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.
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Tslashort
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 $120 Begin Accumulating
Just Ideas, Let me know if you have different idea or Bullish setup to share.
3D daily wolfe wave setup in TESLA$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.
Tesla, Inc. (TSLA) Headed For $125No waiting.
No delays... It has already started going down.
You can click/tap the image below to see the full analysis on my previous trade idea: Tesla | Chart Spells Doom! (Nov. 19)
Everything is about to speed up... The market crash, that is.
Thank you for reading.
Namaste.
Tesla Chief Twit bringing down the company to $102.85Head and Shoulders has formed on the Daily chart with Moving averages all looking down 200 > 21 > 7 .
The first target from the last analysis (ongoing) is $102.85
Bearish
Has Elon Musk Bitten off more than he can chew or are there signs he is slowly getting out of Tesla and focussing more on Twitter, Neuralink and SpaceX?
Only time will tell.
TSLA to continue slideAfter a definitive rejection of the $200 price.
Sellers took control of the TSLA price and are trying to get it below $191 once again.
if Buyers here are exhausted $187 is the next target and verification of another leg down with targets at $182 and $177
In the event of increased buyers confidence if they are able to hold $191 then a possible retest of the $200 could be in sight with $204