Tslashort
Elon short because he said not to?What you see here is TSLA in somewhat of a range after repeatedly failing to create a higher high on larger timeframes. Look out for the retest of 280/281 for another small drop with potential of a larger drop. Although I am confident in the short term drop of tesla I do not believe that a bull run starting between 260 and 266 is impossible due to the volume of buyers previously interested at those levels, only time will tell.
TSLA SWING TRADEMy original setup has followed through so now we will take advantage of some small upside to come after the beatdown the past couple days... The 886 fib levels have been hit IEW the last local high to the swing low. Going to price action go green for a bit, so this may be a opportunity to get in on a bounce to some upside. No edge on oscillators, but it seems very practical to get market mercy. We are defiantly not bullish long term, as i expect to hit the 189-200 levels in the future. Thanks tradaaaas
Sell-off Exhausted | TeslaUS markets (S&P 500 Index +0.3%) ended Wednesday in the green after a choppy session, perhaps exhausting the extreme sell-off sentiment from the previous day. The unexpected result from the US inflation report released on Tuesday had prompted speculation that stocks could start to head back to their June lows in reaction to a more aggressive Federal Reserve.
Tesla (+3.4%) was one of NASDAQ’s best performers on Wednesday.
TSLA’s rise places it back above $300 per share, a territory the stock fell below after Tuesday’s broad-market rout.
Helping TSLA fend off broad investor pessimism is the company’s improving supply chains.
On Monday, Tesla’s vice president of investor relations Martin Viecha spoke at the invite-only Goldman Sachs tech conference. Viecha noted that the company’s battery supply chains are the best they have ever been, and Tesla can now buy all the cells it needs, for both its vehicles and energy-storage products.
$TSLA poised to drop🔸️Ticker Symbol: $TSLA timeframe: 15M 🔸️Bearish Pattern 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: After poorer then expected CPI data this morning, a sharp decline in the market has led us to believe that there is still some red left in Sept. As we come into Friday; which we have OpEX, stocks are set up to drop even more.. as smart money has been loading up on put options. My entry will be $296.32, about the .5 retracement of the order block from the marked Order Block/ Supply level. I will have my stop set up just a little higher than the supply level; and will target the C wave/ swing low that was set today. This is a 10:1 risk to reward, and about a $8 dollar drop in TSLA.
Looking at Trendsi Dashboard, it's easy to assume that this rise to our entry level will put us at the upper red band of our regression channel; money flow will be in our upper red band; and as we continue to back test these indicators, they have been spot on when determining future price movement. Using technical analysis and these very powerful indicators; I will be buying ITM options, for next weeks exp date.
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TSLA heading lower or bouncing up from support ?NASDAQ:TSLA
TSLA on the daily chart has mid-Fibonacci levels on the retracement of the uptrend serving
as support. The MACD has the K/D lines with a crossover above the low amplitude histogram.
So the question is wil TSLA break those supports and head lower or instead
will it bounce off of one or the other and uptrend towards overhead resistance.
What is your optinion?
Tesla down trend !Tesla broke the uptrend before 2 months and more .
We still under selling pressure .
The green line is the uptrend , the yellow is printed new down trend .
Our top target is 296 maximum
Our down target is 206 and i will study it again after we reach there .
I spoke before that we will have a sort of pull ups due the over sold in RSI DAILY.
Weekly we still high enough to go down more than 206 .
WE ARE IN RESCISSION , Dont FOMO
Good luck all
TSLA Slide ContinuesEarly in the Week: TSLA & IXIC, along w/ the market as a whole have performed poorly the week after Labor Day. With the current market, I expect things to get very ugly this month. I see all kinds of resistance above TSLA's current stock price of $269 and very few things to stop a freefall to $253-$251, which is my current price target where some more serious long term and consequential levels will come into play.
Late in the Week: Watch for option strike pinning later in the week - thursday (9/8) and especially friday (9/9)
Current Option Open Interest Key Levels
Calls:
<265 - 821 or less - very weak
265 - 4,817 SOFT PIN > 265
266.67 - 4,387
270 - 3,941
275 - 3,034
280 - 3,844 HEAVY PIN > 280
285 - 4,473
290 - 5,298
295 - 3,296
300 - 8,994
Puts:
250 - 8,119
255 - 3,259
260 - 3,924
265 - 6,376
270 - 4,235
TSLA Strategy 05-Sep-2022 @ 1 HR Bias: BearishTSLA Strategy 05-Sep-2022 @ 1 HR Bias: Bearish
Bulls:
1. Bullish Divergence at Klinger
Bears:
1. LH, LL
2. Came back from strong resistance at 313
3. Created double top @ 313
4. Broke Trend Line
5. Bearish trend continued for min. 90 Days
Bias: Bearish
Plan A:
Sell @ 263.5
SL: 304
TP1: 247
TP2: 229
Plan B:
Buy @ 290
SL: 264
TP1: 315
TP2: 340
TSLA looking weak SHORTTSLA is continuing to trend downward while China is melting down
and the TSLA giga factory is underproductive.
The chart shows a fall from the upper trendline of resistance
confirmed by the MACD lines flipping above the histogram.
Targets for the trade are the mid-range Fibonacci levels in the
retracted of the up trend so about 258 and final take
profit heading towards all earnings where the current trendline
hits the horizontal support at about 205 about October 1st.
Stop Loss nominally at $10 above the current market price.
Accordingly expecting a reward to risk of more than 5 to 1.
All in all, the short setup or put options appear to be
an excellent setup,
The best question is whether others in the sector are
following the market leader and dropping even faster or
instead, are they holding up better because they have
less China exposure
TSLA descending widening channel MEGAPHONE SHORT NASDAQ:TSLA
TSLA on the daily chart has a megaphone pattern showing increasing volatility as the price action is downward.
Supportive and resistance trendlines are touched multiple times. At present, the price is also at a horizontal S/R line being the 2021 year high.
Another horizontal line is the double bottom of Spring 2021 forming a support zone.
My analysis is that TLSA will downtrend from here heading down until the mid-Fibonacci
retracement levels and perhaps further to support zone at 188-208 and potentially lower
if short sellers aggressively gain directional momentum.
I have taken an out-of-the-money put option with a strike of $ 200 for October 21st mindful of the earnings date.
TSLA SHORTAs on the chart, TSLA is hitting heavy resistance and appears
to be setup to short. The whole China economic meltdown
and the NVDA issue with regard to China is weighing heavily.
Thus, TSLA has technical and fundamental headwinds.
Accordingly, this may be a good entry to short or get some
put options.
As an asidem the inverse ETF for TSLA, TSLQ is sitting
on horixontal support and looks ready to head upward
making it a low cost TLSA play.