Get started

Tslalong

TSLA Stock Analysis and market prediction Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ TSLA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TSLA is performing more or less in line with the market. TSLA has been doing really well for itself, The Bullish trend for the stock has started back in August and the stocks seems to be trending in a Rising wedge pattern which indicates a reversal soon but there are no signs for a breakout yet. Both the short-term and long-term trends are positive. This is a very positive sign. The stock is trading at 805.72 and it's nearing the resistance level located at 808.63 with a strong upward momentum which indicates a breakout of that resistance in the next day or so. This will lead the stock to have it focus on the resistance at 822.31 where the next target for the stock will be. But we might see some pullback that could lead to a drop in value for the stock but it shouldn't be further than the support located at 784.54. Technical indicators show : 1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign) 2) The STOCH has reached overbought zone which could indicate a small pullback. a positive crossover between %K (90.26) and %K (80.01) which indicates a Bullish move. 3) The RSI is at 68.32 showing Great strength in the market. With no divergence found between the indicator and the market Support & Resistance points : support Resistance 1) 770.15 1) 803.90 2) 754.81 2) 822.31 3) 736.40 3) 837.65 Fundamental point of view : TSLA's Return On Assets of 3.90% is amongst the best of the industry. TSLA does better than the industry average Return On Assets of -0.34% and TSLA shows strong growth in Earnings Per Share. In the last year, the EPS has been growing by 172.10%, which is quite impressive. New Caledonia's Prony Resources said on Wednesday Tesla (NASDAQ:TSLA) Inc had agreed to purchase more than 42,000 tonnes of nickel in a multi-year deal - a pact that is set to make it a key supplier of the metal to the U.S. electric car maker. Electric vehicle makers have made securing sufficient supplies of nickel - a key ingredient in automotive batteries - a top priority and are particularly keen to seek out sustainable and low-carbon nickel supplies. Tesla, which serves as an adviser on product and sustainability standards to Prony, also signed a deal to take supply from BHP's nickel operations in Australia earlier this year. Prony did not disclose how many years the deal with Tesla will run for. The automaker is expected to deploy around 30,000 tonnes of nickel in batteries this year and is likely to rapidly ramp up its nickel consumption in the coming years, said Steven Brown, a Sydney-based independent expert on battery minerals. According to Reuters This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NASDAQ:TSLALong
by GabiDahduh
TSLA Short term rally targetWe have implemented the Wolfe Wave Zero-Lag indicator to Tradingview. Eighty Percent of the Waves that form and display on any time-frame we assume bullish. For example, in the chart on TSLA, there is a Bearish Wolfe Wave marked in red. So we assume a contrarian position and approach this trade as a bullish setup. If price takes out pivot 5 then tsla breaks out taking out it previous 5 day high. When using this over the weekend, the trade become easier to manage in terms of risk and reward. Holding TSLA long call positions over the weekend averages approx 58% probability of success with profit factor greater then 2.4. Our targets are usually determined using premarket gaps or fibonacci 1.272 extensions.
NASDAQ:TSLALong
by TOSOPTION
TESLA breaking resistance lines and moving upHello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ TSLA has been doing great for the last couple of days the stock price jumped from 718.33 and reached 799.38 today. That is an 11% increase in 6 days. The long and short term trends are both positive. and looking at the yearly performance, TSLA did better than 87% of all other stocks. We also observe that the gains produced by TSLA over the past year are nicely spread over this period. Possible Scenarios for the market : Scenario 1 : The market is trading near 791.36 and nearing the resistance line located at 794.82 if this momentum continues then we will see a breakout from that level that will push the market up where the first stop will be at the 814.84 resistance where the Bears might step in an attempt to drop the price back to the 794.82 level. In case the Bulls were able to keep control over the trend we could be seeing the stock reaching the 849.43 level soon. Scenario 2 : When the market reaches the first resistance at 794.82 a battle will happen between the Bears and the Bulls to gain control over the market, In case the Bears were able to strip control from the Bulls then we will see a drop in price that will reach the first support level located at 754.36. The bulls will step in at that level to take control again and keep the uptrend going which will lead to an increase in the stock value that will reach 794.82 again and from there breaking out and reaching the 814.84 level Technical Indicators show : 1) The market is above the 5 10 20 50 100 and 200 MA and EMA (Strong Bullish Sign) 2) The RSI is at 69.25 showing Great strength in the market and almost reaching the overbought zone. 3) The MACD is above the 0 line indicating that the market is in a Bullish state, With a positive crossover between the MACD line and the Signal line. Daily Support & Resistance points : support Resistance 1) 754.36 1) 784.60 2) 734.34 2) 794.82 3) 724.12 3) 814.84 Weekly Support & Resistance points : support Resistance 1) 737.08 1) 793.26 2) 699.76 2) 812.12 3) 680.90 3) 849.43 Fundamental point of view : TSLA shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 172.10%, which is quite impressive and the Altman-Z score of 16.91. This indicates that TSLA is financially healthy and has little risk of bankruptcy at the moment. TSLA's Return On Assets of 3.90% is amongst the best of the industry. TSLA does better than the industry average Return On Assets of 0.02%. The shift to electric vehicles will force huge changes in the auto industry and require EU backing for 'reskilling' programs to help workers prepare for a zero-emission future, according to a report published on Tuesday. The Platform for Electromobility, an industry group, said a report by the Boston Consulting Group showed by 2030 European auto industry employment will drop by less than 1% from 5.7 million people today amid the transition to electric vehicles. according to Reuters This is my personal opinion done with technical analysis of the market price and research online from Fundamental Analysts and News for The Fundamental point of view, not financial advice. If you have any questions please ask and have a great day !! Thank you for reading.
