TSLA IN 4H dear traders and investors tesla still on bearish trend on daily but we see this jump means correction and we have a trend line bearish since 21 april and we see this breakout came with impulsive and huge volume that means investors are intrestiong in selling tesla next week take this positon and hit your target at 800.00
Tslalong
TSLA LongIn Q1 2022, Tesla Outsold All Luxury and Premium Car Brands In The U.S. and gained 8.6 percent of the total market share of luxury automotive sales. Tesla is showing no signs of slow down. We are now currently at a 1 hour supply zone level and I'm looking for a continuation to the upside because break of previous structure to the upside was broken at 790.00 area. I'm looking for a projection to 1002.00 area first TP. We will react to whatever the market shows us and trade accordingly.
$TSLA bulls is back!$TSLA stock climbs after beats its earnings expectation few days ago and continue to soars after fed meeting. No major news about the pipeline just pure technical breakout.
as for the chart pattern, TSLA is making lower high and i expect TSLA will pull back tomorrow, before is starts to push to high again.
here my price target for $TSLA for monday 08/01/22.
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For calls; buy above $911 and sell at 935 or above
For puts, buy below 880.89 and sell at 874.18 or below
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Welcome to this free technical analysis . ( mostly momentum play )
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TSLA awesome day 1500% trade per yesterdays plan880C up 1500% for today. 870C for AUG 5 are up 150% from yesterday. Sold them at 865 and rolled them out to 900C AUG 5. Those are up 120% into close. Closed those and opened 920C into next weekend.
Looks really good but markets are pretty extended short term imo. Will be careful next week. If we see a gap up, i might sell into strength.
This week alone TSLA gave us multiple 200% trades.
TSLA LongThis past week, lot of retail traders were taking profits out of energy & commodity options/swing trades and plowing the money back into their favorite meme stocks. TSLA is seeing the same basic chart action as ARKK & MEME (the meme stock ETF). (chart).
Retail traders, acting as a hive of investors, take profits out of basically every trade that makes sense due to market fundamentals and short the hell out of that sector as they leave, no matter what the outlook is for the sector going forward. Then they plow the money into the same overvalued set of stocks.
You can see this effect in late Fall 2021 as commodities & energy sectors got plundered and then each time that happens the retail investor favorites, depicted in the chart by the etfs ARKK, MEME & MGK (mega cap growth), shoot up. You can see how the commodities ETFs (particularly energy) chart is the mirror image of the meme stocks. What's so interesting about the chart is that the whole time these mirroring trades occur, there's every reason for commodity stocks to rise (limited production & increasing demand) and no reason for the wildly overvalued meme stocks to rise more. Yet people keep taking money out of commodities and putting them into meme stocks anyways. This irrational pattern has existed all through 2021 and continues through 2022 so far.
The effect of irrational retail traders piling into the same overvalued stocks and holding them no matter what is what has been driving increases in these overvalued stocks for at least the last year (and maybe two years). It's becoming more and more volatile.
In my opinion, it's probably not over yet, and this is a bear market rally in Cathie Woods/mega cap growth stocks that will peter out once retail traders are done selling out of commodities & oil & putting their gains back into their favorite stocks. Then these stock will resume falling and commodities will start to climb again.
But I may be wrong, because at some point higher interest rates will be fully priced in and the overpriced growth stocks will bottom out, which can happen at any time. Also, at some point commodity & oil stocks are going to be fully valued and the companies will be adequately capitalized, even after retail traders & shorts are trying to drive them down irrationally.
The other thing that happened to lift broad indexes this past week was options expiring and shorts covering, which also lifted stocks because everything was heavily shorted.
tldr; I could see shorting TSLA because this is probably a bear market rally, but then again the bear market in growth stocks can reverse at any time and that time may be near at hand.
now going long on tsla.
Coast is clear for $TSLAWith earnings out of the way and a new clean energy bill signed, $TSLA looks set for the next leg higher. Yesterday, the stock defended its 200EMA and made a push above the post-earnings high of $842. With better-than-feared earnings from $AAPL and $AMZN, the market looks set for higher prices in the coming period. As a result, the coast is now clear for $TSLA to clear $850 and reach the next resistance area around $875. Careful adding on strength, but keep it on your radar for overall sentiment in the growth sector.
TSLA gap fill tradeTSLA had a really good day. Looks like momentum is coming back into this name. As long as TSLA holds above 817, there is a good chance it can fill the gap 845.63 - 865.65. If we open down, i will buy near 817 or i will buy over todays high on gap up for the gap fill.
JUL 29 850C should work
$TSLA Tesla Head & Shoulder c'mon Elon!$TSLA TELSA
I have been waiting so patiently for TESLA to meltdown and it just keeps showing strength and pulling through.
Elon fans are still strong while Elon is out frolicking on a boat shirtless with skin that hasn't seen sunlight since the pandemic looking for baby mama number 5.
As you can see above, TESLA has formed a head & shoulder pattern on the larger time frames, the monthly shows it best.
Head and shoulder criteria:
1. Buying volume is diminishing and showed most strength on the left shoulder.
2. The head is much higher then the left shoulder.
3. The neckline fits the description of a proper head and shoulder pattern.
4. We are beginning to form the right shoulder currently as Tesla broke out of the pennant to the upside after printing solid earnings and sharing its sale of BITCOIN.
Tesla hasn't even shown signs that it is breaking down yet, it hasn't capitulated or showed strong signs of weakness in this bear market.
I will be waiting patiently like a snake in the grass for my buying target near the Gap (red bar).
