Tslaforecast
Was TSLA Tesla Sell-off Predictable ?Of course it was! When we saw the Double Top Bearish chart pattern confirmed here, at $1130:
At that time both Elon Musk and Ark Invest were selling the shares at the top!
And there were people still buying them!
New Key price targets to watch:
$595 as a strong support before a potential reversal
$720 as a strong resistance after the reversal from the Falling Wedge Bullish Chart Pattern
$420 -$475 as a Buy Area (strong support and decent valuation)
Looking forward to read your opinion about it.
TSLA Bttom Support we dipped below the strongest support the 700$, however we close 1D candle over the 700$, that show us the strength of that support , if we want to make this our bottom , we need to hold above the 700$ and test again the current RS around the 833$, cause if we have 1D candle below 700$ SP , we will see a new support test above the 550$.
and still the 947$ is the bullish confirmation for TSLA if we close 1D candle above and hold .
Tesla Follow-up with More Detail $550??I have doubled my short position as of today.
Earlier this week, I posted a rather stale chart of Tesla (lol). At any rate, here is what I see from a technical perspective:
Double Top
Lower Highs
Rising F-Flag (bearish)
The CEO out there meme-ing in real life.
It's a set up for a complete catastrophe in $TSLA stock.
I think $500 - $550 is probably.
God bless,
Chief
TSLA Bill Gates $500Mil short position in TeslaDespite having a great quarter: EPS: $3.22 vs $2.26 expected
Revenue: $18.76 billion vs $17.80 billion expected, Bill Gates is still holding his 500Mil short position in TSLA.
There is a conversation circulating on twitter in which Musk asked Gates: “Do you still have a half billion dollar short position against Tesla?”
and Gates replied: “Sorry to say I haven’t closed it out. I would like to discuss philanthropy possibilities.”
Maybe this strong growth and 1.4Mil cars expected in 2022 are already priced into the market cap and a correction is possible on such a high (still) P/E ratio for the auto industry!
ARK also sold an important stake in TSLA this week.
Key supports are $906 and $765.
Looking forward to read your opinion about it.
Tesla earnings breakout attempt Based in the earnings conference call and information shared by elon, tesla price may have enough momentum to attempt another 52wk high. There are two ttm squeezes that are squeezing on the daily and weekly. Moreover there is a perfect, maybe too perfect elliott wave daily and weekly count. The structure fits very well and in agreement with another game squeeze setup. Tesla daily price sits on the 6 day ma and not under it so price may be initiating its trend today. Although telsa pulled back after 10% off of earnings, the price still closed above the 6 day ma which defines the start of new leg up. Currently I have opened June month 1675c @2.25 and looking to open another set on Friday April 22. This next gamma squeeze will be epic. Tgt in next two weeks 1269 and then 1600 into June or July. I hope this helps.
TSLA $620-$465 over the next few months?On the weekly timeframe, $TSLA just formed another lower high, now rejecting that upper trendline 3 times, which would setup the possibility for a much larger fall from here (unless price can get back above it--which doesn't look likely here).
I can see TSLA breaking it's prior low from February and breaking the $620 support being it's already been tested multiple times on the way up. What hasn't been retested yet is the support at $465, therefore, that's the most logical place for price to find support from here.
Let's see how it plays out over the next few months.
MIDIUM TERM TEASLA DIRECTIONAL BIAS BULLISHHEY GUYS
this is an update of the idea posted in 30 march in which I've successfully predicted last move this is the place I've been waiting for the market to come
and now I'm bullish
this is my general outlook on the market i am currently bullish on the stocks market and looking to buy the dips as far as i can see a retracement is due in both indexes and some profit taking so that happens this is my plan of attack keep in mind that this is an idea a plan in a uncertain chaotic environment out of multiple plans to be cirtainedif anything happens that changes the fundamentals of this idea, i will update.
please note that this is not financial advice. do your own research and use this information as conformational bias on top of your own analysis.
like for support!!!!
TSLA bullish ahead of stock split Tesla is asking its shareholders to split its stock for the second time in two years.
The split would come in the form of a dividend, paying shareholders additional shares.
It might reach all time high in my opinion if they don`t mess up with the deliveries, so there is still a 9.30%.
Looking forward to read your opinion about it.
TSLA classic daily Elliott Wave StructureTesla moved off it's lows in March and formed a classic Elliott Wave Structure. Currently the structure is in Wave 4 and may pull back for the next 2 to 3 days. I am planning to initiate a LONG position first week or seconds week of april. Wave 5 should attempt to make new 52 wk highs.
$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 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.
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🙏
❤️Please, support this idea with a like and comment!❤️
$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.