NASDAQ:TSLALong
by GabiDahduh
2
TSLA aka TESLA Trading IdeaG'day Guys Another week of trading. Today we going to start our week with STOCK trading. TESLA stock is one of the favourite stocks worldwide. Since the recent release of CyberTruck, this stock gaining a lot of attention and investor have started to pumping their cash. Technically, I see healthy uptrend momentum created. Perhaps we going to see some profit-taking taking place which is normal for investors to liquidate their investment into hard cash. I expecting a price to form a correction to complete the market structure between 765.40 and 721.15 before the uptrend rally continued. As everyone sees on the chart, the crucial support level at 721.15 is considered as a decision level to step out or making another buy order to leverage the previous order. This is my personal overview of this stock, the decision in your hand. Managing a risk combine with your trading plan will create consistency in the trading world. Let's see what gonna happens next. Dance with the Market mate. Cheers
NASDAQ:TSLALong
by EYFMarkets
TESLA a break above 775Shares closed 2.75% higher to 774.39 in stock market trading Friday, breaking out past a 764.55 buy point in a cup-with-handle base. Shares have found support near their 21-day exponential moving average. Its relative strength line is trending upward, as its 50-day line is also sloping up again. Tesla's RS Rating is 85 out of a possible 99. Its EPS Rating is 72. Among U.S. automakers with a growing slate of EVs, General Motors (GM) and Ford (F) each rose 0.5%. Recent IPO Lucid Motors (LCID) fell 3%. Tesla's China-based rivals Nio (NIO) declined 1.5%, Xpeng (XPEV) dipped 2.5% and Li Auto (LI) ended the day mostly flat. For more info check out my bio.
NASDAQ:TSLALong
by KulKashKlan
$TSLA’s igniting candle$TSLA has been acting better than most stocks throughout the week amid weakness in the overall market. It finally pushed above 765 in order to open up the chart for higher prices. We were long the $750 calls which returned 300% profit. The next move higher should take the stock in the 780-820 area. Most dips should provide a good buying opportunity as long as it holds above 765. October deliveries at the end of next week might be an important catalyst in either direction. From a technical perspective, Friday’s action was just the beginning of a new active sequence for the EV maker.
NASDAQ:TSLALong
by Eclubtrading
TSLA Potential EW Count: BTD at 680?TSLA could be making its way back down under 700 very soon...but that might be the last time you'll see it under 700 for a very very long time! Be mindful TSLA is also in an upwards channel, once the wave (c) completes from 752 to ~675...we could see a monster run for a primary Wave 3 up to 898 eventually! (Longer term) Please examine chart For now, you can try trading the wave (c) down to 675 with a hard stop loss over 752! These are just my ideas, I am not a financial advisor nor am I professional EW trader! Happy Trading
NASDAQ:TSLA
by stockmankam
TSLATSLA ........................................................................................................ ..................................................................................................... ........................................................................................................ .................................................................................................... ........................................................................................................ .................................................................................................... .......................................................................................................... .................................................................................................... ............................................................................................................ ....................................................................................................... vsdvsdvdsssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss sssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss sssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss sssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss sssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss ssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssssss dddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddd ddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddddd eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee eeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
NASDAQ:TSLALong
by belgee
Waiting Game TESLA (TSLA):Bulling long term scenarioHello traders and investors! Today we are considering the idea that Tesla (TSLA) can reach a target between $1,400 and $2,600. As far as I can see we are in a corrective structure. I consider it as a simple (and relatively) shallow zigzag to complete primary wave 4 and "follow" the guideline of alternation with primary 2 (complex and deep WXY correction). If this structure will eventually unfold as zigzag (with a B wave as a triangle) we should also see market geometry respected: a) wave 4 = 38.4% of Wave 3 at the middle line of pitchfork connected between cycle 1 and cycle 2 b) primary wave 4 completion in the region of intermediate 4 of lower degree Targets: $1,400 if primary wave 5 = 61.8% of primary wave 1 $2,600 if primary wave 5 = 100% of primary wave 1 Let's see what happens next.... as usual no rush to buy the dip
NASDAQ:TSLALong
by Dry-Storm
1
TSLA Bullish LineupTSLA has been consolidating since our explosive run early this year, I believe a breakout to the upside is imminent for the following reasons: We're riding a support line that has held up since the March '20 COVID-19 crash Bulls have gained control over the 50 MA, which is providing reinforcing support to the major support mentioned prior We had a major Symmetrical Triangle pattern breakout to the upside early August, showing bullish strength Finally, on a more technical view, RSI is showing a comfortable position while we dance against the upper side of our resistance. As well as MACD is turning over to a bullish momentum. In red I have identified our resistance, and in green is support. The bottom green parallel channel represents our major support and buyer interest zone, while our upper red channel shows our major resistance zone, one which I believe we will bounce off of after a breakout, before finding support around $720, and continuing upward. Best wishes, Good luck. Comment your ideas!
NASDAQ:TSLALong
by SpencerIrons