TESLA not looking good BRUhHello, I am a NiceCat, Sir and Nice to meet you.
TSLA is not looking good after the H&S top formation and breakdown, now testing last support that is not that strong.
This probably will be lost with fake reclaim, followed by a clean retest that is a nice opportunity for a short term short position.
Or when in doubt better wait and place some bids in the area below, 100-120 USD.
Good luck.
Tslashort
Short term to long term entry on TSLA we LoadedThere is a 78min wolfe wave setup that triggered on today Nov 8. The projected target is calculated by extending a linear line between pivot 1 and 4 and projecting the line. This is represented as the green perforated line, as shown in the chart. The projected target is 234 which is expected to reach this price target within 3 to 9 days. Projected targets are defined by identifying the apex of the wolfe wave and projecting a vertical line toward the green perforated projection tgt which is extending from left to right. Using the customizable gap finder indicator there are sets of gaps along the way so these gaps will be levels to take and manage profits. Dec 16 220C locked and loaded with 190 contracts.
Strong Sell Signal On Tesla For Swing TradingI analyze on daily and weekly chart. Here are the list of indicators that Tesla is going down:
1. 100 SMA and 25 SMA crossover on weekly timeframe. SMA crossover is the first indicator I look for because it is the first indicator to show up.
2. Support line is being break by today's candle from the consolidation in the past month and the support from past few months. You can see my support line in color white in my chart.
3. -DI is above the ADX and the +DI is below the ADX which means it is very bearish. The slope of the ADX also counts. The higher the slope, the stronger the signal.
I'm currently looking for 130-150 for possible support. My first signal to close the position is when the -DI goes under the ADX but I will still wait for further indicators of reversal before taking profit.
Tesla Bearish Short Term Tesla broke its ascending trendline, with a candle "Hammar". If the stock regains the trendline it has room up to the 50 SMA. If it doesn't regain trend, it has the potential to the downside.
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TSLA Tesla Double Bottom | Call Options to Buy ! If you haven`t sold the Double Top:
Then maybe you should buy the regional Double Bottom now.
Looking at the TSLA Tesla options chain, i would buy the $220 strike price Calls with
2022-11-18 expiration date for about
$13.55 premium.
Looking forward to read your opinion about it.
Elon Musk will destroy Tesla for his ill-considered actionsWe are now in 2nd correction wave that targeted 158$-88$ and as you see we have head & shoulders that targeted the same zone at 88$
And Elon musk now doing bad things one of it trying to destroy twitter and i think if this actions continue he will go to prison.
10/16/22 TSLATesla, Inc. ( NASDAQ:TSLA )
Sector: Consumer Durables (Motor Vehicles)
Market Capitalization: $642.33B
Current Price: $204.99
Breakdown price: $207.50
Sell Zone (Top/Bottom Range): $211.25-$255.00
Price Target: $182.80-$186.00 (1st), $83.80-$78.40 (2nd)
Estimated Duration to Target: 14-17d (1st), 123-129d (2nd)
Contract of Interest: $TSLA 11/18/22 200p, 2/17/23 180p
Trade price as of publish date: $16.05/contract, $20.10/contract
TSLA - Triple top formed 15 % drop (NEW)The price formed a triple top pattern.
How to trade:
- enter short only if /when the price breaks the neckline (support) with the volume increase.
- target and stop loss are shown in the chart
Last daily candle shows that sellers are still in control and more downside is likely.
Macro is bearish overall, nothing changed.
Good luck
TSLA to test June`s lowElon Musk's purchase of Twitter may affect the TSLA Tesla amid demand concerns and stiff competition.
In order to to go ahead with $44 billion Twitter deal, Elon Musk most likely will sell more TSLA shares soon.
My price target for now is $209.
Looking forward to read your opinion about it.
TESLA - $TSLA - Head & Shoulder - Distribution almost OVER!!!!!When great trees fall, rocks on distant hills shudder, lions hunker down in tall grasses, and even elephants lumber after safety.
Soon Tesla will move from the head & shoulder -- down to its KNEES and that is when we will execute our entry for a long hold.
Sorry Elon, your Ponzi gig is up, you can't produce because you don't have materials and the ones that exist are over priced just like your vehicles.
Your stuck boo, your in a corner, stalemate, king cannot MOVE!
I presented this head & shoulder pattern on $TSLA back in July, before the Right Shoulder was complete and now we are on to the final stages.
I see a bounce occurring before heading lower.
On Monday - US holiday - we should expect lower volume and usually that means a sell off.
This view is on a weekly timeframe. I believe Tesla will wick below the neckline as it has in the past and then squeeze up and fill the GAP to $262.47 (1st target).
If the S&P500 shows strength mid October, prior to OPEX options expiry date, Tesla may keep trekking up the the second target which is in the $290 range before breaking the neckline.
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.
GOOODLUCK TRADERS!
HOOD double top 22 % drop possibleHOOD price is forming a double top pattern.
How to trade:
- enter short only if / when the price breaks below the neckline
- Volume surge on the breakout point will be a confirmation for a real breakout
- stop loss and target shown in the chart
Fundamentals:
- Macro remains bearish overall.
- DXY still strong.
- More downside expected in the stock and crypto markets
Good luck
TSLA to 235.00? We are in uncharted territory with Tesla printing new lower lows. The Twitter acquisition in the making we could potentially see a lot more volatility tomorrow and Friday. We have been in a bearish sentiment and trading within this channel as of 10/3. I am anticipating more bearish action with my first TP at 235.00 if the 240.00 zone is broken if we break structure to the upside I will adjust to whatever the market shows.
Tesla range for scalping If tesla reaches 232 that fib livil for daily over over sold
It can reach 273 easily and if it hold it can reach 298 as weekly fib livil
I think this is reasonable since btc correlated with stocks as a high risk assets
Btc can go to 23k
Tsla will blow up
But then milt down harder than we think
Any way i am bearish in both ( short term)
GOOD LUCK
TSLA INCOMING BLOODBATH $$$As I said in my prior analysis, breaking this main support will be quite negative for TSLA, but this week we ended up finishing just below the key support that had been holding TSLA for so long, but now that we have broken it. Expect a bearish October in which we will test the next levels of support shown on the chart.