TSLA SHORT SET UPTITLE/(DATE)- SELL LIMIT TSLA
ASSET- TSLA
PLATFORM- MT4
ORDER TYPE- SELL limit
Time Frame- 1D
ENTRY PRICE 1- $632.00 (Pending)
ENTRY 2- $647.00 (pending)
STOP LOSS- $652.00 (300 PIPs)
TAKE PROFIT 1- $600.00 (300 PIPS)
TAKE PROFIT 2- $570.00 (600 PIPS)
TAKE PROFIT 3- $540.00 (900 PIPS)
TAKE PROFIT 4- $510.00 (1200 PIPS)
TAKE PROFIT 4- $480.00 (1500 PIPS)
STATUS🚨 PENDING🚨
Tslashort
TESLA - S&P Global announced that Tesla will join the SP500 that's why it grew up.
S&P Global announced that Tesla will join the SP500 on Monday December 21st.
Tesla will become the largest company in history when included in the SP500 index. Its quotes soared 13% on news of inclusion in the index.
The share of Tesla with a market capitalization of $ 385 billion in the total capitalization of the entire index (about $ 28 trillion) will exceed 1.3%.
there is no need to buy back the current ones.
it is better to wait for the rollback.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
SOLO - a 3 wheels fully electric and coming for NIO! So electrameccanica company has been here for a longggg time but not many people knew about it till today -what’s the story with the EV brand new MR bean compact looking car?
at 18.5k for a brand new full electric car with a 80 MPH per hour speed and battery of 17.3 kWh and most importantly so small you can park it anywhere.
remember the price is a key to reach consumers here and that is a part of the NIO craze !
so yeah it does kind of look funny but its very practical for urban city life and the company behind it actually knows very well what they are doing - this is why i believe SOLO is going to rock the EV market and push aside some older known brands.
the company has been around since 1959 in Italy by the founder Frank Reisner - a great car engineer but not a great business man in my eyes, he has made over 10 different car models and won several awards but never really got the company to the next level.
in 2016 the company built SOLO model as electric formula one race car and entered the NASDAQ at 2018.
Today the car is still unknown on most parts -never saw one in real life but this to me is the solution of "Smart" car combined with "Abarth" on the electric version and I believe that in this price and the current vast marketing budget the company is using the stock is way undervalued.
LET’S TALK TECHNICAL:
So the stock was trading below 3 broke out on fundamentals to 3.33 on the EV craze and haven’t looked back since.
New higher high of 3.92 on November 9th and there started a strong impulse wave that is not healthy for a stock with no substantial earnings yet- jumped to 4.97 and gave a gap to 5.28 - remember GAP MUST BE FILLED and that means stock will go back to "review" that price at some point.
from 5.27 to almost 8$ in 4 hours with a retracement to 6.43 and all based only on investors hype for EV market at the moment - which I am sure stock will revisit very soon when Biden gives his nomination speech.
we are currently in the end of a corrective wave and stock is expected to climb up to 6.5$ and give us one more correction to fill in the gap at 5$ and from there I really think stock will surge all the way to Q1 earnings in 2021 where they are expected to show some profits on paper.
As per now I am a strong buy and big believer in this stock and m=company behind it unlike many other new EV stocks popping out every day – these guys have been around for a long time and they have a finished product in their hands to show for.
Similarities between Xpeng and SOLO - just thought its worth mentioning the waves identical movements between the two:
Trade Safe and beware of the Hype – bubbles are meant to burst !
Leeroy
TSLA longsTsla has gone down since my last analysis but, the sell price was never reached and I believe a complex correction is about to finish forming contrary to my previous analysis. After this formation if we get a nice bullish candle in the $380's-$400's I believe Tsla will continue higher to the $600's. Tsla is one of the only stocks to actually rally (a historic rally at that) during lockdowns and I believe the second wave of corona (regardless if we shut down or not) won't affect the company and the stock.
4H'rs TESLA SELL NOW $TSLA CHART
Welcome Traders >> We Have Here Opportunity And Direction For $TSLA
! Frame : 4H !
! Tools Details On Chart !
♣️ Up Trend Line 3 Bonce
♣️ Resistance Area + Key Level
♣️ Volume Area
📚 Vision : Sell 📚
🔷 Take Profit Levels : 404 / 400 / 380/ 360
🔷 Stop Lose Levels : Close 4H Candle Above POC LINE
!! Please Take care Trading Is Very Risk Don't Risk On Any Position !!
TSLA Short biasRejected at BLUE upper trend line on Oct. 1st.
Holding 20DMA for now.
No strong breakout to either side from wedge pattern.
If we break through the 200DMA/Upper RED trend line -> look out for support by the lower RED trend line.
Beyond the chart:
Valuation still extended, fewer cars delivered in Europe QoQ, competition gained market share, earnings this year look like they will be a one hit wonder made possible by the sale of credits, still no S&P inclusion,...
TESLA - UP COMING MOVE - SHORTTSLA - It's trading in a negative territory and the approach should be a short sell here at current price 392
Potential downside target 374 - 358
Maintain Stop loss around - 398
Traders, if you like this idea hit the like button and for any doubts write in the comment section
Thanks !!