More Blue Skies Ahead After Landing in $400 ZoneThis spike down from pre-split levels of $2500 to $2000 is a good opportunity on what should be a short-lived spike downards.
Trade Idea: Set limit buy orders from $420-300 at $5 increments from $420-$400 and $10 increments from $400-$300. Many in orders that range shouldn't trigger.
Tslalong
Análisis Técnico de TSLATSLA moved Vertical, on Rumors of entering sp500, what I think will not happen for now.
Pensamos que esta ultima suba vertical fue una Onda 5, y que debería corregir hasta la zona de la MM de 50 Ruedas.
Entrada: Under 2000
Stop: 2158
Target: 1736 & 1536
Play can be made with Options to limit risk.
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TSLA - 10.97% Potential Profit - Corridor BreakoutLevel of confidence on this trade is Low/Mid and I will wait for a few minutes after the market opens to determine whether I'm entering with a Buy Stop or a Buy Limit order.
Corridor breakout. We are out of correction and it could now push up to +$2000.
Target price set at new Resistance bounce.
- 5-month uptrend
- RSI and STOCH above 50
- MACD above Signal
Suggested Entry $1845.75 (Buy Stop) or $1802.96 (Buy Limit)
Suggested Stop Loss $1778.69
Target price $2048.38
Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.
$TSLA SELL OFF PROFIT TAKING TODAY - BEARS FINALLY WIN BIG$TSLA likely to see big sell off today given widespread market pressure and stock floundering for last 2 days after 5 day 40% Up Run. All signs point to bears running down after open. If you're long - protect your position or load up on puts. Over the short term - I'm 100% short until we get to consolidation at $1765 level.
$TSLA Tesla Major Correction IncomingI won't pretend that Tesla's valuation as anything to do with reality, but signs are pointing to a significant pullback in the short term to the $1765 area.
Volume has increasingly fallen off each time it has tested the $1910-15 area. Expect $TSLA to test this level one more time. If it fails, it'll like fall through the support line unless the rest of the market is propping it up in a big way. North of $1915, and I would take the loss; however, I fully expect people will be taking some big profits after the 40% run up in the last few days - falling back to solidify it's base would represent a 23.4% retracement level from $1915. A double top will likely form on Tesla today, and we should see a very profitable pullback in the next day.
If the stock trends down the remainder of the day, expect that to accelerate into tomorrow w/ a big gap down likely.
TSLA CallsTSLA target $2052 its made another "flag post" i circled both, every time i see those on good ole TSLA it runs up another $100 or so bucks
just make sure to check the charts yourself to make sure, because you never just take someones advise without looking for yourself, because I can be wrong. and others can be too.
Also DM me if you'd like to join a free trading group or have questions, we are just starting up and need some traders to help liven it up.
TSLA LongTSLA has been consolidating for a little bit now, This stock is currently at a 61.8 Fib Level, 2 Hour Upward Trendline and a 2 hour support. Market structure hasn't been broken to determine change of trend as of yet. I am still in calls and looking for next projection of 1547.35 with final projection of 1596.00
No investment on TSLA until breaking the trading rangeThere is no doubt that for the moment an investment will be very risky, what you need to do is to wait for the breaking of the rectangle (trading range), and once it pullbacks, buy or sell at where the arrows point to. There is a high probability that it's right.
Now don't forget that the trading range may last for long, the lines I drew are here to show you what to do when it breaks.
Interesting TSLA movementTSLA has been underperforming the markets recently and seems like the past 2 weeks' accumulation has led to a gradual but steady sell-off.
TSLA pattern looks eerily similar to the dump back in feb/march. Will the same pattern play out and have TSLA retest the 200 DMA?
My opinion:
1) I don't think we go down to 200 DMA because TSLA has outperformed every auto company and the worst is over.
2) We may go down to the 50 DMA which is around 1300-1350.
3) I lean more on the bullish side and I think we will see a healthy move back towards the 1800 level before battery day. If it can hover around 1400, I really think 1500 is likely in the next 1-2 weeks. TSLA needs to see an influx of volume, though.
We saw today dip to 1385 but recovered above 1400 which is a good sign. RSI indicates oversold and I have never seen volume this low before. Low volume and declining price generally is a bullish indicator. It comes down to the timing, really.