$TSLA If we take Sept 8th as our lows and Jan 25th as our highs, we can see a decent bullish candle on the daily Friday 5th. Supply met demand that day and we might see a new trend from now on. We either continue down to meet that .23 retrace level on we bounce upwards from here. Notice the volume last Friday as well, that should be a bullish indicator if these levels hold.
Tslaforecast
TSLA recovers!TSLA on the opening hours made a huge drop of 10 per cent down but then it recovered back from its 600 low all the way back to 700 after hours today! This is an amazing buying opportunity as it showed in times of turmoil, stocks recover back. This resembles the SPX drop of 30 per cent while not as big in magnitude, it had the same huge drop then a V-shaped recovery back to normal and this may show we are heading to all-time highs! Warning! I am not a financial adviser and take this with a grain of salt. Happy trading!
$TSLA - now is the perfect time for a low-risk/high-reward entryIf you 're not already in a TSLA position and have been waiting to enter, it is now in a perfect setup for a low-risk/high-reward entry. #TSLA has retraced after its binary event (earnings), as it typically does. Novice traders still think they can buy a stock on a known event and make easy money doing so. What they don't know is that most dip-buyers are looking to sell into these rallies.
TSLA has now retraced to the .786 Fib level, the 10 weekly EMA, is showing hidden bullish divergence, oversold Stoch RSI, and has formed a bullish pennant. What makes this low risk is the fact that your stop limit can be close to your entry, since it's practically sitting at the 10 weekly EMA.
Entry - $410 - $420
TP - $500
SL - $380
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We are LONG on TSLA. PT: 1200We are hyper bullish on TSLA for the rest of the year.
Some pointers:
After failing to meet EPS numbers, we remain confident that TSLAs growth has only begun.
Listening in on their earnings call, we are happy to hear that their growth will materially grow by more than 50% for many years to come.
With PiperSandler coming out with a $1200 PT yesterday and ARK Invests Cathie Wood saying they will come out with an updated analysis on tesla next month, we see this as very good news for TSLAs price action in the coming months.
With Elon stating that FSD and their auto business being worth $1T in market cap alone, that in and of itself is great for TSLA.
Their energy storage deployed doubled from Q3 to Q4.
TSLA is building 2 gigafactories (Berlin and Texas) and is outgrowing all of its competitors in every space.
Bidens EV plan will incentivize people to switch to EVs. It's only a matter of time.
Charting Patterns
Historically, TSLA has traded in many wedge patterns and this is no different. We believe this dip will be bought and the recovery will be rather quick.
ridethepig | Teeing Off in Tesla📌 Play continues with the next hole ... as in the previous ( with GBPUSD ) we will keep it to three main targets initially.
Now in Tesla's case, buyers are having to overcome some difficulties in development; the highs are optimally set with an island reversal, and so the tables can be turned. Timing wise this hole could not be better placed as sentiment looks set to start an attack against Tesla which has been cramped from exhaustion after all the good news (whatever that means).
.... TSLA @ 800
What is in play ? ... using TSLA as a barometer for the whole US equity board.
If Tesla loses the current structural support it will move the whole board as collateral. More gridlock on the other hand will leave us in a continuation till FED march.
For this swing, a good, perhaps better, target for 'par' is 500 (a whopping -37% drive). The extensions below at 460 and 400 are open for our 'birdie' and 'eagles'.
Thanks as usual for keeping the feedback coming 👍 or 👎
TSLA stock target price before 20 Jan 2021 : 1080$ ~ 1256$.It's possible that TSLA drop down at magic numbers like 888$ or 999$.
That's easy TSLA rally to 900$ on 12 Jan 2021.
It's a good idea that buy some really cheap options to hedge TSLA meltdown, ex. TSLA put Jun 21 at strike 270$ ~ 495$.
Short some TSLA CFD with little stop-loss order when TSLA diving.
The market could reach a incredible high level before 20 Jan 2021.
be careful when TSLA higher than 1080$.
Double-Tops pattern
fuzzy range 12xx$~13xx$
270$ is a potential bottom price.
However, everything is
possible. The most optimistic scenarios
for TSLA is 2295$ at end of the year 2021.
stock analysis by Jiucai334
US Stock In Play: $TSLA (Tesla Inc)$TSLA was the top trending ticker symbol over at Twitter ($TWTR) in the last 12 hours, after closing with a +7.94% rally intraday. This is a new all time high attained by $TSLA at $816.04, post split. The breakout have also fully negate the Bearish Wedge chart pattern highlighted in the previous week, with $TSLA breaking above the upper boundary of the chart formation in less than 5 trading session.
Current price volatility is observed to be at a significant range of $35/day ATR-14 (an approximate 4.35%/day). A continuous follow through of momentum tonight (bullish) with pre-market trading beyond $817, is likely to see TSLA trade beyond its limit range of 4.5% to close the week at $860.
Stay in autopilot or hit the brakes?Tesla's run has been nothing but extraordinary but as always in trading the question is what is next. The two trendlines are just the 3 and 4 standard deviation regression lines from the range breakout from November. If you are in the stock you could take some profits below those lines but that does not mean to short the stock. The near term range low zone is 655 to 614. Above those levels the trend is still up but if tesla closes below that area with any significance then the trend would be more bearish. This expansion breakout out of the longer term range has been strong and the stock may feel "overvalued" but don't trade on feelings. For now lets wait to see how price reacts to the regression lines and then the near term range low before we make any decisions
Ranges- are identified by the white boxes. Will always be classified by a swing high and low on either a monthly or weekly basis
MTF killer zoneThis MTF Killer Zone, its drawn when yesterday or the last period closes, it so powerful .