Tesla Fundamental, Technical and IdeasTSLA—Tesla Fundamental and Price Chart Analysis ( Concluding and comparing historical financial health, stability, growth and value of company to current and future projections to help make investment decisions. )
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TSLA Fundamental Analysis
Income Statement
- Income, Earnings and profit margin for Tesla all increased over past 5 years
- Tesla reported higher than forecast earnings for company for the past 4 quarters
Balance Sheet
- Increasing Assets and liabilities with a shrinking Debt-Asset Ratio
Cash Flow ( Value of the Company is ALWAYS a reflection of FREE CASH FLOW )
- 2018-2019 Tesla free cash flow growth risen by 442.2%.
- 2019-2021 Telsa free cash flow growth is still increasing but by smaller percentages. Since 2019
Tesla free cash flow growth decreased by -455.04%.
- Trailing Twelve Month free cash flow for TSLA is nearly 70% higher than free cash flow ending year 2021.
Source: tradingview.com
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TSLA Price Chart Analysis
Tesla decreased more than 50% in value since November 4, 2021 bringing the value of the company near 52 weeks low between 790.00 - 640.00 on Daily timeframe. Largest movements to downside are near Company Earning Announcements ( though Tesla has reported higher than expected earnings for 4 consecutive quarters, the growth rate between the both has been declining.
*Tesla is expected to announce lower than previously forecasted and actual earnings ( @ 1.81/per share ) and
revenue ( @ 16.5 billion ) report today July 20, 2022 during after market hours.*
Sub-chart indicators demonstrates indecision in direction of price with 750.00 being close to the highest price investors are currently willing to pay for stock. Near 790.00 is assumed to be safest and most profitable position to enter a short term sell entry.
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Sentiment for TSLA:
-Short Term Bearish
- Mid Term Bullish
Entry and Exit Levels for TSLA:
-Short Term SELL - up to 2.5 months Holding period )
- Limit 790.00
- Stop Loss 900.00
- Take Profits 400.00
- Reward-Risk 3.50/1.00
Mid Term BUY - up to 5 month Holding period )
- Limit 500.00
- Stop Loss 400.00
- Take Profits 1000.00
- Reward-Risk 5.00/1.00
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TSLA Breaks Trendline and Double Bottom Neckline!TSLA recently broke the trendline on the daily chart. It also broke the neckline on the "Double Bottom" pattern (see the daily timeframe).
Since the break of the trendline and time of the post, TSLA has moved approximately 51 points above the break. A screenshot is provided below for quick reference.
Have a great weekend,
MrALtrades00
TSLA idea The Tesla arrow is moving in the form of a descending corrective channel and reached the golden area of the big bullish wave and touched the bottom of the channel, in addition to the matching of the two Fibonacci levels with strong areas
Strong buying opportunity on the stock
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TSLA: Tesla will get into trouble because of Elon Musk - 19%Today we're here to talk about TSLA
Today: Tesla shares are trading at 649.95. And the company looks clearly worse than the market. It is obvious that the company is highly overvalued and therefore the market needs a correction. I believe that Tesla shares need to be corrected by another 19% of the current value over the past 2-3 weeks, and then their price will be quite market. Thus, the shares need to fall down to the level of 535 - 500 dollars per security. And this is in the region - 19% of the current level. At what, as I believe, the fall will be quite sharp . And it will be mainly caused by public accusations against Elon Musk on manipulations with cryptocurrencies. After all, the fall that is now developing in the cryptocurrency market makes it possible to assume that Elon was engaged in exchange manipulations and at the same time warmed up the audience by selling goods and services from Tesla . Already, a wave is rising in the press, which will hit the value of shares up to - 19%, which will cause its sale.
Based on the above, I recommend:
If you want to go short:
It is better to open short positions from the level of 700 - 680, but limit your losses.
If you want to buy:
Buying now is too risky. It is better to refuse them or take them at a price of 535 - 500 dollars per paper.
If you are not in the market:
You can try to go short from the 680 level or wait until the market bottoms around 535 - 500 and then buy.
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Daddy Musk bout ta Get SomeUpdate from previous idea that encompasses bigger picture at play:
Summary
- initial target is 730 (near term); confirmation/entry above 681. I have calls with strike at the entry (Jun 17 680s) because highly likely it will retest this resistance (which is also the beginning of gap created yesterday on 6/13). My prediction is that it will break above entry and begin a very explosive run (see "Explaination" section below)
- Intermediate target 1 = 821.70
- Intermediate target 2 = 955.50
- Goal Target = 1400 ; this will be Primary wave 5 (circle 5). *Note: I do not expect 1400 by July, so to alleviate confusion if you read the chart as such, I just wanted to capture everything in 1 chart while still showing the mechanics of the harmonics within
Explaination
- The general pattern since intermediate wave 3 = primary wave 1 has been a break of downtrend line via bullish harmonics (these are labled throughout the chart)
- The most recent price action, which I am suggesting playing long (BUT THIS IS NOT FINANCIAL ADVICE), is very bullish with a gartley coming off a butterfly to complete a 5-count Z (which completes the triple combo corrective wave, Primary (circle) 4)
What this means for the whole market : I think it has become undeniable over the recent years that the market (including the crypto market) has become highly correlated with TSLA price action, especially the big moves of TSLA - which tends to drastically affect market trends. Papa Elon is aware, don't let him manipulate you the wrong way... this planet you call earth... is not home to him. If TSLA is ending its corrective wave slightly before market, as this setup suggests, please expect the market to follow.
With Intent,
Random TSLA Graffiti Artist AKA obvious & typical "Muskie"