Tslaanalysis
$TSLA setting up for possible new ATH $TSLA new bullish count, still looking for a rejection around the 0.702 fib area $1075-1120 where a pullback is likely, however instead of a new low into the $600 area, looking for Tesla to hold above $900 now where it can then make a move to $1240 next and possible new ATH.
TSLA Bull or Bear Range Breakout?Hi there,
As per usual I will mention in the beginning of my posts that I am a day trader and look to take advantage of minor movements in the markets. However I do analyze larger timeframes and will post things that catch my attention and possibly yours.
First thing to note is that every $2.00 movement is a key level I look at that being said these are my thoughts of potential price movement for TSLA:
Hourly --> On March 16th the vwap crossed above the 20ema signalling a bullish movement for TSLA which continued until March 23rd
--> From March 23rd - 25th TSLAs price has been stuck in a consolidation boxed range as shown with the purple box drawn above on my chart. $985.00 would be the bottom of the range and $1,027.00 would be the top of the range
--> You can see with my awesome oscillator indicator that bullish momentum is weakening however the stochastic rsi indicator has been sustaining oversold levels for days now meaning we could easily see a continuation of a short term bull trend making higher highs passed $1,040.00
Happy Saturday everyone!
$TSLATesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits. It provides sedans and sport utility vehicles through direct and used vehicle sales, a network of Tesla Superchargers, and in-app upgrades; and purchase financing and leasing services. This segment is also involved in the provision of non-warranty after-sales vehicle services, sale of used vehicles, retail merchandise, and vehicle insurance, as well as sale of products to third party customers; services for electric vehicles through its company-owned service locations, and Tesla mobile service technicians; and vehicle limited warranties and extended service plans. The Energy Generation and Storage segment engages in the design, manufacture, installation, sale, and leasing of solar energy generation and energy storage products, and related services to residential, commercial, and industrial customers and utilities through its website, stores, and galleries, as well as through a network of channel partners. This segment also offers service and repairs to its energy product customers, including under warranty; and various financing options to its solar customers. The company was formerly known as Tesla Motors, Inc. and changed its name to Tesla, Inc. in February 2017. Tesla, Inc. was incorporated in 2003 and is headquartered in Austin, Texas.
$TSLA relief rally in progress $TSLA has completed a clear 5 wave structure down, its currently in a ABC bounce up with a C leg down still to come. If the 0.702 fib level at $1080 level is not taken out, this recent bounce was only a relief and the stock can test and break the recent low of $700, likely taking $TSLA to sub $600 next.
BEARS in controlTSLA was not able to rally enough momentum to the upside.
Friday March 11,22
TSLA expected to reach and break 780 to the downside.
With possible targets @ 767.76 and 729.44 do not want to leave the possibility of it reaching 690
What can happen before this?
A bounce from current position to 814.44
or a complete retest of the contended 850.
Tesla (TSLA) | A great opportunity to invest🎯Hello traders, Tesla in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
Counting has taken on a new form and this counting wave is in a higher degree of fractal than the previous counting.
When the warning range was broken in the previous analysis, the wave count was performed and now we will explain the new count.
According to the wave count of and , has ended and there is no normal ratio between these waves.
The wave starts the correction and according to the current structure of this wave, we assume that the pattern is flat.
This plate is located in its initial wave, wave (a), and we assume that after another descent to the ceiling of the channel, an upward movement will begin for wave b, and this movement will be confirmed when the bottom of the channel is broken.
If the decline continues beyond Fibonacci 0.5, the pattern will change and there may be a correction phase for wave 4 in a shorter time.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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$TSLA - $1,500 Channel Trajectory INTACT-Stock price can trade outside of the channel,
but has in the past revert back into its channel.
-Stock Price has many times bounced off its 200MA.
The upward direction of the Channel is still well intact.
Price target herein purely based on technical channel. Fundamental target in my opinion is much higher by year end for the bull case.
TSLA Downward channel break?TSLA retesting resistance at 942 level.
If 942 level is rejected the bear trend started in January will continue downwards for possible targets @847.94 and @780.21
Also tesla can reclaim the level above 942 aiming for resistance from bear channel started on November and have 986.20 level as a target.
Tesla Analysis 13.02.2022Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
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TSLA TrendDespite the sales result in China tonight, and considering that Tesla's fundamental data is solid, and beyond the possibility of a slowdown in demand at some point, there is no doubt that this company is in financial and innovation terms super solid.
The sale of Evs is a unit in the business universe of TSLA. With this said, the technical analysis shows a clear upward trend since March 2020.
The volatility and its swing range perhaps did not allow it to be seen clearly for a moment, but now, and due to the time that has elapsed, with its financials results and congruent volume the trend It's clear, and it's on the upside.
Price zone to observe might be 880 usd, for a double reason: a) it is an important support and technical buying zone, and b) could be the limit of the upward trend.
If it loses this zone, we would be facing another scenario.
It seems to be the ideal technical chart, as the volume confirms this potential rise that is observed. That is, the price has dropped, but nobody wants to get rid of Tesla Stock, which could make it an even stronger long-term holding.
Hope you have enjoy this analysis!
This analysis is not a recommendation to buy or sell. It is based on published financial data and technical analysis. Trade at your own risk and responsibility. Namaste