on the margin between the 2 tickers while increasing total position size and still participate in capital appreciation.
TSLA FALLING WEDGE - EASY $250, $TSLAThe Falling Wedge is a bullish formation that starts with a wide top and narrows as prices decline. This movement creates a cone shape that slopes downwards as the reaction highs and lows come together. Unlike symmetrical triangles, which lack a clear slope and bias, falling wedges unmistakably slope downwards and exhibit a bullish bias.
-The buy signal has been received.
-Big Hands are buying NASDAQ:TSLA despite the bad earning= BOTTOM
-MODEL 2 (EV Euphoria), FSD (Subscription & Licensing Income), INDIA GIGA FACTORY (cheaper and easier Production), OPTIMUS/ENERGY (Future & Growth)
Buy now and hold until the EOY!
NASDAQ:TSLA
Tesla Rebounds From Multi Year Key SupportTesla's shares rose after the announcement of new models.
Tesla shares (TSLA) rose 12 percent in post market trading on Tuesday, tracking gains in the U.S. market after the electric vehicle maker promised new, more affordable models.
Tesla said on Tuesday it would introduce new models by early 2025 using its current platforms and production lines, while backing away from more ambitious plans to produce an all-new model expected to cost $25,000.
The rise in Tesla shares provided a much-needed boost after Tesla struggled for months with tough competition and declining sales.
In technical terms, Tesla shares are supported by a multi-year uptrend.
In addition, resistance trend line is also pointed out.
TESLA LOCALLY OVERBOUGHT|SHORT|
✅TESLA is approaching a supply level of 266$
So according to our strategy
We will be looking for the signs of the reversal in the trend
To jump onto the bearish bandwagon just on time to get the best
Risk reward ratio for us
SHORT🔥
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TSLA - UniverseMetta - Analysis#TSLA - UniverseMetta - Analysis
The price after the previous review fulfilled local goals. Now you can observe a breakout of the global trend line with possible consolidation behind the line, which may suggest the beginning of a 3-wave structure; you can try to continue holding or gaining Long positions. the most likely option is a correction after a strong impulse, where you can buy at the best price. If a retest of the border occurs, it will be possible to safely hold it up to levels 300 -460.
Target 300 - 380 - 460
Tesla's Stellar Performance Ignites S&P 500 The U.S. stock market reached a new milestone on Tuesday, July 2nd, 2024, with the S&P 500 closing above 5,500 for the very first time. This historic achievement was fueled by a powerful surge in Tesla's stock price, coupled with positive signals from the Federal Reserve regarding potential interest rate adjustments.
Tesla, the electric vehicle (EV) leader, emerged as the star of the show. The company's stock price skyrocketed by over 10%, propelled by exceeding analyst expectations for their second-quarter deliveries. This impressive feat marked Tesla's second consecutive day of strong gains, solidifying investor confidence in the company's future prospects. The positive momentum surrounding Tesla not only propelled its own stock price but also had a ripple effect on the broader market, particularly the Nasdaq Composite. The tech-heavy index followed suit, closing at a record high itself, exceeding the 18,000 mark for the first time ever.
Beyond Tesla's individual performance, another significant factor contributed to the market's bullish sentiment. Federal Reserve Chair Jerome Powell, in a much-anticipated speech, hinted at the possibility of future rate cuts. This dovish stance from the Fed was met with enthusiasm by investors, as lower interest rates are generally seen as a positive catalyst for stock prices. Chair Powell's comments suggested that the Fed is cautiously optimistic about progress made in combating inflation, potentially paving the way for a more accommodative monetary policy in the near future.
The confluence of these events – Tesla's dominance, the Nasdaq's record highs, and the Fed's softening stance on inflation – created a perfect storm for the S&P 500 to breach the coveted 5,500 barrier. This milestone signifies a period of exceptional growth and resilience for the U.S. stock market. It's important to remember, however, that market triumphs are rarely linear. While the current outlook appears optimistic, there are always external forces that can influence market direction.
Looking Ahead: Sustainable Growth or Market Correction?
The question now on everyone's mind is whether this record-breaking rally can be sustained. Analysts hold varying perspectives. Some believe that the market's current momentum is a reflection of a robust and growing U.S. economy, with factors like strong corporate earnings and continued technological advancements fueling the rise. They argue that the S&P 500's ascent above 5,500 represents a new chapter in market history, and further growth is possible.
However, others express caution. They point to potential risks, such as ongoing geopolitical tensions, potential supply chain disruptions, and the possibility that inflation might not be definitively tamed. These factors, they argue, could trigger a market correction in the future.
Investor Takeaways: Navigating the Evolving Market Landscape
Regardless of one's specific viewpoint, this historic event serves as a crucial reminder for investors. It underscores the importance of conducting thorough research, maintaining a diversified portfolio, and having a long-term investment strategy. Investors should also stay informed about economic developments and adjust their strategies accordingly.
The S&P 500 breaching 5,500 is undoubtedly a significant milestone. It reflects a period of exceptional growth for the U.S. stock market, fueled by a combination of strong corporate performance, optimism about inflation, and potential adjustments in monetary policy. However, as with any market rally, there are always underlying risks to consider. By staying informed, maintaining a diversified portfolio, and adhering to a well-defined investment strategy, investors can navigate the evolving market landscape and potentially benefit from the current economic climate.
TSLA has broken the Bear trendTSLA has now broken the long term bear trend . it can be a fake out so it should test 224 level and the outer side of the long term resistance level as drawn in the chart
if it retest and bounce from there the we have a winner here
next stop is 240 then we go back to the moon landing