TSLA - If Price Makes The News...If price makes the news, and not the other way around - then around August 12th, 2021 seems like the right time to release some company specific breaking news.
In TSLA's case, we have a ~6 month wedge forming that converges on 8/12/21.
Price is currently coiling in a tight range, and will need to resolve itself directionally within 2 weeks.
Look for signs of accumulation and watch what price does at the lows for clues.
Tslaforecast
TSLA 3/day and weekly Trend ReversalOn the weekly for tesla, we are seeing a trend shift on the trend bricks and all 3 trend meters. This is a good confirmation for an entry on a short position.
We will have a 3-day close also in the red.
I would look for an entry on a weekly close confirmation.
Great long-term potential setup.
TSLA explodes higher into August 2021 with defined targetTSLA has been a trading like fud for the past few months and this was expected after a parabolic move in 2020. The monthly setup shows a high tight monthly darvas setup. The TOSOPTION algorithm on the monthly continues to trade long. If the upper channel of the darvas gets taken out then TSLA moves to 1126 which is our fibonacci 1.272 extension. With earnings around the corner, the price either reaches the target pre earnings run or post earnings. We have opened a series of directional contracts for July 23 800C. A close above 665.59 on July 9 would be ideal for tsla to push higher next week into July 13 and July 14.
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 $170-180 area for the retest. It was from there that the Covid fall of the market began in March 2020, a strong level that would be good to check for strength.
TSLA (TESLA) TECHNICAL ANALYSIS (1DAY)CHART SHOWS A FULL BREAKDOWN OF PRICE ACTION & SCENARIOS TO BE AWARE OF
Period End Date TTM 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Period Length 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
Total Revenue- 35,940.00 31,536.00 24,578.00
Cost of Revenue- 28,329.00 24,906.00 20,509.00
Gross Profit- 7,611.00 6,630.00 4,069.00
Selling, General and Administrative- 3,574.00 3,145.00 2,646.00
Research and Development- 1,833.00 1,491.00 1,343.00
Unusual Expense/Income- -101.00 0.00 149.00
Total Operating Expense- 33,635.00 29,542.00 24,647.00
Operating Income- 2,305.00 1,994.00 -69.00
Interest Income Net- -779.00 -832.00 -593.00
Other Income Net- 91.00 -8.00 -3.00
Net Income Before Taxes- 1,617.00 1,154.00 -665.00
Provision for Income Taxes- 359.00 292.00 110.00
Net Income- 1,112.00 690.00 -870.00
Income Avail. to Common Excl. Extraord.- 1,112.00 690.00 -870.00
Income Avail. to Common Incl. Extraord.- 1,112.00 690.00 -870.00
Diluted Average Shares- 1,107.00 1,083.00 887.00
Diluted EPS Excl. Extraord.- 0.99232 0.63712 -0.98083
Diluted EPS Incl. Extraord.- 0.99232 0.63712 -0.9808
Insider Trading Relationship Date Transaction Cost #Shares Value ($) #Shares Total SEC Form 4
Baglino Andrew D SVP Powertrain and Energy Eng. Jun 07 Sale 587.83 903 530,814 18,997 Jun 08 08:13 PM
Taneja Vaibhav Chief Accounting Officer Jun 07 Sale 587.84 1,813 1,065,747 19,681 Jun 08 08:26 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Jun 05 Option Exercise 0.00 1,786 0 19,900 Jun 08 08:13 PM
Taneja Vaibhav Chief Accounting Officer Jun 05 Option Exercise 0.00 3,668 0 21,494 Jun 08 08:26 PM
