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Tslalong

TECHNICAL - GAP FILL - Tesla - The Beast Will Rise AgainTesla has entered my buy zone from my previous short on Feb. 9. I like to take the trades that no one else will take... That is the life of a contrarian investor. FA: - Jerome Powell speaks today at 10am... Market overreaction to speculations of liquidity crisis, bond yield curve, interest rates, etc. - Tesla is still one of the most important companies TA: - Perfect Bullish Bat - Oversold on Bollinger - Strong support level here from previous resistance - 0.618 Fib level would be better, but I think that's too greedy - Speculating that daily candle will be reversal candle STRATEGY: - Entry: 676 - Entry 2: 575 - TP1: 788 - TP2: 1035 - SL: 521 - RRR: 2.35 - Wave 3 PT: 1400 The Bubble is just beginning my friends, "The Big Short" is not so easy of a trade...
NASDAQ:TSLALong
by UnknownUnicorn1043646
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!
NASDAQ:TSLALong
by informalStar16695
TSLA's doing it again. Don't be fooled. 1:5 Risk-Reward Trade.I'm expecting a great 2021 for TSLA overall, regardless of what investors and traders decide. I've drawn a premature triangle representing the region between two levels which I believe are crucial support and likely resistance for the next month and a half. The resistance I based on multiple different Fibonacci extensions drawn out from multiple swings. The support is crucial, not because I believe firmly that it will not break. Rather, it is crucial for this moon move. If we are going to the moon in March, then this support should not break. That is my thesis. I've also drawn out some key levels from previous charts. Bear in mind that this triangle matures once we have hit and reversed off of its top and bottom sides at least three times in total. So until now, the trade is not confirmed. However, if you're already long TSLA from my previous posts, then the stop loss should remain as it was at $722.9. This makes the potential loss about 9%. The target is the height of the triangle, supposing the triangle will mature and then break to the upside. That's a target of $1270, a 49% potential profit. Of course the moon is much higher than $1270. That's why I call it an initial target. The achievable moon for the year 2021 is at $2400 as I imagine it. Either way, let's observe and I will keep updating this idea as exciting TSLA price action unfolds.
NASDAQ:TSLALong
by TechNerdOmar
Tesla has disclosed in a recent SEC filing that it bought BTCTesla has disclosed in a recent SEC filing that it has bought $1.5 billion worth of bitcoin. "In January 2021, we updated our investment policy to provide us with more flexibility to further diversify and maximize returns on our cash that is not required to maintain adequate operating liquidity," reads the filing. "Thereafter, we invested an aggregate $1.50 billion in bitcoin under this policy and may acquire and hold digital assets from time to time or long-term." In addition to the bitcoin purchase, Tesla expects to begin accepting bitcoin as a form of payment for its products "in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt." Bitcoin's price has been soaring on the back of this news. It is currently trading around 12% up at about $43,500.
BITSTAMP:BTCUSDLong
by Trader_hao
1
My long-term scaling in for TSLA stockDisclamer: I am extremely bullish on tesla, I have been a shareholder of tesla since 800 dollars pre split and I am planning on adding more due to the Q4 conference call and all the bullish catalysts that will occur in the near future (2021). Considering that the stock is in a consolidation after a big push, I'll scale in at 840, 810 and 750. Short term I don't see the price going below 680 and I have a price target of 1150 for Tesla so I should get a 36% return for the 840 scale in in a year which I am happy for. Remember that Tesla is super volatile, it could hit 1000 this month and the 600 the month after. However I am confident that TSLA long-term will be a bargain at these price as it was when I scaled in the other time at 600-650 range.
NASDAQ:TSLALong
by Fed02
$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 Like & share! 👍🏼📣
NASDAQ:TSLALong
by TheTravel1ngTrader
2
TSLA Major Correction? Share your thoughts!Today I decided to zoom out and look at the big picture. I was looking at the monthly chart of NASDAQ:TSLA . I noticed that the current month is a green 8 on the TD sell setup, which means that next month is going to be the reversal signal. I imagine the candle of February to be red or a bearish pin bar (shooting star). Before I dive into the analysis, I want to make clear that I am long TSLA. Fundamentals have not changed. Tesla is going to be the biggest disruptor of the decade. What this analysis suggests is merely a correction. The scale of the correction might be too big. I measured it to be 38% at the smallest price range of the movement, and 49% at most. It is. no doubt. steep compared to the most recent correction of 34% in Sep 2020 which I marked in the chart above. Either way, TSLA is no stranger to these swings, so let's give it a deeper look. I previously called a target for TSLA at $1050 which lies above the border of the broadening wedge. This target has not yet been achieved, so we're still in that long position. It's actually playing out as drawn (see related idea ). From there, I see a breakout and going to new highs towards $2000 during 2021 as this image illustrates. But seriously, how is it fun sailing up to $2000 without some bumpiness? Right? From where we are right now, a rise to $2000 makes a little more than 2X in terms of gain. But take it down a notch and correct to about $550 and then jack it up all the way to $2200; and you get the headline "Tesla climbs 4X in 3 months as more wall street shorts get liquidated!". Michael Burry will have exited his short of course. Oh and what would cause such a crash is perhaps another Tesla crashing into a police patrol while on full-self driving. Now that we imagined it, let's see it on the chart. I drew two downward paths. Both are one-month long. The first starts after the $1050 target is reached. This will be the ultimate bull trap. Traders who sell at the top of the broadening wedge and would re-enter once price has broken above it are the ones that will eat the bull trap. The second path I drew starts after some consolidation along the next descending resistance line. Notice these parallel dotted descending lines. I estimated the next one using Fibonacci. So the idea of the second dotted path is that price gets squeezed between the descending trend line and the ascending top of the broadening wedge. At that point, I know that I will be in so much doubt whether price will plunge downwards from that squeeze or explore upwards. We'll just have to keep collecting clues to favor one bet over the other. The target of both paths is the bottom of the broadening wedge. In my estimation, if this correction happens, this will be the bottommost point for TSLA onwards. For the stop loss, you will have to keep watching this idea as I update it, because I can't decide a stop loss yet; except I would loosely say it's the descending trend line that price action will decide. We have to wait and see a bearish reversal signal such as a shooting star candle or a higher high in price coinciding with a lower high in RSI. In conclusion, I have to make clear a few points: I would never recommend shorting TSLA. TSLA has much much more room to the upside than it has to the downside. TSLA is much much more likely to see $2000 from here than it is to see $400. So shorting is a BAD idea. This is merely a warning with the goal that you make sure you are not too leveraged, that you prepare mentally before a correction happens, that you do not panic if it does happen, and that you prepare to add to your position at the bottom. TSLA is a long term investment for the coming decade. It is not a trade. This is one of those calls that I'm only publishing for fun and learning, and to entice thought and have some of your opinions. So please leave your opinion in the comments.
NASDAQ:TSLALong
by TechNerdOmar
7