Tesla Long-Term AnalysisIn the long term, a pullback is seen in the Tesla chart. If we define how far this retracement will continue with the valuation methods, we see 120 and 70 levels.
Tslashort
TslaUnfortunately, we kept going down , its really looks bad .
Closing the monthly below the support , and 120 !
Next we go to close the gap at 55-65 .
Good Luck
TSLA To 0$ ?NASDAQ:TSLA
Tesla is a great company, I don't think it will collapse, by fundamentals breaking each Q's Rev and Profits, Best selling car.
But as FED keeps raising the interest rate, it will go lower but for now:
Trade for a short timeframe . Tesla Looks great.
Over Sold, Close to Support Level, Sellers Vol Decreased, Far a Way from MA'S, confluence AREA!
I taking it for a long With 2 TP at Fibs Level.
Bought for 124.
Have fun.
TP1 139
TP2 149
SL 110
Let's talk about Elon & Tesla...Happy New Years people! 🎇 🎉
Starting 2023 off with another one of our Nostradamus style predictions. 🔮
Since Elon's massive selloff, speculation around Tesla has heated up.
So we figured we'd throw in our two cents...
Looking at the Tesla and SP500 daily charts here, we can see a few potential scenarios playing out.
We've mapped some key levels; the major 2020 support of $60, the $80-$120 zone it recently dipped into, and the bounce zone of $130-$160.
After the Elon-induced selloff, we saw a very nice bounce with 3 green candles last week. Definitely some short-squeezing taking place before years end.
This bounce can easily make a run back up towards $130 if we see a sustained pump across equities. 📈
Of course, which direction Tesla will move in the short-mid term depends on the stock market as a whole. That's why we included (as always), the SPX.
We can see a clear bounce off the top of the channel on the SPX that took place in early-mid December.
We've crabbed along the last week or so, and our gut tells us a broader sell-off might be incoming in Q1. 📉
If you're a long-term older of Tesla, setting up a dollar-cost average grid on the way down in that $80-$120 zone, might not be a bad idea. 💪
Especially if we really nuke down towards the $60 major support.
Long term we are VERY bullish on Tesla and all things Elon, but we might see some great buying opportunities here in 2023.
Eyes peeled.👀
-TucciNomics
Chief Overlord, AlgoBuddy
Some Recovery Expected Price have broken the channel ( Support ) some recovery from here is expected till about 146.00 area and then a drop - lower low till about 90s. Over all trend is still to the down side. Shorts in play, any rise is shorting opportunity for now.
Hit like & follow for more updates ;)
More downside for TSLATSLA has been a great play to the downside. With our reward vs risk ratio being the most important part of our trading strategy, we look to jump back in with a 2.84.
Going short on TSLAThe stock continues its bearish rally with formation of another possible higher low. Sellers are advised to go short.
TSLA short to 65.92TSLA is in a major downtrend, if we break through to 109 it's clear to 65.92. SHORT
will TSLA hold ???????
will we see $108 before the year over if TSLA don't hold this level it's over $108 here we come
TSLA 1D ResistanceTSLA1D Resistance is not at $214-$218
TSLA must stay above trendline to make a trend reversal
We will wait until there is a buy signal / trend reversal
Cheers
Going long on TSLA for a tradeOversold Rsi on daily always resulted in a 10%+ bounce. Support at 136 + downtrend support line.
It always bounced on low rsi + touch of the trendline.
TSLANot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
TSLANot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
TSLA - A Short Story ;DIf you didn't short Tesla at $386 then I don't know what you were busy doing! Easiest short ever with PE @ 1396.86! Buy again when PE gets below 50!
Sell TSLA. Clear head and shoulders. Sell it. It's painfully obvious.
Don't know if we'll get the chance to short but short $180 if it bounces. Could only get to $167.5 or just continue straight down. Sell now if holding any spot.
TSLA Double Top Tesla looks to play out double top Pattern. $150 area first bounce
$134 area area is target move
TSLA - A complete trade plan!I have mentioned all the technical tools which are indicating a strong bias towards selling the stock.
TSLA 1H BUYTSLA 1H support is at ~$186
Enter 50% at the current price
and try to set some BUY orders near the support zone
If TSLA stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
TSLA BULL TRAP Immediate BEARISH IDEA : Distribution Pattern
Look for drop then *UT to 198-200 area then failure with bearish divergence confirmation on RSI & MACD
Close below 178 cancels inverse H&S pattern to fill gap at 170 (we may find support at 173 for false rally and rejection at 178
Bullish then Fail set-up - Push up to 208-213 to grab liquidity then major rejection to complete 5th wave down with Bullish Weekly Divergence.
Resistance: 201 210 222
My Targets:
tP1 $160 -
tp2 $130
tp3 $120 Begin Accumulating
Just Ideas, Let me know if you have different idea or Bullish setup to share.
12/2/22: TSLA READY TO FALL OFF A CLIFFNot much to say here about TSLA but negative. It is possible we can push to $207, but I don't think we reach that. I believe we are close to the top of TSLA's rally and should continue to decline.
3D daily wolfe wave setup in TESLA$TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 261 which it left open in September 2022. This setup is identified in the previous post using the 2D time-frame and it is also appearing on the 3D time-frame.
The weekly setup was triggered the last week of November 25. 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 around 600 with estimated time of arrival sometime last week of March 2024. Short term wise, look to target the 261 gap or 200 day ma. Long term wise, dollar cost averaging on the dips would not be a bad investment for child's education fund.
TSLA 2D wolfe wave setup into January Run up$TSLA The wolfe wave indicator is increasing in popularity as we continue to see more people using it and enjoying the results. There is a massive setup for a gap fill 261 which it left open in September 2022.
The weekly setup was triggered the last week of November 25. 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 around 524 with estimated time of arrival sometime last week of January 2024. Short term wise, look to target the 261 gap or 200 day ma. Long term wise, dollar cost averaging on the dips would not be a bad investment for child's education fund.