Baglino Andrew D SVP Powertrain and Energy Eng. May 27 Option Exercise 41.57 1,000 41,570 19,614 Jun 01 07:08 PM
Baglino Andrew D SVP Powertrain and Energy Eng. May 27 Sale 620.17 1,500 930,255 18,114 Jun 01 07:08 PM
Kirkhorn Zachary Chief Financial Officer May 17 Sale 575.34 1,250 719,175 54,734 May 19 07:08 PM
Guillen Jerome M President, Heavy Trucking May 10 Option Exercise 55.32 10,000 553,200 60,598 May 12 07:19 PM
Guillen Jerome M President, Heavy Trucking May 10 Sale 644.06 10,000 6,440,627 50,598 May 12 07:19 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Apr 27 Option Exercise 41.57 1,000 41,570 20,114 Apr 29 08:20 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Apr 27 Sale 717.17 1,500 1,075,755 18,614 Apr 29 08:20 PM
DENHOLM ROBYN M Director Apr 26 Option Exercise 52.38 62,500 3,273,750 67,500 Apr 28 09:41 PM
DENHOLM ROBYN M Director Apr 26 Sale 740.97 62,500 46,310,388 5,000 Apr 28 09:41 PM
Kirkhorn Zachary Chief Financial Officer Apr 19 Sale 718.00 1,250 897,500 55,984 Apr 21 08:23 PM
Guillen Jerome M President, Heavy Trucking Apr 12 Option Exercise 55.32 10,000 553,200 60,598 Apr 14 07:13 PM
Guillen Jerome M President, Heavy Trucking Apr 12 Sale 697.87 10,000 6,978,659 50,598 Apr 14 07:13 PM
Taneja Vaibhav Chief Accounting Officer Apr 05 Option Exercise 54.67 4,090 223,586 22,279 Apr 07 08:04 PM
Taneja Vaibhav Chief Accounting Officer Apr 05 Sale 696.57 4,453 3,101,831 17,826 Apr 07 08:04 PM
Musk Kimbal Director Apr 01 Option Exercise 74.17 12,000 890,040 611,740 Apr 05 07:51 PM
Musk Kimbal Director Apr 01 Sale 675.85 12,000 8,110,149 599,740 Apr 05 07:51 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 29 Option Exercise 41.57 1,000 41,570 20,614 Mar 31 07:59 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 29 Sale 615.75 1,500 923,625 19,114 Mar 31 07:59 PM
Kirkhorn Zachary Chief Financial Officer Mar 17 Sale 655.81 1,250 819,762 57,234 Mar 19 07:20 PM
Guillen Jerome M President, Automative Mar 10 Option Exercise 55.32 10,000 553,200 60,598 Mar 11 07:32 PM
Guillen Jerome M President, Automative Mar 10 Sale 711.30 600 426,778 50,598 Mar 11 07:47 PM
Guillen Jerome M President, Automative Mar 10 Sale 681.20 8,900 6,062,696 51,198 Mar 11 07:32 PM
Taneja Vaibhav Chief Accounting Officer Mar 08 Sale 595.08 1,844 1,097,328 18,189 Mar 09 09:05 PM
Kirkhorn Zachary Chief Financial Officer Mar 08 Sale 595.08 2,818 1,676,935 58,484 Mar 09 07:33 PM
Guillen Jerome M President, Automotive Mar 08 Sale 595.08 609 362,404 50,598 Mar 09 08:30 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 08 Sale 595.08 897 533,787 19,614 Mar 09 08:36 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 05 Option Exercise 0.00 1,785 0 20,511 Mar 09 08:36 PM
Guillen Jerome M President, Automotive Mar 05 Option Exercise 0.00 1,211 0 51,207 Mar 09 08:30 PM
Kirkhorn Zachary Chief Financial Officer Mar 05 Option Exercise 0.00 6,295 0 61,302 Mar 09 07:33 PM
Taneja Vaibhav Chief Accounting Officer Mar 05 Option Exercise 0.00 3,667 0 20,033 Mar 09 09:05 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 01 Option Exercise 41.57 1,000 41,570 20,226 Mar 03 08:20 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Mar 01 Sale 690.11 1,500 1,035,165 18,726 Mar 03 08:20 PM
