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Tslalong

TSLA / Tesla LongI entered the trade as shown on graph. From technical analysis we can see the neck and shoulders pattern directly before the price shot up. Using some graph theory maths I came to the following trendlines to fit data. Trendline 1 and 2 is both active lines over the medium term and looking at where they meet up, it looks like we hit that pivot point today but lets look if the momentum can be sustained so that the price is as close to pivot point 1 and 2 if not higher. My Stop loss is indicated at $570 Personally , the lowest it should be is $545 and we are looking at taking profit above both trendlines at. $784 However if you don't mind risk and patience, I'm sure tesla will be over $1000 in probably less than a year. Please view full graph for all levels and line explanations. With the last few days move on crypto you could expect Tesla shares to start showing the correlation more soon.
NASDAQ:TSLALong
by rudiroelofse
Trade Opportunity Coming $TSLATesla recently broke out of the $690 resistance and there is a large sell wall at $750. Take profit area is first at $740 then $750. There is also a short opportunity here if Tesla breaks to the downside. Watch for a $709 downward break to go short. Volume has slowed down in recent days and plenty of catalysts coming tomorrow (Jobs, unemployment, anything Musk says...). TL;DR Long: break out of $725 triggers buy. TP1 = $740 TP2= $750 Short: Break of $709 triggers sell. TP1 = previous resistance @ $700 TP2 = Gap fill location $685
NASDAQ:TSLA
by CptSafety
TESLA Potential BREAKOUT!Since the major breakout in November of last year, Tesla has been trading in a downward trend. Now we're on the verge of a possible bullish breakout. The price has been forming a triangle structure since the start of this year. As seen in the chart, TSLA has managed to break two resistance levels of the triangle pattern. We even see a re-test of the breakout on July 8th. Price also seems to be gaining momentum with three bullish candles since the re-test as well as a strong gain yesterday.
NASDAQ:TSLALong
by EmpowerTrader
1
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.
NASDAQ:TSLALong
by TOSOPTION
TSLA LONG on the Daily algorithmTSLA S3XY algorithm initiated a long position on the daily time-frame on June 23. The weekly signal remains neutral and if both daily and weekly are long then we have a potential price explosion for tsla that could retest and break thru $1000. Daily Long position is very bullish and likely the early signs of TSLA making another attempt to run up to $1000. Before $1000, there are three psychological levels - 700, 800 and 900. There are two time aggregation periods that suggest the price level of 700 will be taken out this week based on the famous BLT candlestick combination. These combo candlestick setup can be viewed on the 2D and 3D aggregation period. We have opened two positions and likely to continue to add more for July and august monthlies. S3XY on the 30min time frame is long and we also have a full position using common shares.
NASDAQ:TSLALong
by TOSOPTION