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Tslaanalysis

What are Tesla Bulls Waiting For?U.S. Markets finished up over 1% for the day, setting up an interesting end-of-week trading session. The jobs report lands tomorrow at 8:30 AM EST. and will likely determine the next trend. Today we will go over the PowerShares QQQ (QQQ) and Tesla, Inc. (TSLA). But, first I want to mention that a few days ago I posted a GLD chart stating that it was setting up for some upside. Today may have the start of that upside. Could the market be front running the jobs report tomorrow and could Gold be the sole beneficiary? Another hot name of note today was Square, Inc. (SQ) which blew up for nearly 10%. If you read over a week ago I mentioned that SQ was setting up with a cup and handle pattern and a measured move target of 73... target met. All the "HOT" Tech Names Reported...Right? It's obvious, tech has contributed to a vast majority of the rally off the March low. That is why I have been tracking the QQQ so often. The question I have now is, have all the hot tech stocks reported earnings? Nividia is the only one I can think that hasn't reported yet. Just something to think about. Below is the 4-hour chart of the QQQ. I zoomed in a bit to get a cleaner shot of this rising wedge. Normally bearish, though there are instances when there are upside breaks. At times there are throw overs . Which happens when price breaks out from above the wedge then quickly reverses back into the wedge. Typically this turns out to be a strong reversal and has happened before on the Nasdaq-100 (NDX). Check the chart below. The result of the throw over can be seen above. Unfortunately, back in September 2018, price reversed back up but eventually met the lower bound of the rising wedge which acted as resistance. Eventually, the NDX declined 23%. This is the scenario I am looking at. Current price action may lead to a throw over so watch for this potentially tomorrow. Bias: Bearish . Elon and Joe...Again I haven't listened to or watched the latest stint of Elon Musk on the Joe Rogan Show, so I can't speak to that. I can talk TA, and TSLA, a normally volatile stock traded sideways today netting a loss of -0.32% for the day. Perhaps the calm before a larger move to come? Below is the 4-hour chart of TSLA. Chaikin continues to mimic itself from over a month ago. Price is also consolidating at the high below resistance while inching closer to trendline support. The longer it takes for the TSLA bulls to follow through the more bearish this chart gets. Keep an eye on TSLA the next few days, as it may be the key to the market. Bias: Bearish . I'll be posting early in the morning ahead of the jobs report. I'll be taking a look at the VIX and Silver. Have a great evening!
NASDAQ:TSLAShort
by DailyClose
2
Tesla: In-Depth Fundamental Analysis 1M (Apr. 29)X FORCE GLOBAL ANALYSIS: Tesla is an American Electric Vehicle (EV) company with a disruptive presence in the automotive industry. TSLA is one of the most hyped stocks of NASDAQ, with avid supporters of the company itself, as well as its leader - Elon Musk. Due to the nature of the stock, technical analysis can be used to identify strong support and resistance zones, but fundamental insight is required in order to grasp the tremendous value this company has to offer. Thus, in this analysis, we take a purely fundamental approach in analyzing this stock. Fundamental Analysis - Despite the Corona Virus (COVID-19), Tesla has managed to manufacture and deliver record-high number of vehicles for Q1 2020 - Tesla ended 2019 with 6 Billion Dollars, and early this year, they raised an additional 2 Billion through stock offering - This indicates that Tesla has enough money to go endure the chaos caused by the viral outbreak - Tesla is one of the biggest beneficiaries of the Zero Emission Vehicle (ZEV) credit regulations, racking up huge ZEV credits that other automotive companies pay billions to purchase - In March 2020, Tesla has taken up 25% of the Chinese EV market, and further domination in arguably one of the most important markets is anticipated. Arguments against Tesla - Tesla has a negative Earnings Per Share (EPS). Negative earnings are a red flag for value investors - Tesla's operating margin is arguably too low, and not enough to be profitable for the long term - Tesla's Debt to Equity ratio is quite high, and is a reason for concern, as it suggests that Tesla is a higher risk investment - While gross income growth of Tesla for the past three years have been great, these are not sustainable numbers - There are arguments against Tesla's management; some argue that Elon Musk gave himself too big of a compensation package - This is concerning to investors, as the company has still not turned an annual profit. Future Projections - While the Electric Vehicle ( EV ) Market continues to grow, Tesla's market share remains at 17~18% of a rapidly growing industry - Tesla's gigafactories have shown unprecedented progress in terms of how fast the factory was built, as well as the automated manufacturing process - Tesla has 2billion miles of autonomous driving data, which is more data than any other player in the market for self-driving cars - Based on the vast amount of data, Tesla's self driving cars will allow the company to generate software-company-like margins - Tesla has better battery efficiency compared to combustion engine cars, and can still benefit from economies of scale - According to EV experts, Tesla's vehicles are at least 4-5 years more advanced than those of its competitors. - They have been hit with the coronavirus, slowing down production in their gigafactories, but their fundamentals remain strong nonetheless What We Believe In summary, Tesla is not for the average Warren-Buffet-style fundamental investor, seeking to purchase stocks at an undervalued price. It is, however, for the Masayoshi-Son-style investors who values the company by future expectations. We believe that Tesla is an automotive company to the same degree as Amazon is a bookstore. There is a lot more potential in the fundamentals of this company that many fail to recognize, and despite the short term hardships it may face, the innovative values that Tesla prioritizes can take this company to record highs. Trade Safe.
NASDAQ:TSLALong
by XForceGlobal
3
Cybertuck Go Crash? (TSLA)Woah, woah, woah hey now! It's ya big homie coming at you with another one of these fire TA 🔥 I got the daily pulled up on the big wild beast TESLA. Elon could be calling up his A.I. hedge fund from Mars right now telling them to go short. Or is Elon hoping in his Cybertuck to go fuel up the rocket? We got the compression showing indecision. Let's factor in the run from the recovery process. Lots and lots of green. When the compressed doji crosses over the green brick under it. Strong sign of a short. We at the indecision stage. I say fire short here at $725 With roughly a 3 - 5% stop 750 - 760 / Reverse target hit than go long A break above $760 I think would lead to a massive surge. Crack $700 I think it sells off Based on the fact that if you look at like a 6 hr chart. It's overall pattern on these style of timeframes look like a massive cup. Which is bullish. I just think we are a little to overextended and could cool a little bit. If I had to put price targets. If it goes short I think next we can shoot for the $640 If it broke long than really the only next level is $900. Break those targets, well than you are looking at a strong trend continuation Those will be very important levels. Right now we are at that sweet spot. Zone in on it.
NASDAQ:TSLAShort
by UnknownUnicorn2319099
43
TSLA LONG SET UP ON PULLBACKGet READY FOR A ROCKET A Peek Into Tesla's Price/Earnings Ratio Looking into the current session, Tesla Inc. (NASDAQ: TSLA) is trading at $494.45, after a 5.64% drop. Over the past month, the stock decreased by 34.02%, but over the past year, it actually went up by 84.67%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio.Assuming that all other factors are held constant, this could present itself as an opportunity for shareholders "SpaceX identified a valve motor on the second stage engine behaving not as expected and determined the safest and most expedient path to launch is to utilize the next second stage in line that was already at the Cape and ready for flight."
NASDAQ:TSLALong
by MavRich_Trading