Kirkhorn Zachary Chief Financial Officer Feb 17 Sale 778.17 1,250 972,712 55,007 Feb 19 08:28 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Feb 10 Option Exercise 51.64 4,000 206,560 23,226 Feb 12 09:10 PM
Guillen Jerome M President, Automotive Feb 10 Option Exercise 55.32 10,000 553,200 59,959 Feb 12 07:55 PM
Guillen Jerome M President, Automotive Feb 10 Sale 817.58 10,000 8,175,763 49,959 Feb 12 07:55 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Feb 10 Sale 807.88 4,000 3,231,540 19,226 Feb 12 09:10 PM
Musk Kimbal Director Feb 09 Sale 852.12 30,000 25,563,510 599,740 Feb 10 08:20 PM
Gracias Antonio J. Director Feb 09 Sale 846.59 150,747 127,621,080 2,545 Feb 10 07:53 PM
Gracias Antonio J. Director Feb 08 Option Exercise 58.15 150,747 8,765,754 153,292 Feb 10 07:53 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Jan 27 Option Exercise 41.57 1,000 41,570 20,726 Jan 28 09:15 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Jan 27 Sale 870.35 1,500 1,305,525 19,226 Jan 28 09:15 PM
Kirkhorn Zachary Chief Financial Officer Jan 19 Sale 837.74 1,250 1,047,175 56,257 Jan 21 08:43 PM
Guillen Jerome M President, Automative Jan 11 Option Exercise 55.32 10,000 553,200 59,959 Jan 14 06:14 PM
Guillen Jerome M President, Automative Jan 11 Sale 833.75 10,000 8,337,533 49,959 Jan 14 07:30 PM
Taneja Vaibhav Chief Accounting Officer Jan 06 Option Exercise 54.67 4,100 224,139 20,778 Jan 08 09:56 PM
Taneja Vaibhav Chief Accounting Officer Jan 06 Sale 762.99 4,463 3,405,242 16,315 Jan 08 09:56 PM
Wilson-Thompson Kathleen Director Dec 31 Option Exercise 44.95 13,885 624,131 15,685 Jan 05 08:49 PM
Wilson-Thompson Kathleen Director Dec 31 Sale 697.57 13,885 9,685,703 1,800 Jan 05 08:49 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Dec 28 Option Exercise 41.57 1,000 41,570 21,226 Dec 30 08:58 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Dec 28 Sale 674.68 1,500 1,012,020 19,726 Dec 30 08:58 PM
Kirkhorn Zachary Chief Financial Officer Dec 17 Sale 628.59 1,250 785,738 57,507 Dec 21 09:12 PM
Guillen Jerome M President, Automotive Dec 10 Option Exercise 55.32 10,000 553,200 59,959 Dec 14 08:05 PM
Guillen Jerome M President, Automotive Dec 10 Sale 613.48 10,000 6,134,794 49,959 Dec 14 08:05 PM
DENHOLM ROBYN M Director Dec 07 Option Exercise 51.99 43,610 2,267,284 48,610 Dec 09 09:36 PM
DENHOLM ROBYN M Director Dec 07 Sale 609.55 43,610 26,582,465 5,000 Dec 09 09:36 PM
Kirkhorn Zachary Chief Financial Officer Dec 05 Option Exercise 0.00 6,296 0 61,920 Dec 08 07:53 PM
Guillen Jerome M President, Automotive Dec 05 Option Exercise 0.00 1,211 0 50,568 Dec 08 09:40 PM
Taneja Vaibhav Chief Accounting Officer Dec 05 Option Exercise 0.00 3,667 0 18,521 Dec 08 08:30 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Dec 05 Option Exercise 0.00 1,786 0 21,123 Dec 08 08:57 PM
Wilson-Thompson Kathleen Director Nov 30 Option Exercise 44.95 12,500 561,875 14,300 Dec 02 08:51 PM
Gracias Antonio J. Director Nov 30 Buy 567.60 10 5,676 1,304,390 Apr 05 08:06 PM
Wilson-Thompson Kathleen Director Nov 30 Sale 592.99 12,500 7,412,426 1,800 Dec 02 08:51 PM
Kirkhorn Zachary Chief Financial Officer Nov 17 Sale 460.26 1,250 575,325 55,624 Nov 19 08:23 PM
DENHOLM ROBYN M Director Nov 16 Option Exercise 51.99 43,610 2,267,284 48,610 Nov 18 09:18 PM
