Bulls of Wall Street - TSLA Possible Setup, Will be looking for an entry within the next 2-3 days. Stay tuned!
Tslashort
Still bullish on Tesla?
Bearish Harmonic pattern, decreasing MA's, lower highs/lows, oil optimism, close below long term .381 retracement ( no support from .5), am i forgetting anything? Be careful friends.
The Case Against TSLA: short-interest vs. price actionI lowered the xabcd since it imo could happen, bringing price to around 217, but then what happens after that..everyones favorite stock crumbles! Why? I believe short interest. But where are my Tesla bulls? Im a recovering TSLA investor, "shot myself in the foot" way too much when I started trading, so I probably wouldn't buy into the TSLA hype unless it shot up drastically (i.e PCLN). What is the bullish argument? ( I like Musk, I know he's an innovator, but what am I missing!?!) Best, Matt
Time to short TeslaA temporary dip in the price for a few days is likely to happen for the earnings report. Long term outlook is still bullish. Short term bearish .
Stochastic and RSI Overbought and Oversold Setups: TSLADoes this strategy make sense? I'm not sure if I'm exhausting my understanding. If I'm wrong, tell me I'm wrong. Let me know your thoughts, traders!! :)
Tsla Decline: Election or Earnings?Does anybody else see a TSLA downtrend? I don't think it will go as low as the 1.618 of wave 1, but certainly into the 1.272-1.414 before earnings and election. Yes, after that point I think it will rise higher
TESLA COMPLETING A TOP, FAILING AT THE 200DAY MATesla stock lost the 50day moving average on Friday and is testing the 200day moving average support today. At current levels the stock would also clear a clean 'lower high' top. On a close below $217 (200d ma, horizontal support) could see a deeper selloff starting with next better support at $199 (gap) and at $188 (summer low)
BYE BYE TESLA (Tesla Motors Inc (TSLA)’s Expansion in Asia is B
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Dear All,
After looking at the monthly chart think TESLA is a short candidate. It failed to make new highs for last few years. There are couple of projected parallel path I drew just to get a guestimate which path it may take or route. The solid Red line is parallel to solid green line and dotted red line is parallel to dotted light green line. The dotted two black lines are a possibility if there are some bad news but I just drew it because I don't have the closing at the top channel on monthly chart for August.
TRADING STRATEGIES: If leap available then got for few years out and also go for out of the money options for cheaper bargain. Other wise you can make butterfly/condor type of complex crap for more on downward gain and less on top gain.
Big investors probably frustrated and started dumping shares except holding only few % of share for symbol of status.
marketexclusive.com
TSLA Medium Term Short - Next leg down from the bearish trendTSLA (Tesla) Short
Here's a setup of a TSLA short that I've initiated on Friday. Looking at the Fibonacci retracement lines, it has struggled to breakout of the 38.2% line after it's initial denial at the 23.6% line. Recently, there has been a breakout from the 38.2% region due to a strong market, despite negative Tesla stories as of late. Similarly, price has had difficulty breaking above the 200sma, which it broke just as of late. However, the main bearish trend line, top one in blue, is acting as strong resistance. Tesla closed once again at the 38.2% line, looking to make a reversal here and head back to low 200s. Unless there is a breakout of the top trendline, I expect another leg down push, hopefully into the low 200s/high 100s region.
This is a purely technical-based short setup but is very influenced by Tesla news. Musk has yet to release his master plan which he had mentioned this past week. Any evidence of a breakout of the blue line would be a good place to cover a short position.
Short Tesla $TSLADefinite Sell Signals. 1. Bottom BB Band. 2. KSTindicator Bearish and crossing 0, 3. CMF is negative. 4. Coppock curve is negative and crossed 0. Has some more room to go down. Would not be surprised to see it hit the lows we saw a few months ago, around $140.
TSLA Short CircuitDeclining Triangle formation on top. Not very symmetrical but OBV indicates insider activity is a prelude to negative earning announcement. Entry can be at current price levels if there is no bounce prior to earnings. Uncertain a straddle straddle strategy is ideal but only when Implied Volatility is high.
TSLATesla is trading within a larger weekly-monthly distributive pattern. The 7-month trend has been within a BEARISH descending channel. Each prior attempt to test the upper trendline has formed a rally to has failed to follow through...an "upthrust." Longs are holding onto *RISK* into resistance.
If the 50% Fibonacci retracement holds the bias would continue lower supporting distribution thesis with a TARGET as absurd as $100
TSLA possible oppurtunity to go short in the short term TSLA is currently in an uptrend however it might break the uptrend thanks to a prediction done with the technical indicators that all show that TSLA is overbought. I have drawn the support (green) and resistance (red) horizontal lines. The price is getting close to the resistance level at around 193.50 and might bounce back down to around 183 at the first support level. This is -- in case you haven't realized yet -- a 30 minute time frame. Reversals could be quick and not very long lasting.
TSLA short reentry opportunitySeems to be a 50%retracement of the 3rd elliot wave. It is also a level of previous support and resistance (the red line). The red rectangle is an area of possible resistance (calculated with multiple fib retracements and projections) place stops above it. Only thing thats making me a bit less confident about this trade is the fact that we broke out of the downwards sloping channel. Goodluck
TSLA Trend Channel Short With a 3 day weekend coming up and China still a major bearish fundamental influence, I am shorting certain speculative tech stocks that will likely take the most short term punishment.
TSLA is one of them and I like how a technical trend channel is providing a great entry for a short. I expect at least a minor selloff on Friday for traders/investors that simply do not wish to remain exposed for a third bloody Monday for equities. I may exit this position if tomorrow provides very bullish price action and proves me wrong.
This is part of an overall strategy that I have right now based on a retest of the lows we have recently seen on this pullback.