The way I use it is buying and selling as a support and resistance zone (but its not support and resistance analysis) or at a retest when it break, and if its not touched by the price today or in the current period ... than the zone will be still valid for any time in the near future (3 to 4 days or periods in this example).
You can use it as a target if you already have an open position in the market, or using a time frame for entry and another for target.
I can send for you on request different time frame the MTFkillerzone, such as weekly and monthly also good for yearly.
I recommend to use it only major pairs, also any other financial instrument ( Commodities , indices, bonds, and equities) .
Enjoy the setup please! :)
Buy Tesla Calls BroDo yourself a favor - Sell your BTC for $18,000 or whatever it is at and buy NASDAQ:TSLA Puts with it.
PS this may be the dumbest idea of the century but I am taking that chance. Technicals DO NOT WORK in this market so why the fuck not do something as stupid as this.
Who is old enough to remember Cisco?
TSLA SHORT SET UPTITLE/(DATE)- SELL LIMIT TSLA
ASSET- TSLA
PLATFORM- MT4
ORDER TYPE- SELL limit
Time Frame- 1D
ENTRY PRICE 1- $632.00 (Pending)
ENTRY 2- $647.00 (pending)
STOP LOSS- $652.00 (300 PIPs)
TAKE PROFIT 1- $600.00 (300 PIPS)
TAKE PROFIT 2- $570.00 (600 PIPS)
TAKE PROFIT 3- $540.00 (900 PIPS)
TAKE PROFIT 4- $510.00 (1200 PIPS)
TAKE PROFIT 4- $480.00 (1500 PIPS)
STATUS🚨 PENDING🚨
US Stock In Play: $TSLA (Tesla Inc)$TSLA have further broken out of its all time high psychological resistance at $607 which was exhibited by a Bullish Flag consolidation pattern, closing at $641.76 at end of market session.
During the short period of 16 day trading session, $TSLA have successfully broken its 1) Symmetrical Triangle Chart Pattern, 2) All time High $504 breakout, and 3) A bullish flag breakout this morning, rallying to a total gain of +47.18% on its share price.
We may be poised to see $700 being attained before Christmas.
TSLA: Tesla Gets Added to The S&P500Tesla (TSLA) is a one-of-a-kind electric vehicle company that is listed on the NASDAQ exchange. Just now, it has been announced that the stock will be added to the S&P500. In this analysis, we’ll take a look at the fundamentals of the company, as well as what this news means for Tesla.
Some of the information in this post is based on the analysis I wrote in March.
S&P500 Requirements
- There are certain requirements a company must fulfill in order to be added to the S&P500.
- The company must be a U.S. Company
- Must have a market cap of at least $8.2 Billion
- Must be highly liquid
- Must have a public float of at least 50% of its shares outstanding
- Its most recent quarter’s earnings and the sum of its trailing four consecutive quarters’ earnings must be positive.
Tesla had a hard time fulfilling the last part of the requirement, as it was not profiting for a while. They demonstrated increasing revenue, but a lot of their profits were reinvested into building infrastructures/gigafactories, and R&D.
Fundamental Analysis
- Despite the Corona Virus (COVID-19), Tesla has managed to manufacture and deliver record-high number of vehicles for 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 had 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.
- With Biden’s winning the election almost being certain, it’s anticipated that Tesla will heavily benefit from Biden’s green policies.
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.
- Most of the arguments against Tesla are in regards to their rather questionable financials, which they have now proven to be solid by being added to the S&P500
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 billions 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.
Technical Analysis
- We can look at the daily chart for some insight regarding technical analysis
- Tesla is notorious for ignoring a lot of the technical signals that appear on the chart.
- As it’s more driven by news and fundamental developments, it’s best to merely reference the technical aspect.
- We can see a clear uptrend marked by the ichimoku cloud support
- Prices trading above the 100 Simple Moving Average (SMA) is a bullish sign
- We can see that we have never broken below the 200 SMA since Nov. 2019
- As we consolidate in a bullish pennant pattern, bullish news is likely to cause a breakout near the apex of the pattern.
Summary
In summary, Tesla is not for the average value investor, seeking to purchase stocks at an undervalued price. It is, however, for the investors who know how to value the company by future expectations. I 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 is what brought the company to the S&P500. This obviously isn’t the end for Tesla. From a conservative view, I can see the stock easily double in price from these levels. A lesson to take from this investment is that if you have an in-depth understanding of the asset or security you invest in, despite volatile price actions and bearish news, the patience of holding can greatly reward you.
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I would also appreciate it if you could leave a comment below with some original insight.
$TSLA - MOMENT OF TRUTH! Bullish pattern forming$TSLA is in a moment of truth here. #TSLA formed a bullish pennant after hitting all time highs. Pennants are considered continuation patterns (in this case a continuation of the violent uptrend). The volume is also declining in typical fashion during these types of continuation patterns. The Stoch RSI is oversold which TSLA responds well to on the 1D chart.
The yellow arrows are when TSLA reported delivery numbers too. These have typically been the launch point to new breakouts. If TSLA can break out of the pennant, the expected mid term move is towards $616 where the 1.272 Fib extension is. This would also coincide with its inclusion in the S&P 500 at the end of the year or the beginning of 2021.
Bullish pennants aren't a guaranteed bullish continuation though. They break to the upside a little more than half the time so prudent traders will want to watch for the breakout first.
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