DENHOLM ROBYN M Director Nov 16 Sale 408. 01 43,610 17,793,506 5,000 Nov 18 09:18 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Nov 10 Option Exercise 48.39 600 29,034 20,437 Nov 12 09:13 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Nov 10 Sale 420.00 1,100 462,000 19,337 Nov 12 09:13 PM
Wilson-Thompson Kathleen Director Oct 30 Option Exercise 44.95 12,500 561,875 14,300 Nov 03 08:56 PM
Wilson-Thompson Kathleen Director Oct 30 Sale 399.99 12,500 4,999,815 1,800 Nov 03 08:56 PM
Kirkhorn Zachary Chief Financial Officer Oct 27 Option Exercise 5.69 10,000 56,900 66,874 Oct 29 08:38 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Oct 27 Option Exercise 48.39 10,000 483,900 29,837 Oct 29 09:17 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Oct 27 Sale 424.60 10,000 4,245,980 19,837 Oct 29 09:17 PM
Kirkhorn Zachary Chief Financial Officer Oct 27 Sale 427.13 10,000 4,271,350 56,874 Oct 29 08:38 PM
Gracias Antonio J. Director Oct 27 Sale 424.41 155,000 65,784,227 2,545 Oct 28 08:37 PM
DENHOLM ROBYN M Director Oct 26 Option Exercise 51.99 43,610 2,267,284 48,610 Oct 28 09:12 PM
Gracias Antonio J. Director Oct 26 Option Exercise 50.54 155,000 7,833,300 157,545 Oct 28 08:37 PM
DENHOLM ROBYN M Director Oct 26 Sale 417.98 43,610 18,228,306 5,000 Oct 28 09:12 PM
Kirkhorn Zachary Chief Financial Officer Oct 19 Sale 446.24 1,250 557,800 56,874 Oct 21 08:51 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Oct 12 Option Exercise 48.39 1,000 48,390 21,337 Oct 14 08:04 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Oct 12 Sale 442.00 1,500 663,000 19,837 Oct 14 08:04 PM
Taneja Vaibhav Chief Accounting Officer Oct 05 Option Exercise 54.67 4,105 224,416 19,203 Oct 07 08:26 PM
Taneja Vaibhav Chief Accounting Officer Oct 05 Sale 425.17 4,404 1,872,444 14,799 Oct 07 08:26 PM
Guillen Jerome M President, Automotive Oct 01 Option Exercise 51.64 15,000 774,600 64,357 Oct 05 09:10 PM
Guillen Jerome M President, Automotive Oct 01 Sale 442.43 15,000 6,636,511 49,357 Oct 05 09:10 PM
Wilson-Thompson Kathleen Director Sep 30 Option Exercise 44.95 12,500 561,875 14,300 Oct 05 08:45 PM
Wilson-Thompson Kathleen Director Sep 30 Sale 426.97 12,500 5,337,111 1,800 Oct 05 08:45 PM
Kirkhorn Zachary Chief Financial Officer Sep 17 Sale 416.15 1,250 520,188 58,124 Sep 18 08:16 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Sep 10 Option Exercise 48.39 1,000 48,390 21,837 Sep 14 08:26 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Sep 10 Sale 387.44 1,500 581,160 20,337 Sep 14 08:26 PM
Taneja Vaibhav Chief Accounting Officer Sep 05 Option Exercise 0.00 3,666 0 17,324 Sep 09 08:07 PM
Baglino Andrew D SVP Powertrain and Energy Eng. Sep 05 Option Exercise 0.00 1,784 0 21,894 Sep 09 07:48 PM
Kirkhorn Zachary Chief Financial Officer Sep 05 Option Exercise 0.00 6,664 0 63,319 Sep 09 09:18 PM
Guillen Jerome M President, Automotive Sep 05 Option Exercise 0.00 1,211 0 50,074 Sep 09 09:43 PM
Musk Kimbal Director Sep 03 Option Exercise 74.17 20,375 1,511,214 638,240 Sep 03 09:26 PM
Guillen Jerome M President, Automotive Sep 01 Option Exercise 51.64 15,000 774,600
TSLATesla, Inc. (NASDAQ:TSLA) started the day negative but turned things around to close up nicely on decent volume. Keep an eye to see if it can break out above the $635.59 level next week. The stock shows signs of a trend reversal. Trajectories of momentum indicators on daily charts also suggest uptrend for the stock. Long setup on watch.
TESLA TO THE 'EARTH'S CORE' INSTEAD!With a bearish pressure despite economic recoveries ,Tesla has formed a somewhat Bearish Pennant with it's recent dip despite indexes hitting ATHs. with a level of confluence at price $621 having 38.2% retracement and 61.8% expansion ,with price $600.00 holding onto 23.6% of the retracement level ,thus giving more confidence and validation to the bearish pennant that should break out around the $575 zone and forecasts price to hit $345 price which is slightly (not entirely) below support at $400.00 also being 161.8% expansion level and not only being a classical support but numerically being the psychological price level (hence i say psychological support).
Disclaimer: All views ,opinion ,analysis shared by FX PRODiGY should not be considered as financial advice but rather a recommendation or perspective regarding financial instruments. Note that trading levaraged instruments involves risk of losing your investments
TSLA TWO DAY SWING SETUPTSLA algorithm on the daily is still in a sell short position. On the 30 min time-frame, the algorithm is neutral. Last Friday, the TSLA daily candle closed green - up 4.5%. This candle is a potential setup for BLT. Friday Bacon, Monday slight green and close flat as a doji. Tuesday we expect a 5% move within the first 60mins from the open. So the ideal entry would be open a position on Monday end of day. The setup would be invalidated if the price gaps down or if the price of TSLA does not form a Doji on Monday. There is always a possibility that TSLA can run on Monday but the probability is less than 50%.
TSLA is still in a downtrend and the short term bounce is limited and we still expect TSLA to trade lower down to the gap fill at 566 and then fill the gap at 400 sometime in the month of June either Tuesday 2 hours after the open or Wednesday. Triple witching week is generally bullish but post witching week the probabilities of TSLA dropping down to 400, especially if the underlying is not trading above 566, will increase exponentially.
TSLA ROCKET OR #2 YAHOO?TSLA is the most discussed Stock of the year. Its valuation is out of every measure there is. Its overvalued.
And yes people are very protective of this, especially with Tesla.
But its the truth.
I don't think it will crash, but in the future, not specifically at S&P 500 index inclusion, the money will shift.
So far TSLA doesn't have any proper competitors that currently would be equal or better than TSLA. But when it happens, people will shift the money to other stocks. Because in my mind TSLA valuation is not Tesla's, but the EV's + Solar + Battery + Insurance + Self Driving valuation in total that is just currently alocated to the best spot there is: TSLA. That money will belong to some competitors in the future.
Not saying China will crush USA, although I can't deny its growing power. The agreements and steps the new president will make will impact the whole decade.
A 20% China Securities / 60% US Securities / 20% Crypto is one of my favorite portfolio allocations for a larger portfolio.
TSLA - Elliott Wave Analysis - CorrectionHi All,
I'm a long term Tesla Bull, but bearish short term, the price action suggest short term bearish price action.
Reasons
- No Catalyst until July Delivery Numbers
- No S/X Deliveries yet
- Nasdaq still in correction mode and has a room to come down, pressure on tech/growth stocks.
- Elon's tweets about FSD subscription(impacts financials) and FSD V9 release dates(impacts no financials on short term, helps perception which is good) are still in the air with no factual date of release.
- Elon's sudden move on BTC adoption, then again sudden reaction on it's rejection, creates only confusion and markets don't like it, but this will have only short term ~1 day impact on trading.
PS: This is just my opinion based on price action and macro level economics. Please be careful picking your trades.
TSLA at pivot point for move upTSLA has the ability to test up to $718-$720 within the next week.
If it can hold demand above the $701-$704 range after a test of those levels, the next price targets in the above range start at $729.40 with a high range of $749.30
Topside supply of this move comes in the ranges between $760 and $780.
A break of this upper supply range gives TSLA the ability to retest the red-trendline gap resistance. The price target for this move would depend on when TSLA is able to find a lack of supply below $780.
The drawn arrowed lines indicate an important trend progression for TSLA in deciding whether it will be able to test the above range.
A break below the drawn tan downtrend line will likely see TSLA retest the lower light-blue trendline support.